U.S. stocks open with the Dow slightly up, Nvidia drops 2.28%, cashes out $5.8 billions
ChainCatcher news, according to Golden Ten Data, at the opening of the US stock market, the Dow Jones Industrial Average rose by 0.03%, the S&P 500 Index fell by 0.21%, and the Nasdaq Composite Index fell by 0.48%. Nvidia (NVDA.O) dropped 2.28%, with SoftBank stating that it had fully liquidated its Nvidia holdings in October, cashing out $5.8 billion. Coreweave (CRWV.O) fell 9.3%, as the company faces doubts about its profitability expansion. Beyond Meat (BYND.O) declined 7.1% due to weak sales expectations for the fourth quarter.
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