Nvidia’s stock breakout puts Amazon in sight
Just 10 days into the new year and a familiar stock is back near the top of the leaderboard: Nvidia.
After struggling for months to break out above $US500 ($747) a share, last year’s best performer in the S&P 500 has pushed decisively into record territory with a more than 7 per cent advance. With its market value now at more than $US1.3 trillion, it’s about $US250 billion shy of Amazon, the fourth-most valuable company in the benchmark.
Bloomberg
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