Nvidia (NVDA) experienced a significant decline in its stock price on July 17, 2024, dropping over 6% and erasing more than $170 billion in market capitalization. This decline contributed to a broader sell-off in the technology sector, with the STOXX Europe 600 Technology Index falling 4.5%, its biggest one-day drop since December 2022. Nvidia's market cap fell below $3 trillion, and insider trading activity was noted, with executives selling a combined 1,761,133 shares worth $231,095,500. Nvidia's market cap drop was larger than the entire market caps of Goldman Sachs, Comcast, Intel, Unilever, and Micron.