This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribewith a market cap of $3.34 trillion. The milestone comes after a remarkable 170% surge in its share price this year, and a more than nine-fold increase since the end of 2022 fueled by the boom in generative artificial intelligence.
The Federal Reserve has signaled one possible rate cut by the end of the year, while investors expect two cuts, according to the
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