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MEDICAL EXECUTIVE-POST – TODAY’S NEWSLETTER BRIEFING
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HAPPY SUMMER SOLSTICE
Today is the first day of summer in the Northern Hemisphere, aka summer solstice. It’s also the longest day of the year.
CITE: https://www.r2library.com/Resource
The markets were closed yesterday for Juneteenth, but they’ll be back today to see if they can keep their hot streak going.
But, the company known for selling shoes that look like they’ve been dragged through mud postponed its IPO, putting a pause on what has been a big year for European companies going public. Golden Goose announced Tuesday it wouldn’t go public in Milan on Friday as planned due to fraught market conditions in Europe stemming from parliamentary elections across the Continent.
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Nvidia is now the most valuable company in the world. The chipmaker passed Microsoft to become the world’s most valuable public company, topping $3.3 trillion in market cap. Earlier this month, it reached the $3 trillion mark for the first time, flying past Apple for second place. The AI boom has propelled Nvidia—which owns about 80% of the industry’s data center chip market—to new heights, enriching investors and CEO Jensen Huang along the way. Huang has added nearly $100 billion to his net worth in less than two years, making him the 13th richest person in the world as of June.
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