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.

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