Tariff fears
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GEM HUNTER 💎· 2025-10-12 20:46
RT Coffeezilla (@coffeebreak_YT)Imagine getting liquidated because of tariff fears on Friday only to have it called off two days later. 💀 https://t.co/HY0m0Iov3z ...
Nvidia down 30% from high as tech-led sell-off hits Magnificent Seven
CNBC· 2025-03-10 16:01
Core Insights - Nvidia has experienced a significant decline, losing nearly a third of its value within two months after reaching a new high [1] - The stock has dropped about 5% recently, contributing to a broader downturn in the tech sector, with the Nasdaq Composite falling over 4% [2] - Concerns over tariffs and potential economic growth have negatively impacted technology stocks, including Nvidia [2] Company Performance - Nvidia's stock reached an intraday high of $153.13 on January 7, 2025, before experiencing a downturn [2] - The company has seen a market cap reduction of approximately 20% since President Trump's inauguration [1] Industry Context - The technology sector is facing challenges due to reliance on overseas parts and manufacturing, with new tariffs potentially increasing costs [2] - The Nasdaq Composite index is trading at a six-month low, indicating broader market concerns [2]