Market Cap
-
Tech Megacaps Lose $770 Billion in Value, Dragging Nasdaq to Biggest Drop Since April
A sharp tech stock sell-off caused the Nasdaq to plunge, wiping out $770 billion in market cap. Rising interest rates, inflation fears, and economic growth concerns fueled the downturn, impacting FAANG stocks, cloud computing firms, and semiconductor manufacturers. Analysts cite rising Treasury yields and a hawkish Federal Reserve as key catalysts. While long-term tech fundamentals remain strong, macroeconomic uncertainty and supply chain issues persist, leaving the sector’s near-term outlook uncertain. Upcoming earnings season and Fed policy will be crucial.
-
Salesforce Earnings: Investors Look for Growth Acceleration and AI Advancements
Salesforce’s stock has significantly underperformed compared to Oracle, reversing their pandemic-era market cap crossover. Investors await Salesforce’s quarterly results amid slowing growth in its core CRM market. AI presents both a challenge and an opportunity, with Salesforce launching Agentforce, an AI-powered customer support system. Analysts are watching improvements in remaining performance obligations and the impact of the Informatica acquisition. Activist investors remain engaged, seeking further improvements in profitability. Oracle, meanwhile, benefits from cloud infrastructure commitments related to AI.
-
Tencent Music Surpasses Baidu in Market Cap, Analysts Affirm ‘Copyright-Pay-Dividend’ Model Validated
Tencent Music Entertainment (TME) briefly surpassed Baidu in market capitalization, highlighting a market re-evaluation. Investors favor TME’s proven “copyright-to-subscribers-to-revenue” model over Baidu’s AI investments, which await clearer commercial returns. This shift signals changing internet traffic dynamics and investment logic, with TME evolving into a dedicated content provider.
-
NVIDIA’s Valuation Hits $3.77 Trillion, Surpassing All Others: Analyst Predicts Potential $6 Trillion Mark
Nvidia’s market cap has reached $3.77 trillion, making it the world’s most valuable company. Loop Capital analyst Ananda Baruah forecasts a $6 trillion market cap, setting a $250 per share price target, driven by the “golden wave” of AI adoption. He projects $2 trillion in spending on AI by 2028, with hyperscale cloud providers shifting to non-CPU computing (50-60% by year-end) and the upcoming Blackwell chip production fueling further growth.
