Nvidia And Tesla Stocks Slide 6% Apiece—Wiping Out $250 Billion

Stock market today: Nvidia, Tesla and other Big Tech stocks drag Wall Street lower

Drops for Nvidia, Tesla and other former superstars are dragging Wall Street lower. The S&P 500 fell 0.8% Wednesday. The Dow Jones Industrial Average lost an early gain of 230 points to flip to a loss of 28 points. The…

Stock market today: Nvidia, Tesla and other Big Tech drag Wall Street lower

Drops for Nvidia, Tesla and other former superstars are dragging Wall Street lower. The S&P 500 fell 0.8% Wednesday. The Dow Jones Industrial Average lost an early gain of 230 points to flip to a loss of 37. The weakness…

Nvidia And Tesla Stocks Slide 6% Apiece—Wiping Out $250 Billion

Nvidia CEO Jensen Huang and Tesla CEO Elon Musk lost more than $15 billion combined Wednesday, according to Forbes’ estimates.

Dow Jones Falls After Housing Data; Nvidia, Tesla Slide

The Dow Jones dropped Tuesday amid housing reports. Nvidia stock and Tesla sold off on the stock market today. The post Dow Jones Falls After Housing Data; Nvidia, Tesla Slide appeared first on Investor's Business Daily.

Yesterday, March 26, the shares of American technology giants Nvidia and Tesla fell, causing the companies to lose hundreds of billions of dollars in market capitalization. Nvidia and Tesla shares each fell by about 6%. This contributed to the S&P 500 falling by more than 1% and the Nasdaq falling by more than 2%. AI chip maker Nvidia (about $170 billion) and electric car maker Tesla ($52 billion) lost a combined $222 billion in market capitaliz…

Stock Market Today: Nvidia, Tesla and Other Big Tech Drag Wall Street Lower

NEW YORK — Drops for Nvidia, Tesla and other former superstars are dragging Wall Street lower on Wednesday. The S&P 500 was down 0.8% in midday trading. The Dow Jones Industrial Average lost an early gain of 230 points and was down 37, or 0.1%, shortly before noon. The weakness for Big Tech had the Nasdaq composite heading toward a market-leading loss of 1.5%. The group of dominant stocks known as the “Magnificent Seven” has been at the center o…