Will Nvidia be the first company to reach $4 trillion market cap? Analysts raise the stakes
Briefly

from english.elpais.com2 months ago
"With the U.S. elections and the Federal Reserve meeting behind us, investors have November 20 circled on their calendars. On Wednesday, at the market close, Nvidia will release its third-quarter earnings, its first report as a member of the Dow Jones."
english.elpais.comhttps://english.elpais.com/economy-and-business/2024-11-19/will-nvidia-be-the-first-company-to-reach-4-trillion-market-cap-analysts-raise-the-stakes.html
"Following the latest price target updates, all three banks put Nvidia's market capitalization at over $4 trillion, a milestone that no publicly traded company has managed to date."
english.elpais.comhttps://english.elpais.com/economy-and-business/2024-11-19/will-nvidia-be-the-first-company-to-reach-4-trillion-market-cap-analysts-raise-the-stakes.html
"HSBC's Frank Lee is among the most optimistic analysts. In addition to advising investors to buy Nvidia shares, he continues to see a way forward and sets a Wall Street price target of $200, up from $145."
english.elpais.comhttps://english.elpais.com/economy-and-business/2024-11-19/will-nvidia-be-the-first-company-to-reach-4-trillion-market-cap-analysts-raise-the-stakes.html
"These high valuations increase the risk that any stumble could lead to an earthquake. This is what happened last August, when Nvidia reported record revenue and net income, but its growth forecasts were below market estimates, causing it to lose close to $200 billion in a single day."
english.elpais.comhttps://english.elpais.com/economy-and-business/2024-11-19/will-nvidia-be-the-first-company-to-reach-4-trillion-market-cap-analysts-raise-the-stakes.html
Read at english.elpais.com
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