Nvidia's shares nosedive by nearly 13%, wiping out US$430 billion in market value due to investor concerns over regulatory changes, semiconductor demand shifts, and cooling tech stock enthusiasm.
On Holding AG, the esteemed Swiss sportswear company, saw a decline in its stock value due to a cautious report from M Science highlighting increased competition, supply chain issues, and shifting consumer preferences. Despite demonstrating resilience in revenues, the company faces significant challenges in maintaining its growth trajectory.
