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Cash funds received the highest inflows last week, totaling $38.7 billion, with a potential annual inflow of $1.4 trillion, a record year. Nvidia's revenue from compute and networking surged to over $47 billion in FY 2024, marking a 1,345% increase over four years. Dell's upbeat forecast, driven by AI adoption, led to a 30% stock increase, pushing Michael Dell's fortune over $100 billion. Nvidia closed above $2 trillion market cap, becoming the 3rd most valuable company. Both Nvidia and Dell experienced significant stock surges due to AI-related developments.
Incredible gain in market share by $NVDA: https://t.co/XEvmeUxhgS
StockWatch: Nvidia Shares Leap Again after Reporting Record Revenues Nvidia finished the fourth quarter of its 2024 fiscal year with record-high revenues and quarterly earnings that beat analyst expectations. Learn more: https://t.co/MTGthQSGwI https://t.co/A6N0Bd4NQP
.@Nvidia's revenue from compute and networking, which includes #AI systems and #HPC, has skyrocketed 1,345% over the past four years to more than $47 billion in the 2024 fiscal year https://t.co/vnKTkUVyCq https://t.co/7fe59bCPRz