Nvidia's stock dips after China opens probe of the AI chip company for violating anti-monopoly laws
  • December 9, 2024

Nvidia's stock dips after China opens probe of the AI chip company for violating anti-monopoly laws

Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. In a brief news release with few details, Chinese regulators appear to be focusing on Nvidia's $6.9 billion acquisition of network and data transmission company Mellanox in 2019. Nvidia shares fell 2.6% Monday.

Global Investors Snap Up $3 Billion of Indian Stocks in One Week
  • December 9, 2024

Global Investors Snap Up $3 Billion of Indian Stocks in One Week

(Bloomberg) -- Foreign funds are returning to the Indian stock market after a massive selloff, amid growing optimism over interest-rate cuts.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectCloud Computing Tax Threatens Chicago’s Silicon Valley AmbitionsNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitOverseas in