Nvidia’s Stock Breakout Puts Amazon Within Sight

Nvidia’s Stock Breakout Puts Amazon Within Sight

(Bloomberg) — Just 10 days into the new year and a familiar stock is back near the top of the leaderboard: Nvidia Corp.

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After struggling for months to break out above $500 a share, last year’s best performer in the S&P 500 has pushed decisively into record territory with a nearly 9% advance. With its market value now at more than $1.3 trillion, it’s less than $250 billion shy of Amazon.com Inc., the fourth-most valuable company in the benchmark.

The fact that…


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