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Mario Nawfal: Nvidia premarket stock falls 5 percent amid Chinese spy scandal questions

Mario Nawfal: Nvidia premarket stock falls 5 percent amid Chinese spy scandal questions
Nvidia shares down 5 percent premarket

Nvidia shares traded at $176.70 in premarket on Monday, down 5 percent from Friday's close and about 27 percent below the company's October peak of around $243.

Mario Nawfal questioned whether the Chinese spy scandal could become the most expensive event in Nvidia's history.

Earlier, Mario Nawfal commented on investor expectations for a $500 billion valuation cut ahead of Anthropic’s planned IPO. He has also reported that economists no longer expect China to overtake the U.S. as the world’s largest economy in the near term, reversing previous forecasts (full article). Both developments reflect shifting sentiment in major technology and economic arenas.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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