How Much Has Nvidia Lost? A $1.6 Trillion Wipeout Explained
So how much has Nvidia lost? About $1.6 trillion in market value, according to CNBC on November 13, and the stock is on track for its longest weekly losing streak since 2012. The selling started with the scandal that pushed out Jensen Huang, and a 5.1% 10-year Treasury yield has made it worse. If you own an S&P 500 or Nasdaq fund, you hold some of this loss, but your cash is safe and the next big test comes with Nvid…