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,
story. very important to the lululemon sto . , ., story. briefly, did lululemon and its rivals story. briefly, did lululemon and its rivals in story. briefly, did lululemon and its rivals in this - story. briefly, did lululemon and its rivals in this side i story. briefly, did lululemon and its rivals in this side of l and its rivals in this side of retail, gym wear, did they get a big boost from the pandemic as more people were trying to get out and do exercise? absolutely, the pandemic not only helped lululemon but also many leisure brands as consumers shifted their wardrobes with more casual athletic wear as they work from home, spent more time outdoors. the wardrobe shifted. now they are shifting back to a more balanced approach so weak we are seeing what fashion. lululemon is a brand that you could argue is streetwear as well as performance, and can be dressed up or dressed down. poonam goyal, thank you for joining us from bloomberg. let s go live to normandy, where as you c