Numbers of the Week in the Finance World

Numbers of the Week in the Financial World

5 trillion dollars in market value, Nvidia has made history by becoming the first company to achieve this dazzling success. This significant valuation comes as a result of a rally that solidified the company's central position in the global artificial intelligence (AI) boom. Nvidia's shares have risen by %50 this year.

%47, the new tariff imposed on China by the US. This represents a decrease from %57 to %47. President Donald Trump announced the agreement to reduce tariffs following discussions with Chinese President Xi Jinping. The conditions of the agreement include Beijing resuming purchases of soybeans from the US, maintaining rare earth exports, and taking further measures against fentanyl smuggling. Trump stated to reporters aboard Air Force One, "I think there will be no major obstacles soon. We have an agreement now. We will renegotiate this agreement every year."

1 trillion dollars, this could be the valuation targeted by OpenAI. The company is reportedly laying the groundwork for one of the largest initial public offerings in history. Three people familiar with the matter indicated that the ChatGPT maker aims to raise at least 60 billion dollars. However, it was emphasized that the discussions are in the early stages and plans may change.

%14, the increase rate of Amazon shares in after-hours trading. Following the announcement of a forecast exceeding quarterly sales estimates, the stock rose along with the company’s cloud revenue showing the fastest growth in the last three years. This development added 330 billion dollars to Amazon's market value. Additionally, this week Amazon announced 14,000 corporate layoffs as part of a major restructuring focused on artificial intelligence.

5.8 billion dollars, the loss faced by Volkswagen due to tariff impacts this quarter. This situation resulted in 1.5 billion dollars in operating loss in the company's third-quarter results. Furthermore, financial issues related to its subsidiary Porsche also require significant corrective measures. Due to a strategic shift regarding electric vehicles, Porsche recorded multibillion-dollar losses.