The Gist
News and Features
Global Philippines Fine Living
Insights
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
Webinars
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
Downloads
economy-ss-9
Economic Updates
Quarterly Economic Growth Release: 5.4% Q12025
DOWNLOAD
investment-ss-3
Economic Updates
Policy rate views: Uncertainty stalls cuts
DOWNLOAD
grocery-2-aa
Economic Updates
Inflation Update: BSP poised for a string of rate cuts as inflation cools
DOWNLOAD
View all Reports
Metrobank.com.ph Contact Us
Follow us on our platforms.

How may we help you?

TOP SEARCHES
  • Where to put my investments
  • Reports about the pandemic and economy
  • Metrobank
  • Webinars
  • Economy
TRENDING ARTICLES
  • Investing for Beginners: Following your PATH
  • On government debt thresholds: How much is too much?
  • Philippines Stock Market Outlook for 2022
  • No Relief from Deficit Spending Yet

Login

Access Exclusive Content
Login to Wealth Manager
Visit us at metrobank.com.ph Contact Us
Access Exclusive Content Login to Wealth Manager
Search
The Gist
News and Features
Global Philippines Fine Living
Insights
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
Webinars
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
Downloads
economy-ss-9
Economic Updates
Quarterly Economic Growth Release: 5.4% Q12025
May 8, 2025 DOWNLOAD
investment-ss-3
Economic Updates
Policy rate views: Uncertainty stalls cuts
May 8, 2025 DOWNLOAD
grocery-2-aa
Economic Updates
Inflation Update: BSP poised for a string of rate cuts as inflation cools
May 6, 2025 DOWNLOAD
View all Reports
Equities 2 MIN READ

Tesla leads November’s global market value surge

December 3, 2024By Reuters
Related Articles
OpenAI IPO would create the next hot meme stock December 17, 2024 Philippine central bank hikes rates again, raises inflation forecast September 22, 2022 Duterte-Carpio, Philippine leader's daughter, set to win vice presidency May 9, 2022

Tesla’s market capitalization increased by the most among top global companies in November, boosted by expectations the automaker will benefit from CEO Elon Musk’s close ties with US President-elect Donald Trump.

The company’s market value surged 38.1% to USD 1.1 trillion last month on reports that Donald Trump’s transition team plans to relax federal regulations on self-driving cars, potentially simplifying the rollout of autonomous vehicles.

Optimism around holiday shopping helped boost Walmart’s market value by 12.9% to USD 743.5 billion, following the company’s third upward revision of its annual sales and profit forecasts, driven by increased online and in-store purchases of groceries and merchandise.

JPMorgan Chase’s market value rose 12.5% to USD 703 billion, as it was announced that CEO Jamie Dimon will continue leading the bank, and investors are confident that Trump will bring favorable policies for lenders.

Improving retail sales pushed Amazon.com’s market value up 11.5% to USD 2.2 trillion, after it reported higher-than-expected profit growth. Similarly, Visa saw its market value increase by 8.3% to USD 617.5 billion, as resilient consumer spending pushed it to a strong fourth-quarter profit.

Reports that US authorities ordered Taiwan Semiconductor Manufacturing Company 2330.TW to halt shipments of advanced chips to China, a move aimed at curbing exports of critical technologies, helped wipe 5.1% off its market cap, which fell to USD 793.5 billion.

AI bellwether Nvidia’s market value rose by a modest 3.9%, slowing from October’s 9.3% increase as its revenue growth forecast failed to excite investors.

(Reporting By Patturaja Murugaboopathy and Gaurav Dogra in Bengaluru; Editing by Kirsten Donovan)

 

This article originally appeared on reuters.com

Read More Articles About:
Worldwide News Philippine News Rates & Bonds Equities Economy Investment Tips Fine Living

You are leaving Metrobank Wealth Insights

Please be aware that the external site policies may differ from our website Terms And Conditions and Privacy Policy. The next site will be opened in a new browser window or tab.

Cancel Proceed
Get in Touch

For inquiries, please call our Metrobank Contact Center at (02) 88-700-700 (domestic toll-free 1-800-1888-5775) or send an e-mail to customercare@metrobank.com.ph

Metrobank is regulated by the Bangko Sentral ng Pilipinas
Website: https://www.bsp.gov.ph

Quick Links
The Gist Webinars Wealth Manager Explainers
Markets
Currencies Rates & Bonds Equities Economy
Wealth
Investment Tips Fine Living Retirement
Portfolio Picks
Bonds Stocks Model Portfolio
Others
Contact Us Privacy Statement Terms of Use
© 2025 Metrobank. All rights reserved.

Read this content. Log in or sign up.

​If you are an investor with us, log in first to your Metrobank Wealth Manager account. ​

If you are not yet a client, we can help you by clicking the SIGN UP button. ​

Login Sign Up