Latest news with #marketvalue
Bloomberg
17 hours ago
- Business
- Bloomberg
Alphabet's Rise Propels CEO Sundar Pichai to $1 Billion Fortune
Alphabet Inc. 's earnings beat Wednesday was the latest milestone in what's been an explosive run since early 2023, during which the company has added more than $1 trillion in market value and returned about 120% to investors. It's also made its CEO, Sundar Pichai, a billionaire. With Alphabet's shares approaching an all-time high, Pichai, 53, is now worth $1.1 billion, according to the Bloomberg Billionaires Index. That's a rare feat for a non-founding chief executive officer, especially in a tech industry where many top executives — including Meta Platforms Inc.'s Mark Zuckerberg and Nvidia Corp.'s Jensen Huang — owe their fortunes to founding equity stakes in their companies.
Yahoo
3 days ago
- Business
- Yahoo
Should You Buy Nvidia Before Aug. 27?
Key Points Nvidia reached a record high recently, and its market value soared to $4 trillion. The company also has reported positive news recently, such as its upcoming return to China's AI chip market. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) has achieved many milestones in recent quarters: The top artificial intelligence (AI) chip designer was invited into the Dow Jones Industrial Average last year and ended up delivering the best annual performance in the index. This year, Nvidia slipped ahead of Microsoft to become the world's biggest company, and just days ago it took this a step further by becoming the first company to ever reach $4 trillion in market value. That's as the stock hit a new record high. The company has been on fire for most of the past two years, and right now you may be wondering whether you should hop on board and if so, when. Well, Nvidia, has yet another potential catalyst ahead on Aug. 27. Should you buy the stock before then? Let's find out. Seeing the AI potential early Let's start off by exploring Nvidia's story so far. The company has actually been around for quite a long time -- more than 30 years -- but it saw growth surge in recent years as part of the AI boom. Nvidia, seeing the potential of AI, decided early on to design its graphics processing units (GPUs) specifically to meet the needs of this growing industry. And this proved to be a game-changing move for the company. Thanks to this early and strong entrance into AI, Nvidia has seen revenue soar in the double and triple digits, and it's built a rock-solid reputation in the field. Customers needing the most powerful and efficient chips to drive their projects automatically turn to Nvidia, and that's resulted in demand that's even exceeded supply. This helped Nvidia grow annual revenue from about $27 billion two years ago to more than $130 billion in the most recent fiscal year. Net income has climbed too, reaching record levels as Nvidia ensures high profitability on sales of its chips and related products. Nvidia also has made another smart move in recent years, and that's the expansion into a wide variety of AI products and services, making it the go-to seller of anything a customer may need. This includes tools needed for the AI of the future too, meaning Nvidia's revenue power should continue for years to come. For example, Nvidia -- as it powers so many AI functions -- is well positioned to play a key role as agentic AI takes off and if humanoid robots become a growth area down the road. What's happening on Aug. 27? So, now, let's consider what's set to happen on Aug. 27, and that's the tech giant's second-quarter earnings report. A couple of months ago, I wrote about Nvidia stock's performance after earnings reports, and it's shown a trend of gains. That may offer investors a reason to be optimistic about post-earnings performance. It's also important to note that Nvidia received important good news recently. The company, after temporarily losing access to the Chinese market due to U.S. export controls, will be able to sell its GPUs to China soon. The U.S. assured Nvidia that it would receive the license needed to do so. Any details on progress in that area could lift the stock as China is a big market for the company, representing 13% of revenue last year. Nvidia chief Jensen Huang may offer investors a glimpse into the rollout of Blackwell Ultra, the company's latest chip. CoreWeave, a cloud provider of compute for AI, recently said it's now making Ultra available to customers. Huang is known for delivering earnings calls filled with news and elements that offer visibility on what's to come, so comments from him could impact stock performance. Of course, Nvidia stock already has climbed in the double digits this year, and potential general economic or import tariff headwinds could represent risks to performance. So, it's never a good idea to buy a stock now and count on gains in the short term. Instead, it's a better idea to consider that player's long-term potential. This greatly increases your chances of scoring a win. You are likely to post a bigger win than if you buy and sell over a period of a couple of months. All of this means that, though I consider Nvidia a buy right now, you don't have to rush to get in on the stock before the company's earnings report. If you invest ahead of that moment or afterward, the stock could add significantly to the value of your portfolio over the long run. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Adria Cimino has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Microsoft and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Should You Buy Nvidia Before Aug. 27? was originally published by The Motley Fool
Yahoo
4 days ago
- Business
- Yahoo
Figma, Backers Seek to Raise $1 Billion in US IPO
Figma, along with some of its investors, are seeking to raise as much as $1.03 billion in a US initial public offering, which could give it a market value of as much as $13.6 billion. Anthony Hughes reports on Bloomberg Television. Sign in to access your portfolio
Bloomberg
4 days ago
- Business
- Bloomberg
Figma, Backers Seek to Raise $1 Billion in US IPO
Figma, along with some of its investors, are seeking to raise as much as $1.03 billion in a US initial public offering, which could give it a market value of as much as $13.6 billion. Anthony Hughes reports on Bloomberg Television. (Source: Bloomberg)
Free Malaysia Today
4 days ago
- Business
- Free Malaysia Today
TSMC's taiwan stock value surpasses US$1tril amid AI frenzy
TSMC's American depositary receipts were valued at around US$1.2 trillion as of the close on Friday. (AFP pic) TAIPEI : Taiwan Semiconductor Manufacturing Co's (TSMC) market value closed above US$1 trillion for the first time in Taipei last week, with a raised sales forecast driven by robust artificial intelligence (AI) demand. The main supplier of chips to Apple Inc and Nvidia Corp saw its Taiwanese shares climb to a record high on Friday, a near 50% rise from an April low. That has made it the first Asian stock worth more than US$1 trillion, since PetroChina Co briefly reached the milestone in 2007. TSMC's stock surge reflected growing investor confidence that the world's top chipmaker will ride the AI boom to even greater dominance. The company raised its full-year revenue growth forecast to about 30% last week, signaling TSMC may benefit in a tightening race for AI manufacturing capacity. 'We think that TSMC's tone towards advanced node demand is even more positive with AI customers showing no signs of demand slowdown,' wrote Goldman Sachs Group Inc analysts, including Bruce Lu, after TSMC's quarterly earnings. 'We expect to see a higher magnitude of price hike in 2026,' he added. TSMC's American depositary receipts were valued at around US$1.2 trillion as of the close on Friday. Owning ADR shares have been more convenient for foreign investors as converting the Taipei-listed stock into the US equivalent needs regulatory approval. Strong AI spending by TSMC's customers and the upside of wafer prices will help mitigate the negative impact of a strong Taiwan dollar and help add resilience to the company's gross margins, JPMorgan Chase & Co analysts including Gokul Hariharan wrote in a note late last week.
