Bitcoin smashes $88,000 as Nvidia hits $5.7 trillion market cap for the first time ever
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NVIDIA stock hit a record high of $237.88 on Friday, boosting its market capitalization to nearly $5.7 trillion following a $150 billion share buyback increase and a weak employment report.
Nvidia's record price boosts market value to $5.7 trillion. Nvidia shares rose to a new all-time intraday record on Friday, surpassing their previous high of $235.54. The company's market value reached $5.7 trillion. US stock market, technology in the logistics sector, Artificial intelligence, Nvidia, Stock, Investing, hardware, Stock market, future technology.
Nvidia touched a new intraday peak of $237.55 and its capitalization reached $5.7 billion, amid the expansion of AI infrastructure and while questions remain about spending, circular investment and competition.
Bitcoin smashes $88,000 as Nvidia hits $5.7 trillion market cap for the first time ever
Bitcoin has broken above $88,000, gaining almost 2% over the past 24 hours as crypto markets push higher. A surprisingly weak September jobs report showed just 29,000 new jobs, unemployment at 4.2%, and a 29,000 downward revision to August. Citigroup lifted its 12-month Bitcoin target to $113,000 and Ether target to $3,028, while projecting another...
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