-+ 0.00%
-+ 0.00%
-+ 0.00%
QUICK SPARK: Nvidia Stock Adds $370 Billion Market Value, A Whole Coca-Cola
Share
Listen to the news

Nvidia Corporation (NASDAQ:NVDA) just created more than $370 billion in market value after reporting stronger-than-expected quarterly results.

Shares jumped 7.32% to $225 shortly after Thursday’s market open, adding $371.7 billion to Nvidia’s market capitalization in a single session.

That is roughly equivalent to the entire market value of The Coca-Cola Co. (NYSE:KO).

Nvidia reported $96.2 billion in second-quarter revenue, up 106% year over year, while Data Center revenue surged 117% to $89 billion.

But the bigger surprise came from the outlook. Nvidia expects revenue to grow about 70% in fiscal 2028, well above Wall Street’s roughly 44% expectation.

With Nvidia’s market capitalization now at $5.4 trillion, the world’s largest company is signaling that the AI buildout may have much further to run.

Image: Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending