๐ฐย #Nvidia lost $212 billion in market capitalization. This is the SECOND daily loss in the history of the stock market. The first belongs to Meta (Facebook), in February 2022 this company lost 232 billion in capitalization.
The Magnificent Seven index fell below the 50-day moving average for the first time since October 2023.
In addition, this week will be the week of earnings reports from Microsoft, Google, Tesla, Meta.
If the market doesn't like these reports, we may see another downward move.ย