Nvidia's stock plunge erases $118B in market cap

Nvidia's (NVDA) reign as the most valuable publicly traded company was brief. The semiconductor giant extended its losses, shedding $118 billion in market capitalization. The company, which recently surpassed Microsoft (MSFT) to claim the top spot, is seeing shares drop amid the market's triple-witching Friday.
#youtube #Nvidia #stockmarket

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[George-fh]

"PLUNGE!" 🤯 🤣🤣🤣🤣 Down 3% after up 162% YTD.

[StewieGriffin]

I HAVE NO IDEA WHY PEOPLE SOLD AT $140 WHY NOT WAIT FOR AUGUST EARNINGS

BUY NVDA WAIT FOR AUGUST EARNINGS
THIS IS YOUR BLACK FRIDAY SALE!!!
REMEMBER WHEN PEOPLE SELL, THERE ARE INVESTORS OUT THERE THAT BOUGHT HIGH.
THESE INVESTORS WILL HOLD UNTIL THEY PROFIT

NEXT HIGH IS 150, WE WILL SKIP $140

[JP]

This is why Warren Buffett says that people should only look at the stock market prices once a year! Nothing fundamentally has changed with Nvidia since this time last week. They are still growing strongly, remain leaders in AI and have a great business model and not a week goes by without them announcing some new partnership. People who hold the stock would be foolish to sell.

[elonmusk]

The stock corrected itself and everyone thought the sky was falling smh.

[dgaz]

It quadruple witching: Stock Futures, Stock Index Options, Stock Options, Single Stock Futures.

[TheBooban]

Strange nobody talked about “triple witching day” until today.

[paulgermano]

I wouldn't be surprised if many who decided to short NVIDIA eventually lost more money than the airline industry. Just like when people shorted TSLA before its first stock split 💀

[paulbunyan]

By 2029 NVDA will be a $500 stock before the competition even begins to catch to up to where they were 5 years ago...They are that far ahead...😁

[vinvin]

Msft and apple ask them to drop price 😂😂😂

[lemontadams]

AI is the opposite of job creation… it is job elimination, and it has just begun.

[FrankBenjamin-lb]

*_It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast. I will also suggest investors to get yourselves a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on._*