Nvidia sets monthly record with unprecedented market value surge in January

Meanwhile, Microsoft, the world's most valuable company, also enjoyed a robust increase in market value, adding $159.36 billion, largely attributed to the rising demand for its Azure cloud service. Meta's stock surged over 14% to a record high $451 after the bell on Thursday, elevating its market capitalization by $148 billion to $1.16 trillion after the Facebook owner delivered a 25% jump in revenue to $40.1 billion for the December quarter and declared its first-ever dividend. On the other end of the spectrum, Tesla Inc emerged as the weakest performer among the top 20 global companies by market cap, losing about 24.5% of its value over the last month due to concerns over slowing growth.