Nvidia has overtaken Microsoft and Apple to become the world's most valuable publicly traded company.
Microsoft has experienced an 18% increase year-to-date, indicating potential for future growth.
The market has responded favorably to Apple's new AI initiatives, with financial analysts upgrading Apple's stock to "Buy".
After the WWDC announcement, Apple's stock price increased by over 7%, surpassing $200.
A major technology ETF is set to undergo a significant rebalance, increasing its Nvidia holdings from 6% to 21%.
This strategic reallocation will involve purchasing approximately $11 billion worth of Nvidia shares.
AstraZeneca PLC (NASDAQ: AZN) kicked off the week by receiving approval from the U.S. Food and Drug Administration for its blockbuster cancer drug Imfinzi combined with chemotherapy being used as a treatment forpatients suffering from specific type of endometrial cancer.