Nvidia's stock surge sent its market cap past Microsoft's and close to a record high
Nvidia’s rising stock has pushed its market capitalization past Microsoft’s ( MSFT) again. During Wednesday morning trading, the chipmaker’s market cap reached $3.26 trillion, while Microsoft’s was $3.09 trillion. Both trailed Apple’s ( AAPL) market cap of $3.44 trillion.
Nvidia's 14% rally has made the chipmaker more valuable than Microsoft, and CEO Jensen Huang the world's 11th richest person.
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After a rally of that magnitude, investors are wondering if the stock is still a buy.
Tech megacaps, led by Nvidia ( NVDA ), pushed markets higher to recoup some of the previous session's losses, with the Nasdaq ...
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Both companies have enjoyed stunning gains in 2024 thanks to AI, but they are trading at expensive valuations.
The Roundhill Magnificent Seven ETF — which holds Big Tech stocks including Nvidia, Apple Inc., Microsoft Corp, Alphabet Inc.
Traders have flocked to Nvidia's options this year, at times making up as much as 30% of the total daily volume of the entire stock options market. Nvidia is not the first stock to have such ...
Finally, Nvidia continued to earn plaudits from Wall Street, as Cantor Fitzgerald said Nvidia's updated investor presentation ...
Nvidia designs most of the advanced chips that power artificial intelligence, and that has made it an earnings machine, producing astonishing profits that have buoyed the entire stock market.
Nvidia finds itself in a unique position among its peers. With its growth and dominant market share, the company is squarely ...
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