{"id":62691,"date":"2025-02-03T12:43:07","date_gmt":"2025-02-03T17:43:07","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=62691"},"modified":"2025-02-03T12:43:07","modified_gmt":"2025-02-03T17:43:07","slug":"stock-market-news-nvidia-plunged-by-3-47-while-tesla-dropped-by-6-23-as-trump-discussed-tariff-norms-with-mexican-president","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/stock-market-news-nvidia-plunged-by-3-47-while-tesla-dropped-by-6-23-as-trump-discussed-tariff-norms-with-mexican-president\/62691\/","title":{"rendered":"Stock market news: NVIDIA plunged by 3.47% while Tesla dropped by 6.23% as Trump discussed tariff norms with Mexican President"},"content":{"rendered":"<p><span style=\"font-weight: 400\">As of 12:32 PM EST, several high volume stocks have experienced mixed performance as trading continued on Monday afternoon. However, after President Trump announced a halt in the imposition of tariffs on Mexico, Wall Street has showcased recovery as the percentage decline in major stocks was relatively less as that on Monday morning,<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u00a0<\/span><b>NVIDIA Corporation<\/b><span style=\"font-weight: 400\"> (<\/span><b>NVDA<\/b><span style=\"font-weight: 400\">) saw a <\/span><b>\u22123.47%<\/b><span style=\"font-weight: 400\"> drop, with a price of <\/span><b>115.90 USD<\/b><span style=\"font-weight: 400\"> and a market cap of <\/span><b>2.84 T USD<\/b><span style=\"font-weight: 400\">. <strong>NVIDIA<\/strong>\u2018s stock is still recovering from the past week\u2019s decline caused by the launch of China\u2019s DeepSeek AI model which caused turbulence in the U.S. stock market.\u00a0<\/span><\/p>\n<p><b>Tesla, Inc.<\/b><span style=\"font-weight: 400\"> (<\/span><b>TSLA<\/b><span style=\"font-weight: 400\">) decreased by <\/span><b>\u22126.23%<\/b><span style=\"font-weight: 400\">, with a price of <\/span><b>379.39 USD<\/b><span style=\"font-weight: 400\"> and a market cap of <\/span><b>1.22 T USD<\/b><span style=\"font-weight: 400\">. On the brighter note<\/span><b>, Meta Platforms, Inc. <\/b><span style=\"font-weight: 400\">(<\/span><b>META<\/b><span style=\"font-weight: 400\">) increased by <\/span><b>+1.28%<\/b><span style=\"font-weight: 400\">, with a price of <\/span><b>698.03 USD<\/b><span style=\"font-weight: 400\"> and a market cap of <\/span><b>1.76 T USD<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><b>Apple Inc. (AAPL)<\/b><span style=\"font-weight: 400\"> dropped by <\/span><b>\u22124.18%<\/b><span style=\"font-weight: 400\">, with a price of <\/span><b>226.13 USD<\/b><span style=\"font-weight: 400\"> and a market cap of <\/span><b>3.4 T USD<\/b><span style=\"font-weight: 400\">. Whereas,<\/span><b> Amazon.com, Inc. (AMZN)<\/b><span style=\"font-weight: 400\"> rose by <\/span><b>+0.33%<\/b><span style=\"font-weight: 400\">, with a price of <\/span><b>238.46 USD<\/b><span style=\"font-weight: 400\"> and a market cap of <\/span><b>2.51 T USD<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><b>Microsoft Corporation (MSFT)<\/b><span style=\"font-weight: 400\"> decreased by <\/span><b>\u22120.82%<\/b><span style=\"font-weight: 400\">, with a price of <\/span><b>411.65 USD<\/b><span style=\"font-weight: 400\"> and a market cap of <\/span><b>3.06 T USD<\/b><span style=\"font-weight: 400\">. However, <\/span><b>Palantir Technologies Inc. (PLTR)<\/b><span style=\"font-weight: 400\"> rose by <\/span><b>+0.47%<\/b><span style=\"font-weight: 400\">, with a price of <\/span><b>82.87 USD<\/b><span style=\"font-weight: 400\"> and a market cap of <\/span><b>188.79 B USD<\/b><span style=\"font-weight: 400\">. The chip-maker company will release its earnings report after the bell closes today.\u00a0<\/span><\/p>\n<p><b>MicroStrategy Incorporated (MSTR)<\/b><span style=\"font-weight: 400\"> declined by <\/span><b>\u22121.44%<\/b><span style=\"font-weight: 400\">, with a price of <\/span><b>329.96 USD<\/b><span style=\"font-weight: 400\"> and a market cap of <\/span><b>82.91 B USD<\/b><span style=\"font-weight: 400\">. Similarly, <\/span><b>Broadcom Inc. (AVGO) <\/b><span style=\"font-weight: 400\">dropped by <\/span><b>\u22120.87%<\/b><span style=\"font-weight: 400\">, with a price of <\/span><b>219.34 USD<\/b><span style=\"font-weight: 400\"> and a market cap of <\/span><b>1.03 T USD<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Finally, <\/span><b>Advanced Micro Devices, Inc. (AMD)<\/b><span style=\"font-weight: 400\"> decreased by <\/span><b>\u22122.01%<\/b><span style=\"font-weight: 400\">, with a price of <\/span><b>113.62 USD<\/b><span style=\"font-weight: 400\"> and a market cap of <\/span><b>184.38 B USD<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Disclaimer: This article is for informational purposes only and does not constitute any financial advice.\u00a0<\/span><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0NVIDIA Corporation (NVDA) saw a \u22123.47% drop, with a price of 115.90 USD and a market cap of 2.84 T USD.<\/p>\n","protected":false},"author":433,"featured_media":2030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[23690,22370,284,17335,22414,23237,15006,3934,18616,153],"class_list":["post-62691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-advanced-micro-devices","tag-amazon-com","tag-apple","tag-broadcom","tag-meta-platforms","tag-microsoft-corporation","tag-microstrategy","tag-nvidia","tag-palantir-technologies","tag-tesla"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/433"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=62691"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/2030"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=62691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=62691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=62691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}