tech stocks

Apple, Nvidia lead sell-off in tech stocks; magnificent seven set to wipe out nearly $900 bn

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Apple, Nvidia lead sell-off in tech stocks; magnificent seven set to wipe out nearly $900 bn

Apple and Nvidia led a sell-off in tech stocks on Monday on US recession worries and Berkshire Hathaway’s stake sale in the iPhone maker. The magnificent seven – Alphabet, Amazon , Meta Platforms, Microsoft, Tesla, Apple, and Nvidia fell as much as 6.5%. The losses in these seven stocks were set to wipe out nearly … Read more

Nvidia surpasses Microsoft to become world’s most valuable company

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Nvidia surpasses Microsoft to become world’s most valuable company

Nvidia share price rallied over 3% on Tuesday as the chip maker the world’s most valuable company, dethroning tech heavyweight Microsoft. Nvidia shares rose 3.5% to $135.58, lifting its market capitalization by over $110 billion to $3.335 trillion, just days after overtaking iPhone maker Apple to become the second most valuable company, Reuters reported. The … Read more