Nvidia Rides AI Boom to Dethrone Microsoft as World’s Most Valuable Company

Nvidia became the world’s most valuable company on Tuesday, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate artificial intelligence technology. Shares of the chipmaker climbed 3.5 percent to $135.58, lifting its market capitalization to $3.335 trillion (roughly Rs. 2,78,15,901 crore), just days after overtaking iPhone maker…

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stocks, news and UK inflation data

Shoppers pass along the main high street in Whitstable, UK. Bloomberg | Bloomberg | Getty Images LONDON — European stocks closed lower Wednesday, losing the positive momentum seen during the previous trading session. The Stoxx 600 index ended the session down 0.18%, with major bourses and sectors diverging. Tech stocks led losses, down 1.15%, while…

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Russia and North Korea sign mutual defense pact: Putin

Russia’s President Vladimir Putin and North Korea’s leader Kim Jong Un pose for a photo during a signing ceremony following bilateral talks in Pyongyang, North Korea June 19, 2024.  Kristina Kormilitsyna | Via Reuters Russia and North Korea on Wednesday signed a new “comprehensive strategic partnership” as Western officials grow increasingly concerned about the implications…

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