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Nvidia’s Slide and Apple’s EU Fines | Bloomberg Technology

Bloomberg’s Ed Ludlow breaks down Nvidia sliding for a third consecutive day and wiping out $400 billion off its market cap. Plus, Apple faces billions of euros in fines over its App Store rules under the EU’s Digital Markets Act, and car sellers warn of a possible material hit from the CDK cyberattack. 08:09 Wealth…

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Bloomberg’s Ed Ludlow breaks down Nvidia sliding for a third consecutive day and wiping out $400 billion off its market cap. Plus, Apple faces billions of euros in fines over its App Store rules under the EU’s Digital Markets Act, and car sellers warn of a possible material hit from the CDK cyberattack.

08:09 Wealth Enhancement Group Portfolio Manager Ayako Yoshioka
23:13 Cooling Demand for Bitcoin ETFs
31:13 Voodoo Co-Founder & CEO
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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8 Comments

  1. @viv8687

    June 24, 2024 at 3:36 pm

    First

  2. @nygariottley245

    June 24, 2024 at 4:24 pm

    the media loves blood in the water. It’s just profit taking going on, Some people bought @ less than $100.00 so even with the split it’s all profit. Valuation a bit high? yes. But this aint no tech bubble AI is up there with the Wheel, Mobile Phones, TV.. true price is between $200.00 to $250.00 / still a buying opportunity. Can’t wait for Chipotle to split. With the influx of migrants, it will rival Mcdonalds (unless McDonalds) get with it too. Then it’s a Penny stock…

  3. @avayu2289

    June 24, 2024 at 4:27 pm

    Only losers are on social media. “Be real” on a fake – phony platform.😂 Real connections make time to do a meal or play a sports game together. (Golfing, pickleball, etc etc..) in real person IRL!😎

  4. @AY-8478.

    June 24, 2024 at 9:13 pm

    The white Europeans have got together and put nvidia in its place!!!

  5. @J-D248

    June 24, 2024 at 10:17 pm

    Good grief.. the price is only down to where it was 2 weeks ago.

    Calm down

  6. @KeisiKapaj

    June 25, 2024 at 2:52 am

    The moment some sell orders get executed you manage to say that AI is not so good at doing things.

  7. @Lewis502

    June 25, 2024 at 6:56 am

    Re: VOODOO & BeReal and Ed’s commentary re: who’s your target audience… everyone with a cell phone, was the response.

    Tends to be a red flag, similar to “everyone is our target audience”. I have yet to see any company publicly state this in early years that has ever been successful at this scale.

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