Tech Giants See Major Market Value Shifts in January: Nvidia Soars on AI, Microsoft Nears $3T, Meta Regains $1T
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Nvidia saw an unprecedented $296.52B increase in market value in January, reaching $1.52T, driven by AI optimism and new product announcements
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Microsoft added $159.36B in market value, nearing $3T, attributed to Azure cloud demand despite rising costs
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Meta's market value regained the $1T mark after a $148B increase thanks to a revenue beat and its first dividend
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Tesla was the weakest top 20 performer, losing 24.5% of its value on growth concerns despite price cuts
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Saudi Aramco saw a 7.3% drop in market value