Nvidia single-handedly beats Europe's biggest stock markets, Deutsche Bank finds, as London Stock Exchange chief says reform is on the way [Yahoo! Finance]
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Source: Yahoo! Finance
That's Nvidia for you. But it doesn't end there—the tale of Nvidia's success is still developing, as it single-handedly eclipses all of Europe's stock markets in market capitalization. As of earlier this week, Nvidia became the world's most valuable company , thanks to an aggressive rally in its stock that has swayed all of Wall Street With a $3.2 trillion market cap now, Deutsche Bank in a note on Thursday found that Nvidia is now bigger than the value of all the listed stocks in Europe's major business hubs—Germany, France and the U.K. At the time the note was published, Nvidia's market cap was $3.35 trillion. It didn't always look like this. A decade ago, the London Stock Exchange (LSE) had a significant lead, with its listed stocks collectively worth 400 times Nvidia's value. But in the last week, Nvidia left LSE in the dust. At its sky-high valuation, the only markets whose listed shares are collectively larger than Nvidia are the U.S., India, China and Japan, Deutsche
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