Trillion
As Nvidia’s market cap hits $5 trillion, these other tech giants are nearing trillion-dollar milestones of their own
[ad_1] Today, Nvidia Corporation (Nasdaq: NVDA) became the first company to cross the $5 trillion valuation—in premarket trading, at least. It marks a major milestone in stock market history and...
Nvidia storms past US$5 trillion valuation as AI boom powers meteoric rise
[ad_1] The milestone underscores the company’s transformation from a niche graphics-chip designer into the backbone of the global AI industry[NEW YORK] Nvidia made history on Wednesday (Oct 29) as the...
Apple races past US$4 trillion market value as latest models revitalise iPhone sales
[ad_1] [CALIFORNIA] Apple topped US$4 trillion in market value for the first time on Tuesday (Oct 28), the third Big Tech company to hit the milestone, as robust demand for...
US bank reserves fall second week, extend drop below US$3 trillion
[ad_1] The drop comes as the Treasury has ramped up debt issuance to rebuild its cash balance following the increase in the debt ceiling in July[NEW YORK] The US banking...
U.S. national debt skyrockets past $38 trillion, the Treasury Department reports
[ad_1] In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed $38 trillion Wednesday, a record number that highlights the accelerating accumulation of debt on...
Musk hijacks Tesla earnings call to pitch US$1 trillion pay plan
[ad_1] [AUSTIN, Texas] Elon Musk, the world’s richest person, spent the end of Tesla’s earnings call pleading with investors to ratify his upcoming US$1 trillion pay package and blasting the...
Sovereign wealth funds, including Singapore’s GIC, drive biggest deals in US$3.5 trillion M&A year
[ad_1] Rainmakers at the top investment banks say they expect the flurry of takeovers to continue[LONDON] Deep-pocketed sovereign wealth funds are helping drive a resurgence in dealmaking that’s taken global...
Sea CEO Forrest Li sees path to US$1 trillion market cap with help of AI
[ad_1] But the company is battling deep-pocketed global challengers, including TikTok Shop and LazadaSEA founder Forrest Li told employees that a trillion-dollar market capitalisation – an increase of about 10...
Indonesia president says 40 trillion rupiah lost to illegal tin mining every year
[ad_1] INDONESIA is losing about 40 trillion rupiah (S$3.1 billion) annually to illegal tin mining and smuggling, said President Prabowo Subianto on Monday (Oct 20).The Indonesian leader ordered authorities to...
Samsung Electronics family to sell 1.7 trillion won stake amid share rally
[ad_1] The company has secured supply deals with other major customers and expectations have risen that the company will be able to supply its latest high-bandwidth memory products to Nvidia[SEOUL]...
Paxos mistakenly issues US$300 trillion of PayPal stablecoin
[ad_1] [PORTLAND] Stablecoin issuer Paxos said that it mistakenly minted US$300 trillion of PayPal Holdings’ PYUSD stablecoin on Wednesday (Oct 15) before burning the tokens minutes later.The transactions were visible...
JPMorgan pledges US$1.5 trillion to strengthen US economic security and resilience over next decade
[ad_1] The campaign boosts capital, resources and personnel that the largest US lender commits across sectors[NEW YORK] JPMorgan Chase vowed to funnel US$1.5 trillion into industries that bolster US economic...