BREAKING NEWS: Nvidia has officially become the first company to reach a $5 trillion market capitalization, a historic milestone achieved just three months after surpassing the $4 trillion mark. This surge is primarily fueled by the skyrocketing demand for Nvidia’s AI chips, with shares peaking at $207.86 in early morning trading today, bringing its market cap to $5.05 trillion with 24.3 billion shares outstanding.
Nvidia CEO Jensen Huang is currently en route to South Korea, where he will join leaders from major Pacific Rim economies, including the United States, China, and Japan, at the annual Asia-Pacific Economic Cooperation summit. This event is crucial for discussions on technology and trade relations in a rapidly evolving global landscape.
In other urgent news, authorities in Mississippi are actively searching for three Rhesus monkeys that escaped following a truck accident on a highway. The truck, which overturned, originally transported 21 monkeys that were housed by Tulane University. Initial reports indicated that all but one monkey had been killed, but officials confirmed that three remain at large. Tulane has stated that these monkeys are not carrying diseases, despite earlier concerns about their aggressive nature.
Meanwhile, Microsoft is facing outages affecting its Azure cloud services, disrupting access to popular platforms such as Office 365 and Minecraft. The company has acknowledged issues with its global content delivery network services and is working to resolve the situation swiftly, as users report significant disruptions.
In an exciting development for urban mobility, Uber has announced plans to roll out its autonomous taxi service in the San Francisco Bay Area starting in late 2026. This initiative will involve specially built autonomous vehicles developed in collaboration with Lucid Motors and Nuro Inc.. Uber aims to have 100 test vehicles operational soon, with a long-term goal of deploying over 20,000 autonomous taxis across various locations.
In a significant political update, the White House is finalizing a deal that could put TikTok under U.S. ownership, with negotiations set to conclude in South Korea this week. This deal, reportedly being worked out between President Donald Trump and Chinese President Xi Jinping, aims to resolve ongoing concerns about the popular video-sharing app’s data security in the United States.
On a lighter note, rescuers in San Francisco saved a pet dog that fell from a cliff, spending over 20 minutes clinging to a narrow ledge before being retrieved. The quick actions of firefighters ensured the dog was safely reunited with its owner, highlighting the dedication of local emergency services.
In sports news, Terry Rozier of the Miami Heat and Chauncey Billups, coach of the Portland Trail Blazers, are both on leave following their arrests related to gambling charges. Reports indicate that their salaries are currently frozen as investigations proceed.
Lastly, a Lufthansa flight was diverted to Boston after a passenger, Praneeth Kumar Usiripalli, allegedly stabbed two teenagers with a fork during the flight from Chicago to Frankfurt. The 28-year-old faces serious assault charges after causing injuries to the teens, prompting a swift response from law enforcement upon landing.
Stay tuned for more updates on these developing stories as the day unfolds.
