Nvidia (NASDAQ: NVDA) and Apple (NASDAQ: AAPL) are the two largest companies in the world by market capitalization. While Nvidia is valued at roughly $3.38 trillion as of this writing and stands as the second-biggest business,
Nvidia (NASDAQ:NVDA) stock once again had the highest market capitalization in public markets, overtaking Apple (NASDAQ:AAPL) on Tuesday as the iPhone maker’s stock price slid, sustaining a recent decline.
Nvidia’s market valuation surpassed Apple’s on Tuesday, making it the world’s most valuable publicly traded business once more. TakeAway Points: Nvidia’s market valuation overtook Apple’s, making it the world’s most valuable publicly traded business once more.
The iPhone maker’s shares are down by more than 9% so far this year, while Nvidia’s shares are up 2%. Jefferies (JEF) analysts downgraded Apple’s rating to “Underperform” in a note ...
Here’s what you need to know about DeepSeek, the Chinese AI startup that rattled markets as its app dethroned OpenAI's as the most-downloaded free app in the U.S. on Apple.
US markets have been roiled this week by the release of DeepSeek, a low-cost Chinese artificial intelligence chatbot that threatens the dominance of Silicon Valley tech firms — but one company has emerged as the surprise winner.
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company faced another selloff Wednesday.
Intel on Thursday posted December-quarter results that beat analysts' low expectations, while its forecast for current-quarter revenue missed estimates as the chipmaker grapples with tepid demand for its data center chips and as investors wait for a new CEO.
Not unlike many other tech peers, Apple stock is trading at historically high valuations. Shares of Apple are trading at 31.4 times earnings expected over the next 12 months. That’s more than their five-year average of 26.
Chinese startup DeepSeek’s eponymous AI assistant rocketed to the top of Apple Inc.’s iPhone download charts, stirring doubts in Silicon Valley about the strength of America’s lead in AI. Most Read from BloombergWhat Happened to Hanging Out on the Street?
Released last week, the DeepSeek app raced to the top of Apple’s App Store charts in multiple countries, including the US. People using the app have noted that the genAI tool can match or beat other similar models in performance.
The Chinese app went viral over the weekend for its lightning fast and sharp reasoning capabilities.