Elena Nikulina

Nvidia sees record weekly market cap loss of $657 billion, Jesse Cohen notes

Nvidia sees record weekly market cap loss of $657 billion, Jesse Cohen notes
Nvidia posts record weekly market cap loss

Nvidia lost $657 billion in market capitalization this week, marking its biggest weekly loss on record.

Jesse Cohen, identified as a Senior Markets Analyst at Investing.com, pointed out that Nvidia's earnings report is expected next Tuesday.

Cohen has recently highlighted other notable developments in the tech sector. Last quarter, he reported on Taiwan Semiconductor's record $23.55 billion net profit. He also covered the launch of Tesla’s new flying car, describing it as aligned with his vision of the future.

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