NVIDIA Wins Race to $4 Trillion Market Cap
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Nvidia (NVDA) became the first publicly traded company with a market capitalization of over $4 trillion. Ramzan Karmali examines who could follow in the AI chipmaker's historic footsteps. To watch more expert insights and analysis on the latest market action,
Nvidia's earnings over the past 12 months were worth about 0.07% of global GDP, according to Deutsche Bank, while the company employed around 0.0004% of the global population. Now that Nvidia has passed the $4 trillion market-capitalization milestone,
The jump on Wednesday marks a milestone for the stocks, which embarked on a stunning rally in the years since ChatPGT debuted in 2022.
Nvidia became the first publicly traded company to surpass a $4 trillion market capitalization value, 13 months after surpassing the $3 trillion mark and making it the world’s most valuable company ahead of Apple and Microsoft.
Nvidia hit a $4T market cap, the first company to do so — and of course it’s all about AI Now that’s a big number. These interviews with Matt Garman and other AWS leaders are unsponsored editorial stories:
Most major banks in Asia-Pacific increased their market capitalization in Q2 as falling interest rates attracted investors to bank stocks in anticipation of increased economic activity.
A company that went public in 2019, Aramco has a current market capitalization more than three times as large as its nearest challenger, the American firm Exxon Mobil. According to data compiled by Companies Market Cap, indeed, Aramco’s present market cap is greater than that of the next seven biggest oil and gas companies combined.
The chipmaker extended its winning streak to a seventh consecutive week — and the 11th in the last 12 — nearly doubling its share price from early April lows in just over three months.