Business · 10 hours ago
Nvidia Loses $570bn In A Week After Jensen Huang's Exit
Coolcaesar, CC BY-SA 4.0, via Wikimedia Commons
Nvidia shed more than $570 billion in stock market value this week after Jensen Huang's sudden exit as chief executive. Shares fell 13% over five trading days, closing Friday at $162.85, the steepest weekly drop since April 2025. It was also a sixth straight week of losses, the longest run since 2012, piling pressure on interim chief Colette Kress before quarterly results due on Tuesday.
Reported by Bloomberg · How we write briefs