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Nvidia shed $589B in market cap from sell-off

DeFi Daily News by DeFi Daily News
January 28, 2025
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Nvidia shed 9B in market cap from sell-off
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Stock futures (ES=F, NQ=F, YM=F) search for direction after Monday’s steep sell-off, which erased nearly $600 billion from Nvidia’s (NVDA) market cap, the largest loss on record for Nvidia. Important to note, retail investors bought over $550 million in Nvidia shares. Though, as Nvidia begins to tick back up in pre-market trading, questions remain about whether this bounce is temporary or part of a sustained recovery. While some Wall Street analysts echo sentiments of a growing dot-com bubble, others argue the bull market is intact. In the video above, Morning Brief co-hosts Brad Smith and Seana Smith break down the market’s volatility, while further examining Nvidia’s loss and retail investor actions.
#youtube #Nvidia #stocks

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Tags: 589BBondsbusinesscapCurrenciesEquitiesFXInvestingInvestmentMarketMarketsMoneyNewsNvidiaNYSEPersonal FinancePoliticsSavingsSellOffShedStock marketstocksYahoo FinanceYahoo FInance Premium
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