In a groundbreaking achievement, Nvidia has become the first public company to reach a valuation of $4 trillion, outpacing tech giants like Apple and Microsoft. This milestone reflects the soaring investor confidence in the potential of artificial intelligence, which Nvidia has championed for years. CEO Jensen Huang's strategic investments in AI technologies have positioned the company at the forefront of this technological revolution.
In a stunning turn of events, Newsmax Inc. shares plummeted 77% after an explosive two-day surge that saw the stock soar 2,230%. The rapid decline wiped out $23 billion in market value, raising questions about retail investor behavior.
Newsmax Inc. is experiencing an unprecedented surge in its stock, skyrocketing 1,160% since going public. The stock's explosive debut has captivated investors and analysts alike.
Newsmax Inc. has made headlines as its shares surged 735% in their debut, making CEO Christopher Ruddy a billionaire overnight. The conservative news network's IPO raised $75 million, closing at $83.51 after trading volatility.
2024 marks a surprising shift as no chief executive from publicly traded companies has hit the $100 million pay milestone, despite several coming close, including Starbucks' leader. What’s behind this trend?