Nvidia, Market Cap
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US stock futures were steady after another milestone moment from Nvidia (NVDA) helped push the S&P 500 and Nasdaq to new highs. Renewed investor enthusiasm has been felt in the market's standouts, most prominently AI giant Nvidia,
Nvidia ( NVDA 1.80%) remains one of the best artificial intelligence (AI) stocks on the market. But with the chipmaker now trading at a price-to-sales multiple of 26.4, many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably priced.
NVIDIA’s market value broke a record on Wednesday after dipping in spring amid political uncertainty and chip restrictions.
Nvidia stock has surged 51%, making it the first publicly traded company to briefly surpass a staggering $4 trillion market cap.
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Nvidia reached another milestone in its rise to becoming one of the world's most important companies: the first publicly traded company to reach a market value of $4 trillion.
Interactive Brokers chief strategist Steve Sosnick characterized the current market as a combination of momentum and fear of missing out (or FOMO), as Nvidia (NVDA) reached a significant milestone while the Nasdaq Composite (COMP:IND) hit record highs.
Nvidia has rebounded about 74% from its lows in April, when global markets were jolted from U.S. President Donald Trump's tariff volley.