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But we saved everything 🙂.
Luis Garicano suggested that, based on his calculation, Nvidia should lose $1 trillion in total over the week and be valued at $3.8 trillion. He described estimating the negative impact, apart from a potential departure by Huang, as the difficult part.
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Garicano has previously highlighted the impact of rent control in Spain, reporting that landlords in Madrid and Barcelona began screening renters and excluding vulnerable groups after new regulations were introduced (full article). In the US steel sector, he reported that a steel CEO acquired a Canadian plant to prevent Steelco from entering the market, which led to 500 job losses at the facility (full article). These cases reflected Garicano’s focus on corporate strategies and regulatory outcomes.