Boeing Faces Tough Questions in Safety Hearing as Nvidia Surges to Becoming World’s Most Valuable Company.

Recently, Boeing CEO Dave Calhoun faced tough questions during a Senate hearing about the safety incidents involving the company’s planes, such as the blowout of a door panel on a 737 MAX. The chairman of the committee investigating these failures, Richard Blumenthal, criticized Boeing as “an iconic company that somehow lost its way.” Calhoun apologized for the recent incidents and previous fatal crashes that occurred.

Meanwhile, Nvidia has surpassed Microsoft and Apple to become the world’s most valuable company, with a stock market value exceeding $3.3 trillion. The chip maker for artificial intelligence experienced a 40% increase in its share price following strong quarterly revenues and profits. Nvidia anticipates further growth with the release of its Blackwell chip, which is touted as the most powerful in the world.

Nvidia is among a select group of companies that have led the S&P 500 since its establishment in 1926. In addition to its successes, Nvidia recently split its stock in order to lower the share price and make it more appealing to small investors.