Nvidia Sets $277 Billion Record For Single-Day Market Cap Gain

Why has Nvidia driven stock markets to record highs?

Nvidia posted $22.10 billion in revenue for its fiscal fourth quarter, a 265% increase from a year ago.

Nvidia smashes earnings (again), and sets full-year revenue record. Nvidia’s market capitalization crossed the $2 trillion mark during trading Friday but fell short of closing at the level.

Just three weeks after Meta (META) established the new record for single-day market cap gain, Nvidia (NVDA) shattered the short-lived record by $277 billion during Thursday’s trading session.

Source: Yahoo Finance

Following an earlier increase during the day, Nvidia's shares concluded Friday with a modest gain of less than 1%, closing at $788.17 per share. The previous day, Thursday, witnessed a more substantial rise, with Nvidia's stock closing up by 16%.

Following an earlier increase during the day, Nvidia's shares concluded Friday with a modest gain of less than 1%, closing at $788.17 per share. The previous day, Thursday, witnessed a more substantial rise, with Nvidia's stock closing up by 16%.

Source: Yahoo Finance

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