Steven Cohen of Point72 Asset Management bought 1.5 million shares of Nvidia, increasing his stake by 75%. It is now his largest position excluding options. Meanwhile, he sold 1.5 million shares of Apple, completely exiting the position.

If the chip maker more than doubles its share price again in 2025, it could be the most valuable company in the world by a large margin.

In the global ranking of companies with the highest market capitalization, the USA is in a league of its own: 62 of the 100 most expensive companies

Longtime Nvidia board member Tench Coxe is among the company’s newly minted billionaires. Tench Coxe, a long-standing member of Nvidia’s board of directors, is starting off 2025 with an enviable new feather in his cap: a spot on the Bloomberg Billionaires Index.

Tesla stock rises after shares of the electric-vehicle maker tumbled following weaker-than-expected deliveries, while reports say President Biden plans to block the sale of U.S. Steel to Japan’s Nippon Steel.

Nvidia shares grew 171% in 2024, leading to newly minted billionaires. Tench Coxe, 66, a member of Nvidia's board since 1993, has earned a place on the Bloomberg Billionaires Index for the first time,