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Winners with Trump: Nvidia makes history, first company to exceed $3.6 trillion market value!

byadmin
November 8, 2024

The market optimism that rose with Donald Trump’s victory in the US elections was also reflected in Nvidia shares. The company left Apple behind and reached the highest market value in world history with a market value of $3.65 trillion.

Artificial intelligence chip manufacturer Nvidia opened a new page in the technology world by increasing its stock value to a record level following the US election results.
The positive atmosphere in the markets after Donald Trump’s election victory increased Nvidia shares by 2.2 percent, making the company the first company in history to exceed $3.6 trillion.
Competing with technology giants such as Apple, Microsoft and Alphabet, Nvidia has tripled its value this year with the increasing demand for artificial intelligence technologies globally.

In the markets that were revived by Trump’s victory, the SP 500 technology index increased by more than 4 percent.

Thanks to this rally, Nvidia left Apple behind and became the world’s most valuable company. On the other hand, Microsoft reached a market value of $3.16 trillion with a 1.25 percent increase in value.

According to analysts, Nvidia may increase its revenue by more than 80 percent to $32.9 billion in its quarterly results to be announced on November 20. This growth in the company’s share value is supported by investments in artificial intelligence from Alphabet and other technology giants.
Continuing its rise in the US stock market with its innovations in the field of artificial intelligence, Nvidia has reached a level that exceeds the total value of Eli Lilly, Walmart, JPMorgan, Visa, UnitedHealth Group and Netflix. This success puts Nvidia in a strong position not only in the field of artificial intelligence, but also in the global economy.
The presidential election in the US is being closely followed due to its impact on the markets. The winner of the election was Republican Donald Trump. Markets are pricing in the Trump era. The dollar index rose nearly 2 percent to exceed 105, reaching its highest level since July. The dollar also gained more than 1 percent against the euro, sterling and Japanese yen. Stock markets started the day positively. US futures markets rose nearly 2 percent. European stock markets, which were negative after the first results, also turned positive. GRAM GOLD IS 3 THOUSAND TL UNDERGOLDGold prices, which had been rising due to uncertainty before Trump, have retreated due to both the increase in bond interest rates and the expectation that the war environment will decrease.
byadmin
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