Nvidia has made history as the first publicly traded company to surpass a $4 trillion market value, driven by an AI-fuelled investor boom.
Shares rose 2.5% in early trading, climbing above $164 — a stark jump from just $14 at the start of 2023.
Once valued under $600 billion two years ago, Nvidia has now eclipsed Microsoft, Apple, Amazon, and Google to become the largest company on Wall Street. Its stock now holds more influence over the S&P 500 than any company except Apple.
The explosive growth of Nvidia and other AI-focused firms has been a key factor behind the S&P 500’s recent record-setting rallies, even as inflation and U.S. trade policies under President Donald Trump raise economic concerns.
Georgia has unveiled a new funding model for public universities, highlighting the different ways higher education is financed across the South Caucas...
Hungary’s Paks nuclear power plant may continue operating at reduced capacity until Tuesday, temporarily easing pressure on the country’s electric...
Pakistan and Uzbekistan are stepping up efforts to streamline trade between South and Central Asia through a new customs partnership focused on digita...
A tourist aircraft crashed near Peru's UNESCO-listed Nazca Lines on Saturday (1 August), killing all 13 people on board, authorities said.
Iranian Foreign Ministry Spokesperson Esmaeil Baghaei has said Tehran is not currently involved in direct talks with Washington about reopening the Strait of Hormuz. U.S. President Donald Trump said negotiations with Iran were to begin on Monday.
U.S. President Donald Trump said late on Saturday he would hold off on a fresh attack on Iran as long as a deal could be reached quickly to halt Iran's nuclear ambitions and reopen the Strait of Hormuz.
Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, killing two crew members as emergency services continued efforts to contain fires fuelled by extreme heat and dry conditions across Europe.
French Prime Minister Sebastien Lecornu said wildfires that swept across France were now under control. Authorities warned that risks remained as Greece and Spain continued battling active blazes across parts of Europe.
Ford raised its full-year earnings forecast after reporting stronger-than-expected second-quarter adjusted profit, as resilient demand for its vehicles and operational improvements helped offset tariff-related costs.
SK Hynix reported record quarterly profit on Wednesday, but its shares slumped 10 per cent after the South Korean chipmaker fell short of investor expectations built around the artificial intelligence (AI) boom.
Oil prices have fallen more than six per cent as a pause in U.S.-Iran hostilities eased fears of wider supply disruption around the Gulf.
Paramount Skydance agreed to pause its acquisition of Warner Bros Discovery until after a ruling on a challenge by states to the deal, plunging the $110 billion deal into further uncertainty.
China's Foreign Ministry has said it is closely monitoring the United Kingdom's nationalisation of British Steel. Prior to the British government fully taking over the loss-making company on Thursday, it was previously owned by Chinese private steelmaker Jingye.
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