Nvidia Becomes World’s Most Valuable Public Company

News Snapshot:

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...