Reported about 11 hours ago
Nvidia's unprecedented 17% plunge on January 27 erased over $590 billion from its market cap, marking the largest single-day market cap loss for any US company. While the sell-off was largely isolated, it unveiled significant concentration risk within the stock market, illustrating how major companies like Nvidia and Broadcom can heavily influence market indices. Investors are advised to reassess their portfolios to avoid overexposure to just a few stocks, despite the potential for long-term wealth accumulation through diversified index funds.
Source: YAHOO