Nvidia Suffers Record $279B Rout | Horizons Middle East & Africa 09/04/2024

Nvidia suffers a record single-day rout, sparked by worries surrounding the AI mania, and that was before Bloomberg broke news of subpoenas from the US Justice Department. Also on the show: Oil extending declines after a loss of almost 5% on Tuesday over the possibility of political unrest easing in Libya; US Justice Department has announced criminal charges against six senior Hamas leaders; More Asian airlines are checking their Airbus A350 fleets; African leaders have gathered in Beijing as the Forum on China-Africa Cooperation begins. Guests include: Samy Chaar, Lombard Odier, Chief Economist & CIO for Switzerland; Carla Slim, Standard Chartered, MENA Economist.

00:00 Introduction
04:20 Nvidia suffers record $279B rout
08:15 Samy Chaar, Lombard Odier, Chief Economist & CIO for Switzerland
14:54 Brent crude erases 2024 gains
19:34 US charges senior Hamas leadership
27:28 Carla Slim, Standard Chartered, MENA Economist
36:15 More airlines checking Airbus A350 fleets
40:41 China-Africa cooperation summit begins in Beijing

Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
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