Nvidia is on the verge of becoming the first US chipmaker to reach $1tn in market valuation. The company’s shares rose 3.8% to leave it valued at $998bn. Nvidia’s revenue forecast has increased more than 50% and, with its shares up by nearly 25% last week, other chipmakers have also seen gains. However, with a valuation well above the long-term average, there may be “significant pressure to deliver high growth”.
Geopolitical winds set to sweeten India’s apple harvest
India’s apple imports are facing disruption. Geopolitics are influencing prices this harvest season. Traders are avoiding Turkish apples due to political tensions. The Attari-Wagah border