Expanding the Legacy
Expanding the Legacy
After a few dismal days, global stock markets staged a rebound of sorts with Japan leading the surge as both the broader Topix index (+9.3%) and the tech-heavy Nikkei 225 (+10.2%) rose in tandem pulling up indices across Asia. In early-morning trading, European markets also recovered some of their losses although without the fanfare prevalent in the east. The Pan-European STOXX 600 advanced 0.6% whilst exchanges in Germany, France, and the UK registered modest gains but remained in a holding pattern. US futures edged higher as well, pointing to the presence of a few bargain hunters.
Mr Anderson ventures that Nvidia could well attain a market cap of $50 trillion in a decade. Though admitting that his forecast is on the optimistic side, Mr Anderson does present some numbers to back up his claim.
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