XRP's price has risen above $2 following a significant supply lock of over 500 million tokens until 2028, reducing circulating supply and potentially boosting price due to increased demand and institutional interest. Long-term holder accumulation supports the rally, but sustained momentum requires holding key support levels. The move marks a notable recovery and a shift in market dynamics for XRP.
The article predicts that by the end of 2026, Alphabet will surpass Nvidia to become the world's largest company, driven by its comprehensive AI ecosystem, extensive data assets, and strong financial position, positioning it as a formidable leader in AI development.
Nvidia and Alphabet are competing to become the world's biggest company by 2026, with Nvidia currently leading in market cap but both showing strong growth driven by AI advancements. Market predictions suggest a close race, with both companies having a 35% chance of overtaking the other by the end of 2026, depending on their respective growth performances.
Tesla's stock has reached a new high, surpassing its previous peak from December 2024, driven by advancements in AI, robotics, and strategic plans for autonomous vehicles, despite earlier setbacks related to political controversies and sales declines. The company's valuation has increased significantly, making it one of the top seven largest U.S. companies for the first time since May 2025.
Tesla shareholders are voting on a nearly $1 trillion compensation plan for Elon Musk, contingent on achieving ambitious milestones like reaching an $8.5 trillion market cap and deploying autonomous vehicles and robots, which could make Musk the world's first trillionaire if successful.
Nvidia is projected to reach over $8.5 trillion in market cap, driven by strong demand for its AI chips and a new 'Golden Wave' of AI adoption, with analysts raising their price targets significantly ahead of its upcoming earnings report.
Apple Inc. reached a $4 trillion market value for the first time, driven by strong demand for its new iPhone 17 series and product launches, making it the third public company to hit this milestone, amid a broader tech rally and positive sales outlook.
Microsoft is on track to join Nvidia and Apple in the exclusive club of $4 trillion market cap companies, with its stock nearing the milestone amid strong earnings reports and AI advancements, potentially marking a significant milestone in the tech industry.
Analysts at Cantor Fitzgerald see Nvidia as a top stock with the potential to reach a $10 trillion market cap, driven by the expanding AI industry, significant investments in AI infrastructure, and the growing demand for AI tokens and data centers, despite concerns about an AI bubble.
AppLovin, Robinhood, and Emcor are set to join the S&P 500 in September, replacing MarketAxess, Caesars, and Enphase Energy, with their shares rallying after the announcement. The move reflects their large market caps and aims to better represent their market segments, while other potential additions like Strategy did not make the cut.
Tesla's board proposed an unprecedented incentive plan for Elon Musk, including stock options worth up to $1 trillion if Tesla reaches an $8.5 trillion market cap, which boosted Tesla's stock as investors support Musk's leadership for the company's ambitious growth plans.
Nvidia's stock has fallen below its 50-day moving average for the first time since May, dropping over 4% and erasing more than $340 billion in market value amid broader market concerns and a tepid revenue forecast, though it remains significantly up from April lows and is still the world's largest company by market cap.
Block, a financial technology company formerly known as Square, will join the S&P 500 index, leading to an 11% increase in its shares. The addition was somewhat unexpected, as Robinhood and Applovin were considered prime candidates due to their larger market caps, but S&P Dow Jones Indices has discretion over the index composition.
Robinhood and AppLovin, two of the largest U.S. companies by market cap not yet in the S&P 500, could be added following Hess's departure due to Chevron's acquisition, with speculation increasing as the index's composition is updated.
Nvidia's stock reached a historic high, closing above $4 trillion in market value, driven by strong AI growth and potential easing of export restrictions to China, which could further boost its valuation. The company's CEO's visit to China and discussions with U.S. officials about export restrictions and tariffs are seen as key catalysts for future gains.