Nvidia becomes the fifth US-based company to hit the $1 Trillion market capitalization during trading today as the chipmaker's stock price breezed past the $400 mark for the first time.
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Nvidia's share price has jumped more than 22 percent, following the company's first quarterly financial report. The surge in price also brings the company closer to joining the Trillion dollar club.
Netflix is finally turning things around again with the company reporting a strong quarter and $7.9 billion in revenue. It has also forecasted a significant growth in subscribers in the next quarter.
Netflix confirmed it lost about a million subscribers in Q2 2022. But the streaming service also gained a million new members in the same quarter. Its share prices have jumped and so has its revenue.
Twitter is apparently in the final stage of negotiations to accept Elon Musk's takeover bid of $43 billion, causing share price to go up. The executive has pledged to take the company private.
Netflix has reported a decline in its total subscriber count for the first time since October 2011. The firm has attributed this to its exit from Russia and cancellations due to price hikes.
After the ban of President Donald Trump's account, Twitter's share price fell almost 3.7% and it further fell around 10% in premarket trading today. The social media service banned Trump on Friday.
Amazon has surpassed Microsoft to become the most valuable publicly traded company. Microsoft itself took the title in late November from Apple, which now sits at distant fourth behind Alphabet.
Climbing steadily under Satya Nadella's tenure, Microsoft's investments in the enterprise have pushed its share price past the $100 mark, marking a first in the 43-year history of the company.
Analysts at investment management firm Morgan Stanley believe Microsoft may see a massive increase in its share price in coming years as a result of its investments in cloud computing and AI.
Microsoft's share price jumped in after-hours trading, following what is considered to be a positive financial report. The share price is now higher than the previous record, set back in 1999.
Microsoft's Q3 2016 earnings were disappointing according to investors and the company's stock has taken a quick dive. However, its future outlook is considered stable and encouraging.
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