Last week was all about one stock, $NVIDIA (NVDA.US)$, the powerhouse US-based AI stock that has topped a $US2 trillion valuation and that delivered an earnings result so powerful, its market capitalisation increased by a record $US277 billion in one trading day. Nvidia's market capitalisation has risen by more than $US700 billion in 2024.
The strong sentiment it generated helped propel the $Dow Jones Industrial Average (.DJI.US)$ to close above 39,000 fo...