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Asia · Financial press · The Economic Times

US stocks: Retail buyers limit Nvidia stock rout

Published by The Economic Times · India 51 min ago
Ex-Nvidia CEO Jensen Huang
Ex-Nvidia CEO Jensen Huang · The Economic Times

Detailed summary

Retail investors poured a record $111 million into Nvidia shares during Thursdays first half-hour of trading, helping the stock trim an opening loss of as much as 14% to about 5%. The dip-buying suggests confidence in the AI trade remains resilient despite CEO Jensen Huangs departure and Nvidias loss of more than $1 trillion in market value over five weeks.

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