Nvidia market value sinks, Microsoft works to fix outage, PPI data read on inflation
FROM THE WIRE · FINANCE.YAHOO.COM
The 8:30 hosts, Julie Hyman, Jake Conely, and Pras Subramanian, tackle the top stories of the day, including Nvidia (NVDA) losing $1.6 trillion amid a sell-off as the stock falls for the sixth straight week, and Microsoft (MSFT) continuing to deal with outages affecting Outlook…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishNvidia's $1.6 trillion loss and the PPI inflation data are relevant for equity markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Nvidia lost $1.6 trillion as the stock fell for a sixth straight week.
- 02Microsoft continues to deal with outages affecting Outlook, Copilot and Teams.
- 03US producer prices rose 0.3% in October.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
NVIDIA Corporation161.74 USD-0.75%today -2.68%Negative Microsoft Corporation522.15 USD-0.12%today -0.16%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets