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Broader Gains Expected as Earnings Season Continues on Wall Street: Alphabet, Microsoft, and Southwest Airlines to Report Quarterly Earnings /
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2024-06-19 09:21:04

Broader Gains Expected as Earnings Season Continues on Wall Street: Alphabet, Microsoft, and Southwest Airlines to Report Quarterly Earnings on Nostr: Nvidia Becomes the World's Most Valuable Company Amid AI Boom =============== ...

Nvidia Becomes the World's Most Valuable Company Amid AI Boom
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#b0c92d6c ver:0.54

Nvidia surpasses Microsoft and Apple to become the world's most valuable company with a market cap of $3.34 trillion. The surge in value is driven by AI optimism and expectations of interest rate cuts. Nvidia's stock is up 174% this year, and its chips are helping develop AI. However, the dominance of a few superstars in the stock market can make it fragile. The Federal Reserve may cut rates to control inflation. Retail sales data raises concerns about the US economy. Nvidia's rise coincides with the surge in demand for computer chips for AI systems. #Nvidia #AI #stockmarket #technology...

#newstr #Nvidia #Microsoft #MarketCap #AiChipMarket #S&p500 #RetailSales #UsEconomy #TaiwanWeightedIndex #FederalReserve #RateCut

https://here.news/story/b0c92d6c?ver=0.54
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