which started the year at under $500 a share and closed on wednesday at over $1,200 a share. that is just such a huge jump in a short time. it rose over 5% in value on wednesday alone, giving it the market cap of just over $3 trillion. let s hear more from our north america business correspondent erin delmore. wall street s on a record breaking run. the latest all time high closes for the s&p 500 and the nasdaq. the latter powered by you guessed it nvidia. the chip makerjoined the $3 trillion club on wednesday, overtaking apple as the world s second most valuable company. microsoft is still the world s number one. nvidia is only the third company to ever exceed $3 trillion in market value. it s leading in the race to develop the chips needed to enable new artificial intelligence applications. and that s where the other tech giants and a lot of companies are spending big bucks right now. nvidia shares ended the trading day up more than 5%. alphabet, amazon, apple, meta,
i let ou around august time. just before i let you go. around august time. just before i let you go, earlier around august time. just before i let you go, earlier this - around august time. just before i let you go, earlier this week i i let you go, earlier this week we saw a spike in european gas prices because of a disruption to supply coming from norway. europe is still exposed to things like that going forward, that has to be on the minds of the central bank, would you argue? i the central bank, would you araue? ., , , argue? i wouldn t. this is tuite argue? iwouldn t. this is quite normal argue? i wouldn t. this is quite normal use - argue? iwouldn t. this is quite normal use of- argue? i wouldn t. this is. quite normal use of natural gas. we get supply disruptions, closures for maintenance through the summer. that is all very normal. i through the summer. that is all very normal- very normal. i understand that, but my point very normal. i understand that, but my point is
Germany industry is unlikely to fully recover from the energy crisis caused by the Ukraine war because of high prices for imported liquefied natural gas, said the head of energy multinational RWE Markus Krebber. "Gas prices in continental Europe, especially in Germany, are structurally higher now, because we, in the end, depend on LNG imports,” Krebber told the Wednesday edition of the Financial Times. German industry is at a disadvantage, he added. "You’re going to see a bit of recovery, but I
(Bloomberg) The freezing Arctic weather that caused havoc across the Nordic region last week has spread south to cover most of continental Europe. Most Read from BloombergMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysBoeing Max Grounding Goes Global as Carriers Follow FAA OrderChina Says It Caught Foreign Consultant Spying for UK’s MI6Minimum temperatures for Monday are forecast at -8.5C (17F) in Berlin and -4C in Paris, according to Maxar Technologies Inc. The mercury in Oslo will