According to @KobeissiLetter, Nvidia (NVDA) extended its decline to -5.5%, erasing over $250 billion in market capitalization on fears of increased competition from Google. Source: The Kobeissi Letter on X, Nov 25, 2025. The source attributes the move to competitive concerns tied to Google, indicating headline-driven de-risking in AI chip exposure during the session. Source: The Kobeissi Letter on X, Nov 25, 2025. The source did not provide crypto market data; traders can monitor for sentiment spillover into AI-linked crypto narratives and broader risk proxies such as BTC and ETH during US hours. Source: The Kobeissi Letter on X, Nov 25, 2025.