Microsoft is set to become the second company in the world to reach a US$4-trillion (R72-trillion) market capitalisation after reporting quarterly earnings that beat Wall Street’s expectations, sending the stock soaring in extended trading on Wednesday. Shares of the technology behemoth jumped as much as 9% to more than $560 in late New York trading,…
Nvidia notched a market capitalisation of US$4-trillion on Wednesday, making it the first public company in the world to reach the milestone and solidifying its position as one of Wall Street’s most-favoured stocks. Shares of the leading chip designer rose as much as 2.4% to US$164, benefiting from the ongoing surge in demand for artificial…
Two years after Nvidia made history by becoming the first chip maker to achieve a US$1-trillion market capitalisation, an even more remarkable milestone is within its grasp: becoming the first company to reach $4-trillion. After the emergence of China’s DeepSeek sent the stock plunging earlier this year and stoked concerns that outlays on artificial intelligence…
