Stocks slumped at the start of a new month for the third consecutive time as market participants assessed the escalation of conflict in the Middle East and the possible fallout of a massive U.S.
However, Q3 2024 was a disappointing stretch for Nvidia stock. During the July-September quarter, NVDA shares shed 1.7%, as the stock notched the largest market cap decline in history during the ...
Tech stocks such as Nvidia and Google have dominated global equity markets so much that this has "skewed" fund manager behaviour and led to high levels of correlation between DFMs, Orbis has warned.