Nvidia (NVDA) overtook Microsoft (MSFT) on Tuesday as the most valuable company in the world just two weeks after it took the number two spot from Apple (AAPL). Nvidia’s stock price rose more than 3.5% to north of $135 per share, giving the chipmaker a market capitalization just over $3.33 trillion. With a 0.3% slide […]
Tag: overtakes
Nigel Farage’s Right-Wing Populist Party Overtakes Conservatives In More Bad News For UK Prime Minister
Nigel Farage’s right-wing populist Reform UK party has overtaken the governing Conservative Party in the run-up to next month’s general election, according to a new poll released on Thursday in more bad news for Prime Minister Rishi Sunak. The YouGov survey conducted from June 12 to 13 on a sample of 2,211 adults projects that […]
Nvidia closes above $3 trillion for first time, overtakes Apple as second-largest co. in US market
Shares of Nvidia (NVDA) climbed more 5% on Wednesday reaching a record high of $1,224.40 and giving the company a market cap above $3 trillion for the first time ever. The stock’s advance pushed Nvidia past Apple, making it the second-most-valuable company in the US stock market. Microsoft currently holds the top spot. Wednesday’s rally […]
Nvidia stock crosses $3 trillion market cap, overtakes Apple as second-largest co. in US market
Nvidia (NVDA) stock rose as much as 5% on Wednesday to reach a record high, giving the company a market cap above $3 trillion and making it the third stock to reach this milestone, joining Apple (AAPL) and Microsoft (MSFT). Wednesday’s rally also saw the company briefly overtake Apple as the second-most valuable company in […]
U.S. dampens criticism of El Salvador’s president as migration overtakes democracy concerns
SAN SALVADOR, El Salvador (AP) — In 2021, the Biden administration turned down a meeting request with El Salvador’s President Nayib Bukele on a trip to the U.S. capital, snubbing the self-proclaimed “world’s coolest dictator” for fear a photo op would embolden his attempts to expand his power base. A little more than three years […]
Huawei overtakes Samsung as world’s top 5G foldable smartphone vendor in first quarter, Counterpoint data shows
Huawei Technologies beat Samsung Electronics to become the world’s bestselling foldable smartphone brand in the first quarter, marking the first time that the US-sanctioned Chinese giant has topped that segment, according to a consultancy report. Shenzhen-based Huawei saw its foldable smartphone shipments in the first three months of the year jump 257 per cent year […]
Nvidia overtakes Qualcomm to become the biggest chip designer by revenue, which should give Jensen plenty to smile about
UNITED STATES – SEPTEMBER 13: Jensen Huang, CEO of NVIDIA, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. (Tom Williams/CQ-Roll Call, Inc via Getty Images). It may have escaped your notice, but word on the street is that Nvidia is doing rather well of late. […]
US overtakes China as Germany’s top trading partner
BERLIN (Reuters) — The United States overtook China as Germany’s most important trading partner in the first quarter of this year, according to Reuters’ calculations based on official data from the German statistics office. Germany’s trade with the United States – exports and imports combined – totalled 63 billion euros ($68 billion) from January to […]
Mark Zuckerberg overtakes Elon Musk as the world’s 3rd-richest person as their companies’ stocks go in opposite directions
"The internet is fickle,” Nierman told BI.JOSH EDELSON/Getty Images; Nathan Howard/Getty Images Mark Zuckerberg has overtaken Elon Musk as the world’s third-richest person, with a $175 billion fortune. Zuckerberg has gained $47 billion in wealth this year while Musk has lost $55 billion, according to data from Bloomberg. The shift in wealth has been driven […]
Mexico overtakes China as the leading source of goods imported by US
WASHINGTON (AP) — For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported by the United States. The shift reflects the growing tensions between Washington and Beijing as well as U.S. efforts to import from countries that are friendlier and closer to home. Figures […]
China overtakes Japan as world’s biggest vehicle exporter
China’s global dominance in electric cars helped it overtake Japan as the world’s biggest vehicle exporter last year, official data confirmed Wednesday. Japanese giants such as Toyota and Nissan have been much more cautious than their Chinese counterparts like BYD on electric vehicles (EVs), banking instead on hybrid models. Figures released Wednesday by the Japan […]
Microsoft briefly overtakes Apple as world’s most valuable company, before Apple takes back crown
Microsoft (MSFT) on Thursday briefly overtook Apple’s (AAPL) market capitalization, making it the most valuable publicly traded company in the world. The software giant took the top spot just after the start of trading, hitting north of $2.8 trillion. Apple’s market cap was also trading above $2.8 trillion, but was just behind Microsoft. The two […]