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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,
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Google must face a $16 billion lawsuit alleging it has too much power over the online advertising market, a court has ruled. the case, brought by a group called ad tech collective action, alleges the search giant behaved in an anti competitive way which caused online publishers in the uk to lose money. google described the lawsuit as speculative and said they will oppose it vigorously . flight attendants in the united states have rejected a 17% pay rise proposal from american airlines. the union, which represents 23,000 air stewards, says workers have not had wage increases for more than five years, and have asked for an immediate raise of 33%. the carrier s ceo says he is committed to reaching an agreement. and coming up adapting to a new generation we speak to japan s biggest brewer about a more sober future.
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