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Nvidia shares moved lower Monday after China's State Administration for Market Regulation said it is investigating the chipmaking giant for potential violations of Chinese anti-monopoly laws.

It's easy to understand why Nvidia (NASDAQ: NVDA) has become the favorite tech stock of many investors. Perhaps he's found another asset that might end up soaring higher than Nvidia over the long haul, and that's Bitcoin (CRYPTO: BTC). According to publicly available 13F filings, Englander sold off 1.6 million shares of Nvidia during the most recent quarter, resulting in a 12.5% reduction in his Nvidia position.

News of the day for Dec. 9, 2024

(Bloomberg Markets) -- Donald Trump’s pledges to slash taxes, crack down on ­immigration and impose steep tariffs have long stirred concern that his policies may widen the budget deficit and fuel inflation, sparking higher interest rates and bond yields. That would be bad news for bond investors, since prices fall when yields rise. But by all measures, the $29 trillion US Treasury market has been relatively peaceful since Trump won the election on Nov. 5. The benchmark yield on 10-year bonds dro

(Bloomberg) -- Standard Chartered Plc and Virtu Financial Inc. are among large financial companies poised to join a new London-based crypto derivatives venue, as a market rally boosts the appeal of digital currencies. Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampCloud Computing Tax Threatens Chicago’s Silicon Valley Ambition

The biggest cryptocurrencies were down ahead of Monday's US equities open as investors wait for key

(Bloomberg) -- It was little more than two and a half years ago that Franklin Templeton’s boss Jenny Johnson took to LinkedIn to express her excitement about buying European private credit stalwart Alcentra. Today, a key part of the acquired business is struggling to justify the enthusiasm.Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Rid

Lava has raised $10 million in funding led by Khosla and Founders.

The AI-chip giant is under scrutiny.

The financial tech provider is on the cusp of making a purchase, at the same time that it’s grappling with employee severance costs, its CFO said last week.