Nvidia makes history, becomes first company to hit $4 trillion in market value
Nvidia's rebound from recent market jitters has been dramatic. The stock has surged roughly 74% from its April lows, a period when investor sentiment was rattled by geopolitical tensions, including a tariff dispute sparked by former US President Donald Trump.Recent optimism around potential trade agreements has since helped buoy the broader market, pushing the S&P 500 index to fresh all-time highs.Within the S&P 500, Nvidia now commands the largest single-stock weighting at 7.3%, ahead of Apple and Microsoft, which carry weights of around 7% and 6%, respectively.To put its size in perspective, Nvidia's market cap now exceeds the combined value of the Canadian and Mexican stock markets. It is also larger than the total market capitalisation of all publicly listed companies in the UK, according to LSEG data.Despite its explosive growth, Nvidia's stock is trading at a forward price-to-earnings (P/E) ratio of 32—below its three-year average of 37—suggesting that investors still see value in its shares.The company reported first-quarter revenue of $44.1 billion, up 69% year-on-year, with profits of 81 cents per share. For the second quarter, Nvidia has forecast revenue of $45 billion, plus or minus 2%. The company is scheduled to report its second-quarter results on August 27.- EndsMust Watch
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Business Standard
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Daunted by trade war, US firms in China report record-low investment plans
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Time of India
33 minutes ago
- Time of India
OpenAI CEO Sam Altman on AI replacing jobs: Agree with lots of what Nvidia's Jensen Huang has been saying…
Sam Altman, the Chief Executive Officer of OpenAI OpenAI CEO Sam Altman shared a post on microblogging platform X (formerly Twitter) stating that he agrees with lots of what Nvidia CEO Jensen Huang said about AI and jobs . He believes that jobs will be very different from what they are now, but will still be meaningful. 'Agree with lots of what Jensen has been saying about ai and jobs; there is a ton of stuff to do in the world,' Altman wrote in the post. He continued 'for sure jobs will be very different, and maybe the jobs of the future will look like playing games to us today while still being very meaningful to those people of the future. (people of the past might say that about us)'. Altman further pointed out that people will: 1) do a lot more than they could do before; ability and expectation will both go up 2) still care very much about other people and what they do by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ini Bisa Jadi Waktu Terbaik dalam 5 Tahun untuk Berdagang Emas IC Markets Pelajari Undo 3) still be very driven by creating and being useful to others Nvidia CEO 'trashes' study claiming AI makes people dumber Earlier this month, Nvidia CEO Jensen Huang dismissed a MIT research suggesting artificial intelligence diminishes cognitive abilities, arguing instead that his daily AI use has actually enhanced his thinking skills. Speaking on CNN's "Fareed Zakaria GPS" that aired on July 13, Huang said he uses AI "literally every single day" and believes his "cognitive skills are actually advancing." "I haven't looked at their research yet, but I have to admit, I'm using AI literally every single day," Huang stated during the interview. "I think my cognitive skills are actually advancing, and the reason for that is because I am not asking it to do the thinking for me." Adding to what Huang said, Altman wrote on X: 'betting against human's ability to want more stuff, find new ways to play status games, ability to find new methods for creative expression, etc is always a bad bet. maybe human money and machine money will be totally different things, who knows, but we have a LOT of main character energy'. Altman concluded his post saying 'more to come'. OnePlus Nord CE 5: You don't need to charge this phone daily AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
37 minutes ago
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iPhone 17 release date: Expected launch date, specifications, and camera upgrades
Image: MacRumors Apple 's much-anticipated iPhone 17 series is expected to make its debut in early September 2025, with new leaks pointing to a likely launch event between September 8 and 10. Bloomberg's Mark Gurman has suggested that the keynote could take place on Tuesday, September 9, or Wednesday, September 10, aligning with Apple's tradition of announcing new iPhones in the second week of September. This year's lineup is set to include the iPhone 17, iPhone 17 Air (a slimmer alternative), iPhone 17 Pro, and iPhone 17 Pro Max . With design changes, camera upgrades, and performance boosts powered by new A19 chipsets, the iPhone 17 series may mark one of the most significant updates in recent years. iPhone 17: Expected launch date and time Based on multiple credible reports, Apple will likely unveil the iPhone 17 series during a special event in the week starting Monday, September 8, 2025. While Monday is a possibility, industry insiders including Mark Gurman suggest the most probable dates are Tuesday, September 9, or Wednesday, September 10. Preorders could begin as early as Friday, September 12, with retail availability likely on Friday, September 19, following Apple's traditional release schedule. Apple iPhone 17 performance and chipset upgrades All four iPhone 17 models are expected to run on Apple's next-generation A19 chipset, built on TSMC's advanced third-generation 3nm process. The iPhone 17 Pro and Pro Max will feature the more powerful A19 Pro variant. RAM is also being bumped up: 12GB on Pro models and 8GB on base models. These upgrades aim to support future Apple Intelligence features and improve overall multitasking, efficiency, and thermal performance, especially with the rumored vapor chamber cooling system in the Pro models. iPhone 17 battery life and charging improvements While the ultra-thin iPhone 17 Air is rumored to compromise on battery capacity, Apple is reportedly working on multiple solutions, including a high-density silicon-anode battery developed by TDK. Reports suggest the Air's battery life may be "on par" with entry-level iPhones, though some leaks claim only 60 to 70 percent of users may get through a full day on a single charge. Apple may release a dedicated battery case to offset this. Meanwhile, all models are expected to feature Apple's C1 modem and support for Wi-Fi 7. Display sizes and design tweaks of Apple iPhone 17 The iPhone 17 series will largely retain the same display sizes as its predecessor, with the base and Pro models featuring a 6.1-inch and 6.3-inch screen respectively, and the Pro Max sticking to 6.9 inches. The iPhone 17 Air is expected to sport a 6.6-inch OLED display with ProMotion and Dynamic Island. Notably, the Air could be as thin as 5.5mm, making it the slimmest iPhone ever. Leaks also suggest a redesigned aluminum chassis, repositioned Apple logo, and new color options like pastel purple and sky blue. Camera upgrades in the latest iPhone 17 Apple is upgrading the front camera on all iPhone 17 models to a 24MP sensor, double the resolution of the iPhone 16's front camera. The base iPhone 17 may feature a dual rear setup (48MP wide and 12MP ultra-wide), while the iPhone 17 Pro will get a triple-lens system with a new 48MP telephoto lens offering 3.5x zoom. The Pro Max could retain its periscope-style lens. The iPhone 17 Air, due to its slim profile, will have only a single 48MP wide camera. Dual-camera video recording from both front and rear simultaneously is also reportedly coming to Pro models. iPhone 17 design and color options Alongside performance and camera enhancements, the iPhone 17 series is set to bring a fresh design language. Leaked renders show a horizontally aligned camera module on Pro models, an aluminum-glass hybrid back, and a new logo placement. Apple is also testing pastel purple and green color options for the base models, with purple said to be the frontrunner. The Pro models may launch in a soft 'sky blue' finish, continuing Apple's recent trend toward subtle yet premium color palettes. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
