The battle over Tesla CEO Elon Musk’s pay package landed a supporter to the mercurial CEO’s cause: billionaire investor Ron Baron.
Nvidia shares hit a historic milestone Wednesday afternoon, closing above $3 trillion in market value for the first time. Nvidia has benefited from expectations for its next generation of artificial-intelligence chips. Both Tesla and Hewlett Packard Enterprise executives called out the chip maker as the dominant supplier in the AI boom.
Ultimately, earnings drive share prices. Only two Magnificent Seven stocks, and a third megacap, meet this triple-25% growth standard.