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Economic Times
4 days ago
- Business
- Economic Times
Nvidia's $4 trillion milestone caps rise of stock market behemoth
Agencies Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel NEW YORK -The stunning rise of Nvidia Corp to become the first publicly traded company valued at $4 trillion underscores the massive importance to the stock market of the AI chipmaker and the technology sector Reaching the lofty milestone caps a massive run for Nvidia's stock price, which has soared some 1,350% since October 2022. This year, the chipmaker's shares are up about 22% against a 6% rise for the S&P company's market value hit $4 trillion in morning trading on Wednesday, about 13 months after it had first reached the $3 trillion stock surge has given it significant weight in key equity indexes and ETFs that are more heavily influenced by companies with the biggest market around 7.5%, Nvidia has the biggest weight in the S&P 500, which is widely viewed by investors as the benchmark for the U.S. stock market. The stock has an even greater presence in more tech-heavy measures, such as the popular Invesco QQQ Trust ETF and the Philadelphia SE Semiconductor influence is less significant in the Dow Jones Industrial Average, which is weighted by stock prices as opposed to market may soon have company in the exclusive $4 trillion club. Microsoft's market value was hovering around $3.7 trillion on Wednesday. Apple ranks third at about $3.1 massive market values also illustrate the hefty influence of tech and tech-related companies. The top seven S&P 500 weights, which also include Alphabet, Meta Platforms and Broadcom, comprise about one-third of the gains also point to the increasing presence of the overall technology sector, which is by far the largest sector in the S&P tech sector's market value has grown to one-third of S&P 500 market value, nearly reaching the proportion that the sector hit during the height of the dot com bubble in tech stocks that have performed well in 2025 include Microsoft, up about 19% this year, Oracle, up 40%, and Palantir, up 88%.
Time of India
4 days ago
- Business
- Time of India
Nvidia's $4 trillion milestone caps rise of stock market behemoth
Other tech stocks that have performed well in 2025 include Microsoft, up about 19% this year, Oracle, up 40%, and Palantir, up 88%. Reaching the lofty milestone caps a massive run for Nvidia's stock price, which has soared some 1,350% since October 2022. This year, the chipmaker's shares are up about 22% against a 6% rise for the S&P 500. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads NEW YORK -The stunning rise of Nvidia Corp to become the first publicly traded company valued at $4 trillion underscores the massive importance to the stock market of the AI chipmaker and the technology sector Reaching the lofty milestone caps a massive run for Nvidia's stock price, which has soared some 1,350% since October 2022. This year, the chipmaker's shares are up about 22% against a 6% rise for the S&P company's market value hit $4 trillion in morning trading on Wednesday, about 13 months after it had first reached the $3 trillion stock surge has given it significant weight in key equity indexes and ETFs that are more heavily influenced by companies with the biggest market around 7.5%, Nvidia has the biggest weight in the S&P 500, which is widely viewed by investors as the benchmark for the U.S. stock market. The stock has an even greater presence in more tech-heavy measures, such as the popular Invesco QQQ Trust ETF and the Philadelphia SE Semiconductor influence is less significant in the Dow Jones Industrial Average, which is weighted by stock prices as opposed to market may soon have company in the exclusive $4 trillion club. Microsoft's market value was hovering around $3.7 trillion on Wednesday. Apple ranks third at about $3.1 massive market values also illustrate the hefty influence of tech and tech-related companies. The top seven S&P 500 weights, which also include Alphabet, Meta Platforms and Broadcom, comprise about one-third of the gains also point to the increasing presence of the overall technology sector, which is by far the largest sector in the S&P tech sector's market value has grown to one-third of S&P 500 market value, nearly reaching the proportion that the sector hit during the height of the dot com bubble in tech stocks that have performed well in 2025 include Microsoft, up about 19% this year, Oracle, up 40%, and Palantir, up 88%.
The Star
4 days ago
- Business
- The Star
Nvidia's $4 trillion milestone caps rise of stock market behemoth
FILE PHOTO: The NVIDIA logo is displayed on a building in Taipei, Taiwan April 16, 2025. REUTERS/Ann Wang/ File Photo NEW YORK (Reuters) -The stunning rise of Nvidia Corp to become the first publicly traded company valued at $4 trillion underscores the massive importance to the stock market of the AI chipmaker and the technology sector. Reaching the lofty milestone caps a massive run for Nvidia's stock price, which has soared some 1,350% since October 2022. This year, the chipmaker's shares are up about 22% against a 6% rise for the S&P 500. The company's market value hit $4 trillion in morning trading on Wednesday, about 13 months after it had first reached the $3 trillion milestone. Nvidia's stock surge has given it significant weight in key equity indexes and ETFs that are more heavily influenced by companies with the biggest market values. At around 7.5%, Nvidia has the biggest weight in the S&P 500, which is widely viewed by investors as the benchmark for the U.S. stock market. The stock has an even greater presence in more tech-heavy measures, such as the popular Invesco QQQ Trust ETF and the Philadelphia SE Semiconductor Index. Its influence is less significant in the Dow Jones Industrial Average, which is weighted by stock prices as opposed to market values. Nvidia may soon have company in the exclusive $4 trillion club. Microsoft's market value was hovering around $3.7 trillion on Wednesday. Apple ranks third at about $3.1 trillion. Their massive market values also illustrate the hefty influence of tech and tech-related companies. The top seven S&P 500 weights, which also include Alphabet, Meta Platforms and Broadcom, comprise about one-third of the index. Nvidia's gains also point to the increasing presence of the overall technology sector, which is by far the largest sector in the S&P 500. The tech sector's market value has grown to one-third of S&P 500 market value, nearly reaching the proportion that the sector hit during the height of the dot com bubble in 2000. Other tech stocks that have performed well in 2025 include Microsoft, up about 19% this year, Oracle, up 40%, and Palantir, up 88%. (Reporting by Lewis Krauskopf; Editing by Megan Davies and Bill Berkrot)
Globe and Mail
10-04-2025
- Business
- Globe and Mail
White House Is Reviewing 15 Trade Deals, According to NEC Director Hassett
White House officials are currently reviewing trade proposals from about 15 different countries, and they are close to finalizing agreements with some of them, according to National Economic Council Director Kevin Hassett. His comments came just one day after President Trump unexpectedly paused reciprocal tariffs for 90 days on over 75 countries while raising tariffs on Chinese goods. Hassett said several deals had already been in progress before Trump's announcement and are now close to being completed, though he didn't name any specific nations. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Hassett told CNBC that 'there's a big inventory of deals' close to being finalized. Later, he told reporters that the U.S. Trade Representative's office is analyzing the offers to determine if they're strong enough to bring to the president for approval. A high-level meeting was scheduled for Thursday to decide how to move forward on the proposals. These potential trade agreements are part of the administration's effort to manage the fallout from the recent wave of tariffs. Interestingly, according to a report by The Wall Street Journal, President Trump has privately admitted that his trade strategy might lead to a recession. However, he is focused on avoiding a full-blown depression. The comment shows that the administration does have some concerns about the economic impact of the growing trade tensions. While the 90-day pause has helped calm some market fears, the long-term effects of the tariff policy remain uncertain as negotiations continue behind the scenes. Is QQQ a Buy or Sell? Turning to Wall Street, analysts have a Moderate Buy consensus rating on the Nasdaq 100-tracking Invesco QQQ Trust ETF (QQQ) based on 90 Buys, 12 Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average QQQ price target of $530.85 per share implies 22.14% upside potential. See QQQ's holdings Disclaimer & Disclosure Report an Issue
Globe and Mail
17-03-2025
- Business
- Globe and Mail
AMZN and NVDA: 2 Stocks in QQQ ETF with More Than 30% Upside Potential
The Invesco QQQ Trust ETF (QQQ) tracks the Nasdaq-100 index (NDX) and provides access to the performance of the 100 largest non-financial companies listed on the index. The QQQ ETF (Exchange-Traded Fund) offers exposure to companies that are focused on transformative, long-term growth themes such as augmented reality, cloud computing, big data, mobile payments, streaming services, and electric vehicles. Here, we will discuss Amazon (AMZN) and Nvidia (NVDA) stocks, two of the top holdings of the QQQ ETF, having more than 30% upside potential, according to Wall Street analysts. Light Up your Portfolio with Spark: Easily identify stocks' risks and opportunities. Discover stocks' market position with detailed competitor analyses. Interestingly, QQQ ETF has a Moderate Buy consensus rating based on analysts' recommendations on the 102 holdings in the fund. The average QQQ ETF price target of $604.13 implies 25.1% upside potential. Let's discuss two of the top picks of the QQQ ETF with attractive upside potential. (NASDAQ:AMZN) E-commerce and cloud computing giant is the fourth-largest holding of the QQQ ETF, accounting for 5.7% of the overall portfolio. AMZN stock has declined about 10% so far this year due to the ongoing tariff wars, macro uncertainties, and intense competition in the AI (artificial intelligence) space. However, with the exception of one, all analysts covering Amazon stock are confident about the company's long-term growth potential due to its e-commerce dominance, growing advertising revenues, and substantial AI-related growth prospects in the cloud computing AWS (Amazon Web Services) unit. Recently, Citi analyst Ronald Josey reaffirmed a Buy rating on Amazon stock with a price target of $273. The five-star analyst believes that with the launch of Alexa+ AI Assistant, the company can significantly accelerate the adoption of GenAI Agentic use cases, making Amazon a leader in this space due to the inclusion of this offering as part of Prime and Alexa's nearly 76 million device users in the U.S. Despite the ongoing challenges, AMZN stock remains a top pick for Josey. Is AMZN Stock a Good Buy? Wall Street has a Strong Buy consensus rating on Amazon stock based on 46 Buys versus just one Hold rating. The average AMZN stock price target of $270.33 implies nearly 37% upside potential. See more AMZN analyst ratings Nvidia (NASDAQ:NVDA) Nvidia stock is the second-largest holding of the QQQ ETF, comprising 8.2% of the overall portfolio. The semiconductor giant has seen a massive jump in its revenue and earnings due to the demand for its advanced GPUs (graphic processing units) that are required to support AI workloads. NVDA stock has declined more than 9% year to date due to tariff wars, chip export restrictions, and concerns about a slowdown amid rising competition in the AI chips market. That said, most Wall Street analysts believe that the company is well-positioned to capture the massive demand for advanced AI chips. They are confident about Nvidia boosting its revenue through its Blackwell platform and continued innovation. Recently, Mizuho analyst Vijay Rakesh reiterated a Buy rating on Nvidia stock but lowered the price target to $168 from $175 to reflect multiple compression in the AI space due to concerns over slowing growth. Nevertheless, the 4.4-rated analyst continues to see NVDA as a dominant player, backed by its superior hardware and software stack, as the company ramps up its Blackwell offering and maintains leadership with its CUDA software platform. What Is the Prediction for Nvidia Stock? With 39 Buys and three Holds, NVDA stock scores a Strong Buy consensus rating on TipRanks. The average NVDA stock price target of $177.23 implies about 46% upside potential from current levels. See more NVDA analyst ratings Disclosure
