The emergence of confidence in Donald Trump’s victory in the US presidential election gave impetus to the growth of stock prices of many American companies, and Nvidia was among them. Having strengthened in price yesterday by almost two and a half percent, its shares formed a capitalization of $3.65 trillion, which no other public company in the world had previously reached.
In many ways, investor optimism is dictated by expectations of a reduction in the tax burden on American businesses and simplification of the rules for operating in the American market. At the same time, Apple’s capitalization was limited to $3.44 trillion, which allowed us to talk about increasing the gap between Nvidia and the previous leader. It was Apple that held the previous capitalization record; it was set at $3.57 trillion on October 21 of this year. Apple shares also rose in price yesterday by 2.2%, but this did not allow them to catch up with Nvidia. In total, over the past two trading sessions since Trump announced his victory in the US elections, the S&P 500 index has grown by more than 4%.
Nvidia shares have tripled in price since the beginning of the year, and in November alone they rose 12%. The company will publish its quarterly report on November 20, analysts on average expect that the company’s revenue for the period increased by more than 80% to $32.9 billion. The third largest company by capitalization remains Microsoft ($3.16 trillion), its shares rose by price by 1.25%. As a major investor in OpenAI, the company is considered a major beneficiary of the artificial intelligence boom, along with Nvidia. Apple is revealing its potential in this area much more slowly, but this does not prevent it from remaining the second largest capitalization in the world.
The Mastero brand presented under its brand Mini nettops based on Intel processors with DDR4…
Market participants are still fresh in their minds with Donald Trump’s statements about the need…
Quite influential companies have been trying to break the hegemony of x86-compatible architecture in the…
The first reviews of the compact desktop computer Apple Mac mini with M4 and M4…
BioWare warned that due to the release of Dragon Age: The Veilguard there would be…
On the eve of the start of the second season of the animated series Arcane…