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SHIRSENDU KARMAKAR
Nvidia suffers record $279 billion loss in market value as Wall Street drops Nvidia shares took a historic 9.5% nosedive, shedding $279 billion in market cap as investor enthusiasm for AI waned, triggering the biggest drop in the PHLX chip index since 2020. Nvidia plunges 9.5%, losing $279 billion in market value amid AI concerns Shares of AI heavyweight Nvidia (NVDA.O), opens new tab tumbled 9.5% on Tuesday in the deepest ever single-day decline in market value for a U.S. company, as investors softened their optimism about artificial intelligence in a broad market selloff following tepid economic data. Nvidia lost $279 billion in market capitalization, a major indication that investors are becoming more cautious about emerging AI technology that has fueled much of this year's stock market gains. ©SHIRSENDU KARMAKAR #Nvidia
SHIRSENDU KARMAKAR
Is your made-in-China electric vehicle truly environmentally friendly? As the number of electric vehicles (EV) surges globally, there are increasing discussions about whether these cars are truly environmentally friendly, given the substantial carbon emissions generated during their production and in power grids used to charge their batteries. The short answer is yes. EVs do help bring down emissions as compared to conventional cars, but it gets complicated when considering emissions during an EV’s life cycle, from production and charging to disposal. ©SHIRSENDU KARMAKAR #Nvidia