Microsoft Wins Analyst Praise on 'Rule of 60' AI Business Case...

STORY: Nvidia on Wednesday became the first company to reach a market value of $4 trillion, cementing its status as a Wall Street heavyweight amid a surging AI trade.Shares of the leading chip designer rose as much as 2.5% to an all-time high of $164 a share.Co-founded in 1993 by CEO Jensen Huang, Nvidia has evolved from a niche company popular among video game enthusiasts into Wall Street's barometer for the AI industry...with the company's high-performance chips forming the backbone of this technological advance.Dan Ives is Managing Director of Wedbush Securities."This is a historical day for Nvidia and the godfather of AI, Jensen. In terms of showing there's one ship in the world fueling the AI revolution, that's Nvidia. Four trillion (dollars), I think it's just a start. I think Microsoft's also gonna join the four trillion dollar market cap club. And it's a tech bull market we expect in the next few years, but it's all being led in the AI revolution by Nvidia."The stock's recent rally follows a sluggish start to the year, when the emergence of a Chinese discount AI model developed by DeepSeek shook confidence in stocks linked to the sector.Nvidia has rebounded about 74% from its lows in April, when global markets were jolted by U.S. President Donald Trump's tariff policy.The company is now worth more than the combined value of the Canadian and Mexican stock markets, according to LSEG data, and exceeds the total value of all publicly listed companies in the UK.Nvidia for the second quarter expects revenue of about $45 billion. It will report second-quarter results on August 27...

The Dow Jones Index rose Wednesday ahead of the Fed minutes. Nvidia set a new high, and hit the $4 trillion mark in valuation...

Market Catalysts host Julie Hyman tracks today's top moving stocks and biggest market stories in this Market Minute. Nvidia (NVDA) stock rallies after reaching the historic milestone of becoming the first company ever to hit a $4 trillion market cap. Microsoft (MSFT) stock gets a boost after Oppenheimer upgraded the stock to Outperform from Market Perform and set a $600 price target, highlighting underappreciated artificial intelligence (AI) potential and Azure growth in 2026. Hims & Hers (HIMS) stock jumps after the company announced plans to launch generic versions of semaglutide drugs in Canada in 2026. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute...