After jumping 6.75% this week, Nvidia ( NVDA 4.43%) took the baton from Apple ( AAPL 0.53%) as the world's most valuable company, with a market cap of $3.60 trillion. The switch comes partly fueled by the positive news out around the Stargate project.
Former House Speaker Nancy Pelosi disclosed several new stock trades involving Big Tech names like Nvidia, Apple, Alphabet and Amazon that occurred in the last month.
The GPU itself is a decent improvement over the RTX 4090, with more, faster memory, more cores, and a gorgeous chassis. But in terms of brute force rendering it's only incrementally faster in comparison with the performance bumps from Turing to Ampere to Ada.
Apple stock has continued to run higher while its sales and earnings growth dramatically slowed, especially in the last two years. Over the last five years, the stock price is up 262%, revenue is up just 45.9%, and diluted earnings per share (EPS) increased by 90.5%.
Putting valuations on publicly traded companies is tricky because so much is tied to stock prices -- and stock prices are influenced by many things a company can't control, such as the economy,
Pelosi's latest stock trades reveal new bullish bets on Alphabet and Amazon, while trimming Apple and Nvidia holdings
Nvidia (NASDAQ: NVDA) hasn't been on sale much during the last few years. Nvidia has been one of the largest beneficiaries of the artificial intelligence (AI) competition. Its graphics processing units (GPUs) are best-in-class products and crucial to creating these powerful AI models.
Nvidia reclaimed the top spot in global market value as surging GPU demand propelled its market cap to $3.46 trillion
Dow Jones futures rose Thursday after higher-than-expected initial unemployment claims. Nvidia stock sold off, while Tesla reversed higher.
This Fool sold Nvidia stock in 2024 but is now wondering whether to bring the leader in artificial intelligence computing back into his portfolio. The post I asked ChatGPT if I should buy Nvidia stock in 2025 and it said
The Apple, Inc. (AAPL) rally in late 2024 petered out after the stock hit an all-time high of $260.10 on Dec. 26. A negative demand outlook, particularly for its flagship iPhone device, has been blamed for the predicament.