Nvidia stock tumble shifts market as AI rally fades
Nvidia stock tumbled 6.7 percent marking a third straight drop and weighting the Nasdaq as the S&P 500 slipped 0.3 percent while the Dow gained 0.7 percent. Exxon Mobil and SLB rose with oil near highs. RXO jumped 23 percent on a UPS Coyote Logistics deal.
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Abigail Watt
Vermilion rezoning plan faces referendum push and tax-base debate
Vermilion faces a potential referendum after a June 20 rezoning ordinance. A petition must gather 430 signatures from 10 percent of 2022 gubernatorial voters, with a July 10 deadline. Mayor Forthofer warned the project hinges on growing the tax base to fund streets and water system upgrades, while proponents argue the DBR plan would boost the community with a 600 to 671 home, mixed use development near Route 2 and new sewer options.
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the Chronicle
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