Not even a week......just 3 days nvda has added over $170,000,000,000 in market capitalization!! They added an entire Caterpillar in just 72 hrs!!!!!!
Based on the new trajectory it looks like it will be the most valuable planet on earth At the the rate it's moving it will be a 3 trillion dollar company in just a month. By mid April. And by year end it will be worth 8 trillion dollars......now let's be real here, I don't care how perfect your earnings are, no company is worth 8 trillion dollars!!
I just love this game..... From yesterday's close to not even this mornings open. Nvda has added an entire Kimberly Clark in market cap.... $40 billion in only hours And I'm sure by the close it will have added an entire fed ex!!!!
In 1 single week nvda has added 1/3 of a trillion dollars...over 300 billion in market cap.... At this Rate it will be an 8 trillion dollar company by end of 2024! 8 trillion. No earnings in the world can justify such a market capitalization.....
76 billion in market capitalization added since the close this afternoon.... 76 billion!!! Remember this one company will have a 6 to 8 trillion dollar market capitalization in the months ahead. Will be the most valuable company on earth .... Just to put this into perspective.... US gdp is around 27 trillion dollars... So that means nvda will have a near 30% market cap to gdp of the US.... Yepppp.....
$1 trillion in market capitalization added in 9 weeks!!!! I think if I can recall no company has ever added a trillion in market cap in only 9 weeks time! Nvidia shares rose more than 4% on Thursday, bringing its market capitalization to more than $2.28 trillion, an increase of over $1 trillion from its value at the beginning of the year. https://www.investopedia.com/nvidia...nearly-double-tesla-entire-market-cap-8605940
nvda hasnt done this in over 20 years!!! Nvidia Stock Nvidia popped 4.5% to 926.69 on Thursday (3/7/24) after Mizuho raised its price target to 1,000. Shares are up 12.6% so far this week. That would be the biggest gain in a nine-week win streak starting in early January. The AI chip leader is up 86.9% in 2024. It now boasts a $2.32 trillion valuation. Nvidia stock is now 41.9% above its 50-day. That's more extended than it got during its 2023 run or the Covid rally. In fact, it's the most extended from the 50-day line at the close since June 2003. That raises the risk of a significant pullback or correction. That would likely trigger sharp losses in a variety of chip stocks and other AI plays, and perhaps the broader market. However, a pullback isn't inevitable. On May 30, 2023, NVDA stock closed 40.4% above its 50-day line, following a huge earnings gap-up. Shares did keep advancing at a slower pace for the next few months before consolidating for the rest of the year. https://www.investors.com/market-tr...es-sp-500-hits-high-jobs-report-nvidia-stock/