NVIDIA faced a record-breaking single-day drop in market capitalization, losing 9.5% and erasing $278 billion on Tuesday.
Photo by Christian Wiediger on Unsplash
NVIDIA experienced the largest single-day market value drop in history, closing down 9.5% on Tuesday, September 3, and wiping out $278 billion in market capitalization.
This surpasses the previous record set in February 2022 when Meta lost $251 billion. Since announcing its earnings last Wednesday, NVIDIA's stock has fallen 14%, with a total decline of 18% over the past week.
Econotics Official Account
U.S. Inflation Rises in July Amid Tariff Pressures. Core Inflation Hits Highest Level Since February 2025, reflecting the ongoing effects of President Trump’s tariffs
The world sits on the edge of a potential oil shock. As conflict between Israel and Iran had escalated
The United States has lost its last perfect credit rating after Moody’s Investors Service downgraded the country from 'AAA' to 'Aa1'
The world map as we know it is about to change and Canada stands at a crossroads. It could become the 51st state of United States.
The Turkish lira hit a record low amid rising political turmoil, with markets reacting to Imamoglu’s detention and further central bank rate cuts.
