The battle for market cap supremacy among the three technology giants has begun! Who will be the first to break through 4 trillion?
Analysts at Wade Bush Securities believe that Apple, Nvidia, and Microsoft are gradually breaking through the $3 trillion market cap mark and heading towards $4 trillion. The analyst believes that Apple will be the first US company to reach a $4 trillion market cap, followed by Nvidia and Microsoft.
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Nvidia 'recaptures first place'.
LSEG data shows that nvidia's market cap once reached $3.53 trillion, slightly higher than apple's $3.52 trillion, and by the end of the trading day, the market cap slightly dropped to $3.47 trillion, below apple. Year to date, nvidia's stock price has surged by almost 190%.
Nvidia's stock price is approaching historical highs, and the pressure this week may lead to it being surrounded by enemies.
Nvidia is expected to announce its performance next month, but the performance of its largest customer announced this week will set the tone for its stock price, driven by optimism about the prosperity of AI, its stock price is currently close to a historical high point.
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US stock market outlook | Super week is coming! Large technology stocks' earnings reports join hands with PCE, 'non-farm' explosive scene; Morgan Stanley: US stocks will continue to dominate the global market in the next ten years.
Royal Philips Q3 sales were below expectations, lowering full-year sales guidance, down nearly 17% pre-market; Bitcoin back above $68,000, cryptos concept stocks rose pre-market.
Will the financial reports of tech giants this week or the performance expectations set the tone for nvidia (NVDA.US)? Can investors expect any surprises one month later?
nvidia (NVDA.US) will not announce its performance until next month, but the performance of its largest customer released this week will set the tone for its stock price.
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AI ignites growth engine! Morgan Stanley predicts: US stocks will continue to dominate the global market in the next decade.
JPMorgan has released the latest chart forecast, predicting that over the next decade, US stocks will continue to dominate the global equity market, with the main driving force behind this being ai.
Nvidia Has Lots Riding on This Week Even as Earnings a Month Out
With the AI boom, the position of the HBM industry is skyrocketing.
While the AI boom has led to the prosperity of GPUs, it has also kept the heat of HBM, which plays a key role, high, becoming the emerging outbreak vent and technology giants' strategic high ground in the current AI race.
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Nvidia rose more than 1% in pre-market trading.
October 28th, Guolanghui | nvidia (NVDA.US) rose 1.17% in pre-market trading, closing at $143.2.
Buckle up! The next 10 days are crucial to the global market.
Mag7 financial report, US bond refinancing, non-farm, US election, Federal Reserve decision... These heavyweight events will be successively staged in the next 10 days, analysts warn to prepare for potential severe volatility.