"Nvidia's Soaring Stock Value Threatens Amazon's Market Position"

1 min read
Source: Reuters.com
"Nvidia's Soaring Stock Value Threatens Amazon's Market Position"
Photo: Reuters.com
TL;DR Summary

The Nasdaq approached its all-time high, driven by tech stocks and anticipation of upcoming inflation reports, while Nvidia surpassed Amazon in market value for the first time in 20 years. U.S. stocks climbed, with the S&P 500 and Dow trading at record highs. Investors are awaiting crucial inflation data to gauge the potential for monetary policy easing. Additionally, companies like Joby Aviation and Diamondback Energy made significant moves in the market.

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