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Podcast: Morgans Financial Limited (Imports from Soundcloud)
Episode: Morgans AM: Wednesday, 11 December 2024
Description: US equity markets declined ahead of the latest inflation figures tonight AEST - Dow retreated for a fourth straight session, down -154-points or -0.35%. Nvidia Corp fell -2.69%, extending its two-day slide to over >5% after China’s State Administration for Market Regulation said it was investigating the company over possible violations of the country’s antimonopoly law, opening an investigation into the chipmaker in relation to the acquisition of Mellanox and some agreements made during the acquisition. Nvidia’s revenue in China totalled US$13.5B in the past four quarters, accounting for ~12% of its global total, according to The Wall S...