market-capitalisation
Top StoriesGolden Goose’s Net Revenues up 12% in First Quarter
Top StoriesJust Eat Takeaway’s Q1 Orders ‘disappoint’, Shares Fall
Top StoriesLvmh Shares Rise After Luxury Giant’s Q1 Sales Offer Element of Reassurance
Top StoriesUK’s Asos Posts 18% Drop in First-Half Sales
Analysis-Spain’s Battle of the Banks as BBVA Narrows Gap to Santander
Date: March 25, 2024
Analysis-Spain’s battle of the banks as BBVA narrows gap to Santander By Jesús Aguado MADRID (Reuters) – BBVA’s share price has more than trebled since late 2020, narrowing its valuation gap to Santander and highlighting a divergence in fortunes between the Spanish banks that may be short-lived. Both trace their roots to 1857 and neighbouring...
AI Frenzy Puts Nvidia Briefly Ahead of Amazon in Market Value
Date: February 12, 2024
AI frenzy puts Nvidia briefly ahead of Amazon in market value (Reuters) -Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday, as the euphoria around artificial intelligence catapulted the chipmaker to the fourth most valuable U.S. company. At a record high of $734.96, Nvidia was worth $1.82 trillion in market value, compared to $1.81...
Microsoft Topples Apple to Become Global Market Cap Leader
Date: January 15, 2024
Microsoft topples Apple to become global market cap leader (Reuters) – Microsoft has eclipsed Apple to become the world’s largest company by market capitalization, driven by its deep focus on generative artificial intelligence (AI), a sector that has garnered increasing investor favour. The tech giant, which along with Nvidia and Amazon placed a significant emphasis...
Nvidia Shares Drop as China Worries Overshadow Stellar Forecast
Date: November 22, 2023
Nvidia shares drop as China worries overshadow stellar forecast By Arsheeya Bajwa and Chavi Mehta (Reuters) – Nvidia shares fell nearly 4% on Wednesday on fears that widening U.S. chip curbs would sap growth in China, its third largest market, and curtail the AI-driven boom in its business. The company was set to erase more...
Arm Shares Sink as Some Analysts Question Valuation After Weak Forecast
Date: November 9, 2023
Arm shares sink as some analysts question valuation after weak forecast By Arsheeya Bajwa (Reuters) – Shares of Arm Holdings sank 8% on Thursday after a delay in a large deal hampered the company’s quarterly forecast in the first earnings since its float in September. The company, which develops and licences semiconductor intellectual property to...
Adidas Says Demand for Samba Shoes Far Outstrips Supply
Date: November 9, 2023
Adidas says demand for Samba shoes far outstrips supply By Helen Reid LONDON (Reuters) – Adidas struck an optimistic note on Wednesday, saying retailers are “visibly” more interested in its autumn/winter 2024 range as the German sportswear giant increases production of sneakers such as the Samba to meet high demand. CEO Bjorn Gulden, in the...