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The Guardian - UK
The Guardian - UK
Business
Graeme Wearden

Tech shares slide after SoftBank sells Nvidia stake; UK interest rate cut expected in December – as it happened

United Kingdom Unemployment United States Bank of England Office for National Statistics
KOID, a Unitree Robotics G1 Humanoid Robot, walking the floor of the New York Stock Exchange yesterday
KOID, a Unitree Robotics G1 Humanoid Robot, walking the floor of the New York Stock Exchange yesterday Photograph: Brendan McDermid/Reuters

Closing post

And finally… here’s our news story on SoftBank’s decision to sell its stake in Nvidia:

And here’s some of the other major news today:

Wall Street is not sharing the festive mood in London.

The Nasdaq Composite is down around 0.7% after this morning’s trading session.

Here are the top fallers:

  • Applovin Corp: -10.1%

  • Micron Technology: -4.072%

  • NVIDIA Corp: -3.509%

  • Marvell Technology: -3.411%

  • Lam Research Corp: -3.409%

  • Arm Holdings: -3.333%

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