Tag: trillion

Google is officially a $2 trillion company

Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the company to its core: it’s made big search changes, realigned the Search, Android, and hardware teams around AI, and launched its [...]read moreGoogle is officially a $2 trillion company

US Senate passes $1.2 trillion budget, averting government shutdown | Politics News

Bill passes after hours of gridlock over funding for three-quarters of the government for the next six months. Lawmakers in the United States Senate have passed a $1.2 trillion spending bill, narrowly averting a partial government shutdown. The lower house on Saturday approved the measure by a 74-24 vote after funding had expired for three-quarters [...]read moreUS Senate passes $1.2 trillion budget, averting government shutdown | Politics News

$2 Trillion in Commercial Debt is Coming Due—What Does That Mean for the Industry?

In this article   Commercial real estate has had a few rough years, and it seems like things won’t be getting better anytime soon. The sector is set for a potential rise in defaults, as higher interest rates have increased the costs of refinancing.  And with $2.8 trillion due between now and 2028, more landlords could [...]read more$2 Trillion in Commercial Debt is Coming Due—What Does That Mean for the Industry?

Nvidia’s role in the AI wave has made it a $2 trillion company

Nvidia has officially hit a $2 trillion market capitalization, making it the first chipmaker to cross the threshold. It’s also the third US company to reach over a $2 trillion valuation, right behind Apple ($2.83 trillion) and Microsoft ($3.06 trillion). The California-based company has seen rapid growth over the past year due to its leadership [...]read moreNvidia’s role in the AI wave has made it a $2 trillion company