NVIDIA Loses ‘Global Number One’ Status as Market Cap Falls Below $3 Trillion

June 25, 2024 – In a stunning reversal of fortunes, NVIDIA, which had recently been crowned the world’s most valuable company with a market capitalization of 3.34trilliononJune18th,hasseenitsvalueplummetbyalmost400 billion in less than a week. As of this writing, NVIDIA’s shares have fallen by approximately 5% (after dipping to 6.44% earlier in the day before recovering slightly),…

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