Nvidia Becomes World’s Most Valuable Public Company

On June 18th, 2024, Nvidia Corporation (NVDA) etched its name in financial history by becoming the world's most valuable company by market capitalization. This remarkable feat culminated from a meteoric rise in its stock price, which surged 3.6% that day, pushing its market cap to a staggering $3.34 billion, surpassing tech titans like Microsoft and Apple. Nvidia's Ascendancy: How the Chipmaker Became the World's Most Valuable Company This achievement marks the culmination of a phenomenal year for Nvidia. The company's stock price has witnessed a staggering 170% increase year-to-date, fueled by a robust first-quarter earnings report earlier in 2024. But…