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via finance.yahoo.comMarkets

Nvidia tumbles over 13% in the week after Jensen Huang resigns

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- One story at the top of the AI trade dominated the week, reshuffling expectations across the chip sector and spilling into Chinese tech, while a crypto-linked name fell on an index decision and a slide in bitcoin. Our AI stock portfolio is beating the S&P 500 by…

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishThe resignation of an AI mega-cap's CEO shook the chip sector and the AI trade.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Nvidia fell more than 13% over the week.
  2. 02Jensen Huang resigned as president, CEO and board member.
  3. 03The news hit the AI trade overall and the chip sector.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
NVIDIA CorporationNVDAStock162.66 USD+0.16%today -2.12%Negative Advanced Micro Devices, Inc.AMDStock532.56 USD+0.05%today -9.01%Negative Broadcom Inc.AVGOStock345.78 USD+0.04%today -5.10%Negative Alibaba Group Holding LimitedBABAStock93.88 USD-0.04%today -0.51%Negative BitcoinBTCUSDCrypto69,092.00 USD+0.03%today -3.16%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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