AI chip giant Nvidia leapfrogs Microsoft and Apple as most valuable listed company

London’s FTSE 100 closed 0.6 per cent higher, with investors optimistic ahead of key domestic inflation data and the Bank of England’s policy decision this week. Photograph: Hollie Adams/Bloomberg

The company’s shares climbed 3.2 per cent to $135.18 on Tuesday, bringing its market capitalisation to $3.332 trillion and surpassing the two tech giants that have long jostled for pole position on US stock markets.elections. The pan-European Stoxx 600 index closed nearly 0.7 per cent up, with utilities leading sectoral gains, up 1.5 per cent.

Banking stocks were in focus as it was confirmed that euro zone inflation ticked up to 2.6 per cent in May from 2.4 per cent a month earlier, which served to bolster expectations that therose 3.4 per cent to €4.14 with sentient towards the sector boosted as Whitbread, the London-listed Premier Inn owner reiterated its full-year forecast even after posting a 2 per cent drop in revenue per available room in the 13-week period to the end of May.

Novonesis advanced 5.8 per cent, after the Danish biotechnology group raised its full-year outlook, expecting growing demand for its biosolutions.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Nvidia overtakes Apple as No 2 most valuable companyNvidia rallied to record highs yesterday with the artificial intelligence chipmaker's valuation breaching the $3 trillion mark and overtaking Apple to become the world's second most valuable company.
Herkunft: RTEbusiness - 🏆 16. / 61 Weiterlesen »

AI darling Nvidia's market value surges closer to AppleNvidia's shares rallied around 6% to hit a record high on Wall Street last night, leaving the AI chipmaker's stock market value about $100 billion away from overtaking Apple in a major reshuffle of Wall street's biggest players.
Herkunft: RTEbusiness - 🏆 16. / 61 Weiterlesen »

Stock market concentration: Should a handful of Big Tech firms hold all the cards?The combined value of the world’s three biggest stocks - Apple, Microsoft, Nvidia - is almost $10tn. But is this bad?
Herkunft: IrishTimes - 🏆 3. / 98 Weiterlesen »

Nvidia’s surge masks narrow US bull marketChip maker accounts for more than a third of the S&P 500′s year-to-date gains
Herkunft: IrishTimes - 🏆 3. / 98 Weiterlesen »