More Pain for Facebook and Nvidia

More Pain for Facebook and Nvidia

Facebook (META) and Nvidia (NVDA) two of the leading technology projects, they seem to be going through a real crisis.

Both companies lost tens of thousands of dollars in market cap during the trading week ending September 16.

The implications are huge for these two companies that have just dropped out of the top 10 most valuable companies in the world.

The network giant Facebook, now called Meta Platforms, is but a shadow of what it was a year ago. In fact, on September 7, 2021, Facebook joined the prestigious club of companies worth at least $1 trillion with a market cap of $1.078 trillion set that day.

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