Nvidia Slump Drags Nasdaq Lower as Investors Question Tech Profits

Nvidia fell 5.5% as the Nasdaq and S&P 500 declined following investor concerns over the long-term returns on artificial intelligence investments.CEO Jensen Huang described an industrial revolution, yet Nvidia's market capitalization meant it accounted for 80% of the S&P 500 losses.Salesforce rose 4% after Marc Benioff announced a $50B share buyback while Warner Bros. Discovery faced a $252M loss and potential acquisition.Oil prices fluctuated as the USA engaged in nuclear talks with Iran and Donald Trump's 25% tariffs complicated chip sales to China.