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Anonymous
Hey I am on Medial • 1y
NVIDIA swallows Reliance Industries in a SINGLE DAY Valued at Rs 20 lakh crore, Mukesh Ambani's Reliance Industries (RIL) looks like a mammoth on Dalal Street. But for the titans of Wall Street, this is loose change. NVIDIA shares soared over 16% overnight and added $277 billion to its market capitalization in just one day. In dollar terms, RIL is just about $243 billion. To put things into perspective NVIDIA’s overnight gains are equivalent to the GDP of more than 45 COUNTRIES. To be fair, such a large amount of wealth creation in a single day is unprecedented in Wall Street's history. Do you think this is the century of Chip makers?
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