00:00if you hold nvidia in your account today's news hits directly analysts are cutting their price targets one firm slashed
00:07its target by sixty per cent nvidia's stock fell nearly fourteen per cent from its level before the scandal broke
00:13it's friday november thirteenth
00:15let's look at what this means for retail investors in korea korean retail investors hold about eighteen trillion one worth
00:22of nvidia shares the ceo jensen hwang admitted to a relationship with a former executive at a singapore data center
00:30firm the board then pushed him out of all his roles investors who bought the dip this week are now
00:35facing a fresh shock here's what the numbers show baird's cut its nvidia rating from outperformed to neutral and slashed
00:43its target from five hundred dollars to two
00:45bernstein also halved its target to two hundred dollars a lithia capital dropped its buy rating and withdrew its target
00:52entirely morgan stanley and bank of america kept their positive ratings but removed nvidia from their recommended lists nvidia's shares
01:01fell nearly ten percent over two days after the admission they closed at one hundred sixty point four seven dollars
01:07overnight down about fourteen percent from the last trading day before the news earnings are due on the
01:13seventeenth and analysts say the leadership questions could increase volatility around that release so what does this mean for you
01:19if you hold nvidia your position faces two risks now the leadership vacuum and the wider regulatory pressure from washington
01:27know what you own and know what you're waiting for eighteen trillion one in exposure concentrated in one name with
01:35a catalyst just days away watch the earnings release closely because it will either steady the stock or confirm the
01:41downgrades that's today's
01:43a.i.prism retail investors this episode was produced with a.i.assistance based on sole economic daily reporting a
01:51.i.prism is a juan ifra award-winning series we'll be back tomorrow
