Apple topped US$4-trillion in market value for the first time on Tuesday, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race. The stock was last up 0.2% at $269.20 in early trading, hitting an all-time high. Apple’s…
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…
