Nvidia’s value tumbles by $430bn since spy allegations, as major US law firm hired to investigate claims – business live

Rolling coverage of the latest economic and financial newsNvidia is facing a test of “institutional confidence”, warns Waleed Said, technical analyst at brokerage GivTrade:Nvidia’s 5.47% decline to $168.89, extending its losses for a second consecutive session, has transformed an executive controversy into a test of institutional confidence. Approximately $430 billion in market value has reportedly disappeared across the two sessions…