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Source:
CNN
Nvidia Falls in Spy Probe
U.S. stocks rallied Monday, with the S&P 500 rising 2.35% and the Nasdaq gaining 2.7%, even as Nvidia shares fell about 4.3%, wiping roughly $192 billion from its market value. Nvidia is investigating reports that CEO Jensen Huang was targeted by a foreign intelligence effort; Huang also acknowledged an extramarital affair, and President Donald Trump said the FBI was looking into the matter. The uncertainty comes as investors are already concerned about the sustainability of AI-related spending.
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