Nvidia is now more valuable than Microsoft.
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🔥🎉 **Milestone Alert: Nvidia Surpasses Apple as World's Second-Most Valuable Company!** My prediction: IT’S GONNA HAPPEN! Trailing behind Microsoft! Nvidia has officially overtaken Apple to become the second-most valuable company globally, boasting a market capitalization surpassing $3 trillion! 🚀 This reminds me of the GameStop phenomenon from a few years ago, though there are significant differences and some interesting similarities worth noting. Over $3 trillion, making it the second-most valuable company globally. - **AI Leadership:** Nvidia's dominance in the AI sector has been a significant driver of its recent growth. - **Investor Confidence:** The stock's surge reflects the strong fundamentals and future potential of Nvidia's business model. Comparing to the GameStop Phenomenon: 1. **Investor Base:** - **Nvidia:** Institutional investors, large funds, and long-term market players have driven Nvidia’s growth, betting on its strong fundamentals and future in AI. - **GameStop:** The GameStop rally was fueled by retail investors from the Reddit community r/WallStreetBets, leading a populist movement against institutional short-sellers. 2. **Market Dynamics:** - **Nvidia:** Nvidia's rise is grounded in robust business performance, technological advancements, and market leadership in AI. - **GameStop:** The GameStop surge was a short squeeze, where retail investors coordinated to buy shares, forcing short sellers to cover their positions, thus driving the stock price up dramatically in a short period. 3. **Media and Public Perception:** - **Nvidia:** Seen as a leading innovator, Nvidia’s rise has been celebrated as a natural progression of its technological leadership. - **GameStop:** The event was framed as a David vs. Goliath battle, with individual investors taking on Wall Street, symbolizing a rare victory for the "little guy" against financial giants. 4. **Outcome and Impact:** - **Nvidia:** Nvidia's ascent solidifies its position in the tech industry, with lasting implications for its business and the broader AI market. - **GameStop:** While the initial surge brought significant attention, the long-term impact included regulatory scrutiny and debates about market manipulation and the role of social media in trading. Let’s ride the wave, witnessing more groundbreaking innovations from this AI powerhouse. 🔥 #Nvidia #Apple #StockMarket #TechNews #AI #ArtificialIntelligence #Innovation #Milestone #GameStop #WallStreetBets #MarketDynamics
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Nvidia became the world’s most valuable company on Tuesday, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate artificial intelligence (AI) technology. Shares of the chipmaker climbed 3.5 per cent to $135.58, lifting its market capitalisation to $3.34tn, just days after overtaking iPhone maker Apple to become the second most valuable company. Microsoft’s stock market value was $3.32tn as its shares dipped 0.45 per cent. Apple’s stock slipped over 1 per cent, leaving its value at $3.29tn. Nvidia’s stunning surge in market value over the past year has become emblematic of a Wall Street frenzy driven by optimism about emerging AI technology. NVIDIA | #Microsoft | #AI | #Chips
Nvidia eclipses Microsoft as world’s most valuable company
https://gulfbusiness.com
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Nvidia became the world’s most valuable company after its share price climbed to an all-time high on Tuesday. The stock ended the trading day at nearly $136, up 3.5%, making it more valuable than Microsoft. It overtook Apple earlier this month. Nvidia makes computer chips needed for artificial intelligence (AI) software, and demand for its products has boosted its sales and profits over the last few years. Many investors believe its earnings can grow even more, which has caused its share price to soar, though some have questioned its sky-high valuation. We also have few funds that invested in Nvidia. If you would like to know more, you can DM or whatsapp me https://lnkd.in/gidGcHhi https://lnkd.in/dSG9dSn7
Nvidia beats Microsoft to become world's most valuable company
bbc.com
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Nvidia eclipses Microsoft as world's most valuable company Nvidia (NVDA.O) became the world's most valuable company on Tuesday, dethroning tech heavyweight Microsoft (MSFT.O) as its high-end processors play a central role in a scramble to dominate artificial intelligence technology. Shares of the chipmaker climbed 3.5% to $135.58, lifting its market capitalization to $3.335 trillion, just days after overtaking iPhone maker Apple (AAPL.O) to become the second most valuable company. Microsoft's stock market value was $3.317 trillion as its shares dipped 0.45%. Apple's stock slipped over 1%, leaving its value at $3.286 trillion. Nvidia's stunning surge in market value over the past year has become emblematic of a Wall Street frenzy driven by optimism about emerging AI technology. While Nvidia's rally has lifted the S&P 500 (.SPX) and Nasdaq (.IXIC) to record highs, some investors worry that unbridled optimism about AI could evaporate if signs emerge of a slowdown in spending on the technology. "It's Nvidia's market; we're all just trading in it," said Steve Sosnick, chief market strategist at Interactive Brokers. Nvidia has also become by far the most traded company on Wall Street, with daily turnover recently averaging $50 billion, compared to around $10 billion each for Apple, Microsoft and Tesla (TSLA.O), according to LSEG data. The chipmaker now accounts for about 16% of all trading in S&P 500 companies. Nvidia's stock has nearly tripled so far this year, compared with a rise of about 19% in Microsoft shares, with demand for its top-of-the-line processors outpacing supply. Tech giants Microsoft, Meta Platforms (META.O) and Google-owner Alphabet (GOOGL.O) are competing to build out their AI computing capabilities and add the technology to their products and services. An insatiable appetite for Nvidia's AI processors, viewed as far superior to competitors' offerings, has left them in tight supply, and many investors view Nvidia as the greatest winner to date from surging AI development. "Nvidia has been getting a lot of positive attention and has been doing a lot of things very correctly, but a small misstep is likely to cause a major correction in the stock, and investors should be careful," said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. Tuesday's gain lifted Nvidia's stock to a record high and added over $110 billion to its market capitalization, equivalent to the entire value of Lockheed Martin (LMT.N). The company's market value expanded from $1 trillion to $2 trillion in just nine months in February, while taking just over three months to hit $3 trillion in June. Source: https://lnkd.in/gYb6jZuC #TechnologyUpdates #FinanceInsights #FinanceNews
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Nvidia has surpassed tech giants Apple and Microsoft to become the world’s most valuable company, marking a significant milestone driven by an unprecedented surge in its shares. On Tuesday, Nvidia's stock climbed by approximately 3.5%, propelling its market value to around $3.34 trillion. This leap positions Nvidia ahead of Microsoft and Apple, who had been competing for the top spot recently. The dramatic rise in Nvidia’s market value is largely due to the soaring demand for its AI-optimized chips. This achievement underscores the growing importance of AI technology in today's market. #Nvidia #AI #TechNews #MarketValue #Innovation https://lnkd.in/e8N_exqW
Nvidia surpasses Microsoft, Apple to become world’s most valuable company
indiatoday.in
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Nvidia Briefly Overtook Microsoft As World's Most Valuable Company Last Week, But Since Then Jensen Huang-Led AI Stalwart Has Lost Nearly $500B Investor Money: Here's What Happened https://ift.tt/QNfOZHs Nvidia briefly surpassed Microsoft as world's most valuable company, but saw a $500 billion loss due to skittish investors and competition in AI chip market. read more via Benzinga - Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals https://ift.tt/8n1ib4G June 27, 2024 at 10:03AM
Nvidia Briefly Overtook Microsoft As World's Most Valuable Company Last Week, But Since Then Jensen Huang-Led AI Stalwart Has Lost Nearly $500B Investor Money: Here's What Happened https://ift.tt/QNfOZHs Nvidia briefly surpassed Microsoft as world's most valuable company, but saw a $500 billion loss due to skittish investors and competition in AI chip market. read more via Benzinga - Stoc...
benzinga.com
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"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 came amid a broader gain in tech stocks, with softer US economic data and a decline in Treasury yields boosting markets on hopes the Federal Reserve may cut rates as early as July. Nvidia has been the poster child for investor enthusiasm in AI, which accelerated with OpenAI's release of ChatGPT in late 2022." #nvidia #apple #ai #chatgpt #chips #finance #equipmentfinance #equipmentleasing #financialservices #corporatefinance #manufacturing https://lnkd.in/dSjMDu4Y
Nvidia closes above $3 trillion for first time, overtakes Apple as second-largest co. in US market
finance.yahoo.com
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Semiconductor behemoth #Nvidia Corp has leapfrogged Microsoft Ltd to become the world's most valuable public company. As of Tuesday, Nvidia's market capitalisation soared to $3.34 trillion, overtaking Microsoft's $3.32 trillion – a historic achievement for Nvidia, which crossed the $3 trillion threshold earlier this month. Nvidia's shares have surged more than ninefold since the end of 2022, largely driven by the company's pivotal role in the burgeoning field of generative artificial intelligence (AI). The stock is up more than 170% this year alone, bolstered by strong first-quarter earnings reported in May. Nvidia now commands around 80% of the AI chip market for data centres, with revenue from this segment climbing 427% year-on-year to $22.6 billion, accounting for 86% of its total sales. More at #Proactive #ProactiveInvestors #TechBytes #InformationTechnology #MegaCaps http://ow.ly/43sk105xmPz
Tech Bytes: Nvidia surpasses Microsoft as world's most valuable company
proactiveinvestors.com.au
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Nvidia's valuation does not correspond with its uncertain AI future https://ift.tt/KvY80fR The fluctuations in profit growth projections provide a sobering assessment of the future prospects of the stock market darling. Nvidia is undoubtedly a fantastic company, but is it also a wise investment? Occasionally, a firm emerges that is so powerful and expanding so rapidly that it seems to be the only stock that matters. Naturally, I'm talking about Nvidia Corp., the massive chip manufacturer that powers artificial intelligence. With Microsoft Corp. and Apple Inc. as two of the biggest companies in the world, their stock has increased by 4,000% in the last five years. Nvidia is deserving of all the praise. About 90% of the market is made up of its AI chips. With $80 billion in sales, it has the largest profit margin of any company with similar profitability in the S&P 500 Index, at 57%. Over the last five years, it has increased revenues at the fastest pace among S&P 500 firms, at 64% annually. Nvidia is undoubtedly a fantastic company, but is it also a wise investment? One must also take valuation—often the opposite of profitability—into account in order to respond to that issue. Businesses that are successful and expand quickly often fetch a higher price, and Nvidia is no exception. Its value, at 76 times one-year trailing operating profits, is twice as pricey as Microsoft and Apple and more than three times that of the S&P 500. Without a question, investors would argue that their bets are on Nvidia's future rather than its history and that the company's present price is justified by expected growth. The "long-term" profits growth predictions that experts project for firms throughout the course of their next business cycle, often spanning three to five years, are compiled by Bloomberg, which is a helpful resource. Consensus long-term growth rate for Nvidia is 43% annually, multiple times higher than Microsoft and Apple's and among the top for S&P 500 businesses. Based on that trajectory, Nvidia's operating profits per share, which are now $19, should reach $80 in four years, meaning that the long-term price/earnings ratio, let's call it, will be 18. When ranked from highest to lowest among S&P 500 firms using that metric, Nvidia's long-term P/E ratio comes in at 116, almost exactly matching that of Apple and Microsoft. Put another way, even taking into consideration Nvidia's stronger projected growth, the price is comparable to that of the other industry heavyweights. There's only one catch: analysts' profit estimates are more uncertain the farther ahead they attempt to estimate, and some firms are more dubious than others. Both Apple and Microsoft are established companies that profit from a client base that almost everyone with a screen has. Conversely, Nvidia caters to a relatively younger, but potentially more lucrative, AI-focused sector, the future of which, like Nvidia's position in it, is less assured. As a result, one would a...
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