Most of the world’s top corporations have simple names. Steve Jobs named Apple while on a fruitarian diet, and found the name “fun, spirited and not intimidating.” Plus, it came before Atari in the phonebook. Microsoft is an amalgamation of the words “microcomputer” and “software,” while Walmart a combination of the last name of the […]
(Bloomberg) — A dealership in Phoenix is handwriting paper contracts and gauging creditworthiness with guesswork. A Jeep owner in Alabama keeps calling about when a replacement part will be in stock. A family in New Jersey is waiting for word on when they can take delivery of their new Audi. Most Read from Bloomberg Such […]
“The times they are a-changin’,” as Bob Dylan once sang. Once upon a time, it was industrial and oil businesses that topped the list of the world’s most valuable companies, but over the past 20 years, there’s been a paradigm shift at the top. For example, General Electric and ExxonMobil were the largest companies in the […]
There are currently only three S&P 500 stocks in the $3 trillion club: Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and Apple (NASDAQ: AAPL). All three are valued right around $3.3 trillion. With a market cap of just under $2.2 trillion, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) looks like the best candidate to join this exclusive club. […]
Nvidia (NASDAQ: NVDA) made history on Tuesday, sailing past Microsoft to become the world’s most valuable company, with a market cap of $3.335 trillion. The stock has been on a meteoric rise over the past 18 months, soaring 8,280% since the start of 2023 (as of this writing). Nvidia has been riding the wave of […]
(Bloomberg) — The bullish chorus on Taiwan Semiconductor Manufacturing Co. is growing even louder as a stock rally puts its market capitalization closer to the $1 trillion milestone. Most Read from Bloomberg A flurry of Wall Street brokerages have lifted their price targets for TSMC this week, citing surging AI-related demand and potential price hikes […]
– Getty Images The first company to reach a $4 trillion stock market valuation may not even be on your radar screen now. While almost everyone expects one of the three largest U.S. companies — Microsoft MSFT, Apple AAPL and Nvidia NVDA as of June 14 — to be the first to hit that milestone, […]
(Bloomberg) — Shares of Nvidia Corp. surged more than 200% over the past year and one of its most bullish analysts is projecting that the semiconductor giant will extend its rally, pushing its market value to nearly $5 trillion in the coming year. Most Read from Bloomberg Rosenblatt Securities analyst Hans Mosesmann on Tuesday hiked […]
Jensen Huang is known in Silicon Valley for his meticulous attention to detail, despite tech giant Nvidia growing to a market cap of more than $3 trillion. But it was a chance encounter with a Japanese gardener that helped the CEO realize he has the time to be a perfectionist, instead of racing to the […]
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Take a look at a list of the largest companies in the world based on market cap, and you might notice a common thread for most of them: The biggest members of the group have bet heavily on artificial intelligence (AI). And those bets seem to be paying off. Currently, six AI stocks are worth […]
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