{"id":851661,"date":"2024-09-04T09:35:27","date_gmt":"2024-09-04T04:05:27","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=851661"},"modified":"2024-09-04T09:45:33","modified_gmt":"2024-09-04T04:15:33","slug":"nvidia-takes-major-hit-loses-279-billion-in-market-value-as-shares-drop-9-5-per-cent","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/04\/nvidia-takes-major-hit-loses-279-billion-in-market-value-as-shares-drop-9-5-per-cent\/","title":{"rendered":"Nvidia takes major hit: Loses $279 billion in market value as shares drop 9.5 per cent"},"content":{"rendered":"<p>The shares of Nvidia fell 9.5% on Tuesday, marking the deepest single-day dip in market value for a US firm. The AI firm lost $279 billion in market capitalisation. The decline in shares reflects a broader market selloff, as investors tempered their enthusiasm for artificial intelligence in response to lukewarm economic data.<\/p>\n<p>This is a strong signal that investors are growing more cautious about the emerging AI technology that has driven much of this year\u2019s stock market gains. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The shares of Nvidia fell 9.5% on Tuesday, marking the deepest single-day dip in market value for a US firm. The AI firm lost $279 billion in market capitalisation. The decline in shares reflects a broader market selloff, as investors tempered their enthusiasm for artificial intelligence in response to lukewarm economic data. This is a strong signal that investors are growing more cautious about the emerging AI technology that has driven much of this year\u2019s stock market gains.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-851661","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/851661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=851661"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/851661\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=851661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=851661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=851661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}