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0 0 -0.000732933354953806 -8.1076698556761E-05 0.00162153397113672 -0.0055132155018647 -0.0033241446408302 -0.00372952813361435
Stock impact report

China probe wipes $123bn off US tech giant as Xi braces for Trump tariffs [Yahoo! Finance]

Mondelez International, Inc. - Class A (MDLZ) 
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
Company Research Source: Yahoo! Finance
Nearly $123bn (£96.2bn) was wiped off the value of Nvidia in early trading on Wall Street after Beijing said it was suspected of violating its anti-monopoly law. It comes amid rising trade tensions with the US after Mr Trump announced last week that he will impose an additional 10pc tariffs on all Chinese goods entering the US economy on his first day in office in January. China's State Administration for Market Regulation (SAMR) said Nvidia is also suspected of violating commitments it made during its acquisition of Mellanox Technologies, completed in 2020. Beijing's move, for which it did not give detailed explanation, comes days after the Biden administration blacklisted hundreds of Chinese semiconductor companies. It was the third US crackdown in three years on China's semiconductor industry, which saw Washington restrict exports to 140 companies, including chip equipment makers. Read the latest updates below. Thanks for joining us on the Markets blog today. We will b Show less Read more
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