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The Nvidia stock rout sent CEO Jensen Huang's net worth plummeting $18 billion
Nvidia's stock selloff means the value of Jensen Huang's stake is down by more than $20 billion
Jensen Huang still owns a hugely valuable stake in Nvidia Corp., but the chief executive's position is worth $20.7 billion less after Monday's sharp selloff. Huang's stake is now worth $101.9 billion,
Nvidia and the stock market come roaring back after historic sell-off
After plunging 17% on Monday, Nvidia climbed almost 9% as investors rushed in to buy this historic dip in shares of the top chip maker.
While tech bigwigs like Mark Zuckerberg, Jeff Bezos and Elon Musk all plan to be at Donald Trump's inauguration on Monday, the CEO of one of the biggest companies says he will not be there. Nvidia's Jensen Huang, worth an estimated $100 billion, said he will not be in Washington for the event.
While Dow Jones closed in green with minor gains ... also saw its founder-CEO Jensen Huang lose about USD 20 billion or about 16.74 per cent from his net worth, taking Huang's overall net worth ...
American AI stocks got sucker punched after China's DeepSeek app reportedly showed advancements against rivals sending investors into sell mode, shaving 3% off the Nasdaq.
Nvidia staged a moderate rebound on Tuesday, rising as much as 3%, following a 17% drop the prior day. More broadly, major US indexes rallied after S&P 500 and Nasdaq 100 saw sharp losses on Monday amid concerns over the Chinese AI firm DeepSeek rapid and cost-effective advances.
Sources: FactSet, Dow Jones Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet ...
A company called DeepSeek said it had developed a large language model that can compete with U.S. AI giants but at a fraction of the cost.
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
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Global warming is the unusually rapid increase in Earth’s average surface temperature over the past century ... but also from cutting down carbon-absorbing forests. Since the Industrial Revolution began in about 1750, carbon dioxide levels have increased ...
News from China upset U.S. markets Monday and disrupted the frenzy that had built up around artificial intelligence.
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