Nvidia’s shares plummeted nearly 17%, marking its worst day since March 2020, with a market cap loss of about $600 billion, the largest single-day drop in U.S. history. Broadcom also fell 17%, losing $200 billion in market value.Boeing reported its sixth consecutive annual loss, nearing $4 billion in Q4, while General Motors exceeded expectations with adjusted earnings of $1.92 per share and $47.7 billion in revenue, forecasting a strong year ahead despite industry challenges. Starbucks is set to report quarterly results, with expectations of a mixed performance as it undergoes a turnaround under new leadership.
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0 posts last weekRamaswamy Leaves DOGE to Run for Ohio Governor Amid Controversy
Vivek Ramaswamy has stepped down from co-leading the Department of Government Efficiency (DOGE) with Elon Musk to pursue a gubernatorial run in Ohio. Ramaswamy expressed confidence in Musk’s ability to lead DOGE, which aims to streamline government operations, while he prepares for his campaign. His departure follows criticism of American culture and reports of tensions with Musk, as Ramaswamy seeks to distance himself from the organization amid ongoing legal challenges against DOGE.
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