Business
NVIDIA Surpasses Apple in Market Valuation as ECB Cuts Rates
Graphics chipmaker NVIDIA has seen a remarkable surge in its market value, surpassing tech giant Apple to become the world’s second most valuable company. The amassment of this significant milestone is indicative of NVIDIA’s growing influence and robust financial performance.
Meanwhile, in a parallel financial development, the European Central Bank (ECB) recently announced a rate cut, reducing rates to 3.75%. Despite this move, the ECB’s updated annual inflation projections suggest ongoing challenges in combating inflation.
With the focus shifting to upcoming economic data releases, market analysts and investors are keenly anticipating how these indicators will shape future monetary policy decisions across global markets.
