Nvidia reaches unprecedented  trillion market cap

Nvidia reaches unprecedented $4 trillion market cap

Nvidia has become the first public company in the world to reach a US$4 trillion market capitalisation, 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 $164 on Wednesday, a direct result of the ongoing surge in demand for artificial intelligence (AI)…

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Nvidia hits  trillion milestone in world first

Nvidia hits $4 trillion milestone in world first

Nvidia headquarters, Santa Clara, California. Nvidia has reached the $4 trillion market capitalisation milestone, becoming the first company in the world to do so, as it outpaces the rest of the “Magnificent Seven” technology companies. The rise in the chipmaker’s share price – from $10 five years ago to more than $162 now – makes…

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Africa Needs About 1.3 Trillion USD Annually to Meet SDGs

Africa Needs About 1.3 Trillion USD Annually to Meet SDGs

Addis Ababa, — At the Fourth International Conference on Financing for Development (FfD4), African countries made a strong case for overhauling the global financial system to reflect current development realities and risks. Held in Seville, Spain, the conference ended with the adoption of a 38-page outcome document, the “Seville Commitment,” outlining voluntary steps to improve…

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