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%.
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