Tag Archives: market value

In a significant milestone, Nvidia has overtaken Apple in market capitalization, solidifying its position as the second-most valuable public company in the United States, trailing only behind Microsoft. The surge in Nvidia's market value pushed it past Apple, with Nvidia closing at a market cap of $3.019 trillion compared to Apple's $2.99 trillion at market close.

Google's parent company Alphabet experienced a significant dip in market value, with reports indicating a staggering loss of approximately $90 billion on Monday, February 26. This plunge comes amidst a storm of controversy surrounding Gemini, the company's generative artificial intelligence product. Shares of Alphabet plummeted by 4.5% to $138.75, marking its lowest price since January 5 and its second-largest daily loss in the past year, as reported by Forbes.

The Adani Group has alleged that foreign entities, short-sellers, and certain sections of the media, both domestic and international, are launching attacks to undermine the group's market value. They claim these entities are executing a well-coordinated campaign, including strategically timed media reports, and recently cited a Financial Times story as an example.