You Searched For "wipeout" and got 20 results
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2 mins read
Nvidia just recorded the biggest single-day wipeout by a US company
Nvidia stock fell 9.5%, shedding $278.9 billion in valuation. The loss is tied to concerns that inc…
Shubhangi Goel
2 mins read
LVMH's Bernard Arnault has gone from the world's richest person to flirting with 5th place after a $54 billion wipeout
LVMH CEO Bernard Arnault was wealthier than Elon Musk and Jeff Bezos in March, but his net worth ha…
Theron Mohamed
1 min read
How much Silicon Valley's richest CEOs and founders lost in the stock market wipeout
Tech leaders like Elon Musk, Jeff Bezos, Mark Zuckerberg, and Jensen Huang saw their net worth decl…
Kelsey Vlamis
2 mins read
A grocery tycoon turned Walmart robotics supplier is one of this year's biggest wealth losers after $9 billion wipeout
Symbotic CEO Rick Cohen has suffered a huge slide in his net worth this year amid an investor backl…
Theron Mohamed
1 min read
After Jensen Huang's Nvidia wipeout, no one has gained more wealth than Mark Zuckerberg in 2024 — becoming $54 billion richer
Meta CEO Mark Zuckerberg's net worth has surged by $54 billion this year, exceeding a $49 billion g…
Theron Mohamed
2 mins read
John Oliver was right the Conservative Party just faced an epic wipeout at the polls
The Conservative Party suffered a massive defeat at the recent UK general election, ending its 14-y…
Kwan Wei Kevin Tan
2 mins read
Traders have poured $5 billion into leveraged Nvidia ETFs. They're up 425% even after the stock's big wipeout.
The success of single-stock ETFs that track Nvidia has yet to spill over to other leveraged ETFs th…
Matthew Fox
1 min read
China's property crisis deepens with 87% value wipeout in developers' dollar bonds
An 87% value wipeout for Chinese developers' dollar bonds is symptomatic of the wider crisis facing…
Joseph Wilkins
1 min read
Nvidia's stock price feels the full September effect, suffering a $180 billion wipeout
Nvidia shares have tumbled 10% this month, wiping $176 billion off the semiconductor giant's total …
George Glover
1 min read
Tesla suffers $65 billion value wipeout as shares plunge following Elon Musk's downbeat Cybertruck outlook
Musk warned that higher interest rates and the delayed production of the Cybertruck could dent Tesl…
George Glover
2 mins read
Apple's $200 billion valuation wipeout may foreshadow a post-US tech future
Huawei's new Mate 60 phone, apparently made in China without US input, is a bad omen for America's …
Hasan Chowdhury
1 min read
A $5.5 trillion savings wipeout is raising risks for the US economy
A sharp slide in Americans' personal savings is threatening to hurt consumer spending, which has so…
Zahra Tayeb
5 mins read
Big Tech's wipeout sends workers scrambling
We're taking you inside the mass layoffs hitting Silicon Valley's biggest companies. Plus, a look a…
Matt Turner,Dave Smith
1 min read
Short-seller Hindenburg has fueled a massive wealth wipeout for 3 of the world's richest men this year
Hindenburg Research has made high-profile bets against Gautam Adani, Jack Dorsey, and Carl Icahn in…
George Glover
1 min read
Vin Fast suffered an $83 billion wipeout after the EV start-up's shares plunged 44% in a single day
The Vietnamese EV maker had enjoyed a stunning stock-market debut despite only expecting to sell 50…
George Glover
2 mins read
Apple, Microsoft, Tesla, and Meta see a combined $625 billion wipeout in market value amid August's stock slump
Four Big Tech companies - Apple, Microsoft, Tesla, and Meta - have lost a combined $625 billion in …
Zahra Tayeb
2 mins read
WALL STREET WIPEOUT: Thousands of jobs cut on brutal day for finance
It's a dark Wednesday on Wall Street, as Goldman Sachs cuts thousands of jobs and BlackRock cuts hu…
Matt Turner,Sindhu Sundar,Reb…
1 min read
An $11 trillion wealth wipeout has set the world back for the first time since 2008, thanks to a trifecta of high inflation, interest rates, and currency declines
Total global household wealth dropped by $11.3 trillion to $454.4 trillion in 2022 amid runaway inf…
Zahra Tayeb
2 mins read
Elon Musk, Jeff Bezos, and the 6 other richest Americans have suffered a nearly $400 billion wealth wipeout this year
Musk alone has seen $140 billion erased from his fortune as historic inflation, surging interest ra…
Theron Mohamed
2 mins read
Democrats were facing a November wipeout, but a summer of wins is giving them a chance to hang onto Congress
Democrats may be able to hang onto the House and Senate after securing bipartisan deals, along with…