Microsoft, Nvidia & Apple’s combined value is bigger than Chinese stock market; what is driving tech optimism?

From Mint: 2024-06-06 10:20:27

Tech giants like Microsoft, Nvidia, and Apple are thriving, collectively worth more than China’s stock market thanks to growing optimism around AI and possible interest rate cuts. Nvidia’s market cap hit $3 trillion with a 147% stock surge this year. Meanwhile, Microsoft is infusing AI into its products, pushing its market cap to $3.15 trillion, surpassing Apple’s $3.003 trillion valuation. Investors are bullish on these companies’ competitive advantages.



Read more at Mint: Microsoft, Nvidia & Apple’s combined value is bigger than Chinese stock market; what is driving tech optimism?