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DeepNewz, mobile.
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Nvidia's stock surged after reporting record revenues for the fourth quarter of its 2024 fiscal year, exceeding analyst expectations. The company's revenue from compute and networking, including AI systems and HPC, soared by 1,345% over four years to over $47 billion. Nvidia's market valuation hit $2 trillion, surpassing Aramco as the third most valuable company. The AI sector's growth drove US stock markets to close at record highs, with tech stocks benefiting from the AI surge.
$nflx $meta run ups $tsla fall and bounce up https://t.co/n9sMFBuaKI
Wall Street's exuberance over #AI shows no signs of slowing anytime soon, with tech stocks and AI names helping to drive a string of all-time highs for the S&P 500 so far this year. #artificialintelligence #stocktrading $BOTZ $ARKK $MSFT $AI $NVDA $TSLA https://t.co/4onv1ySOJk
Nvidia now worth more than all of these combined 😳 AT&T, Boeing, Coca-Cola, Disney, FedEx, General Motors, IBM, McDonald’s, Nike, Starbucks, UPS, and Walmart