Investing: Trust Wall Street? We’ll come back to that epic hype cycle shortly. For example, looking at Nvidia we can see as recently as October 31st, 2023 this company had a market capitalisation, market cap, of roughly $1T. At the New York close yesterday the company hit a market cap of $1.71T. Nvidia, Market Cap, February 2023 to February 2024, source yCharts, authorSo over a four month period we saw Nvidia’s market cap grow explosively, at a compound annual growth rate, CAGR, of 394%.

Source: Washington Post February 08, 2024 09:17 UTC