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Nvidia surpasses Apple in market value, ANC considers forming unity govt in South Africa, Keir Starmer accuses Rishi Sunak of lying about Labour's tax plans, US court rejects new transparency rules for private funds
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- Nvidia surpasses Apple as world's 2nd most valuable company with $3tn market value.
- South Africa's ANC faces coalition government decision after election loss, impacting economic policies.
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Nvidia Surpasses Apple in Market Valuation
Chip maker Nvidia has become the second most valuable company globally, with a market valuation surpassing three trillion dollars. The company's stock has risen dramatically by 262% year on year due to the increasing demand for its AI chips. While investors have flocked to Nvidia, some analysts express concerns about the sustainability of its soaring stock performance, which could have significant implications for the broader market.
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