Explained | What drove Nvidia’s march to $2 trillion m-cap.
Sat, Feb 24, 2024 3:14 PM

Explained | What drove Nvidia’s march to $2 trillion m-cap.

A Flip by Avya Verma
Get it on Google Play
On Friday, February 23, Nvidia rose to become the first semiconductor firm to hit $2 trillion in market capitalisation, making it the fourth most valuable company in the world behind Microsoft, Apple, and Saudi Aramco (Saudi Arabian Oil Company). This growth has come on the back of another quarter of bumper earnings, putting Wall Street and global markets in a frenzy and pushing up other tech.

More great flips

TVS Electronics Standalone March 2024 Net Sales at Rs 97.08 crore

TVS Electronics Standalone March 2024 Net Sales at Rs 97.08 crore

Reported Standalone quarterly numbers for TVS Electronics are: Net Sales at Rs 97.08 crore in March 2024 up 13.89% from Rs. 85.24 crore in March 2023.Quarterly Net Profit at Rs. 0.57 crore in March 2024 down 62.25% from Rs. 1.51 crore in March 2023.EBITDA stands at Rs. 3.72 crore in March 2024 up 22.77% from Rs. 3.03 crore in March 2023.TVS Electronics EPS has decreased to Rs. 0.30 in March 2024.

Open Flip
GE Shipping Standalone March 2024 Net Sales at Rs 1,154.86 crore

GE Shipping Standalone March 2024 Net Sales at Rs 1,154.86 crore

Reported Standalone quarterly numbers for Great Eastern Shipping Company are:Net Sales at Rs 1,154.86 crore in March 2024 down 4.83% from Rs. 1,213.41 crore in March 2023.Quarterly Net Profit at Rs. 726.73 crore in March 2024 up 14.93% from Rs. 632.32 crore in March 2023.EBITDA stands at Rs. 894.66 crore in March 2024 up 10.78% from Rs. 807.59 crore in March 2023.

Open Flip
Ras Resorts Standalone March 2024 Net Sales at Rs 3.91 crore

Ras Resorts Standalone March 2024 Net Sales at Rs 3.91 crore

Reported Standalone quarterly numbers for Ras Resorts and Apart Hotels are: Net Sales at Rs 3.91 crore in March 2024 up 7.23% from Rs. 3.64 crore in March 2023.Quarterly Net Profit at Rs. 0.51 crore in March 2024 up 55.26% from Rs. 0.33 crore in March 2023.EBITDA stands at Rs. 0.63 crore in March 2024 down 42.73% from Rs. 1.10 crore in March 2023.Ras Resorts EPS has increased to Rs. 1.28 in March.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon