Tag Archives: Apple
Nvidia at record high as market brace for stock split
Nvidia stock price rallied to record high yesterday, with valuation topping US$3 trillion while overtaking Apple to become the world’s second most valuable company. Recent surge in Nvidia’s stock price stemmed from the company’s bullish quarterly report and revenue forecast. For its first quarter, the company recorded a 262% jump in revenue year-on-year, coming in […]
Apple stock price gains as China data delivers.
Latest data from China shows a rise in shipment of foreign-branded smartphones in China for April, stoking higher demand for Apple stock following its release. According to the China Academy of Information and Communications Technology, the shipment of foreign-branded smartphones rose by 52% in April to 3.495 million units, significantly higher than 2.301 million units […]