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”.
VRL Logistics board to meet on July 4 to consider bonus share issue
VRL Logistics’ board will meet on July 4, 2025, to consider issuing bonus shares to eligible shareholders, with the record date to be announced later.