Tesla, Nvidia Surge By Same Value As Goldman Sachs, Starbucks In 1 Day

When people on Wall Street call companies like NVIDIA Corp NVDA and Tesla Inc TSLA tech giants, they really aren’t kidding about the giant part.

After the companies traded higher by 8.5% and 7.3%, respectively, on Monday, the pair added more than $120 billion to their combined market value, according to data from Benzinga Pro. 

This combined total matches the entire value of companies like Starbucks Corp SBUX, Goldman Sachs Group GS Lockheed Martin Corp LMT and more. Here is a full list of 10 companies that have a lower market capitalization than the value of Tesla and Nvidia's big gain on Monday. 

Blackstone Inc BX - $118 billion market cap
Lockheed Martin Corp - $113 billion market cap

Starbucks Corp - $109 billion market cap

Sony Group Corp SONY - $109 billion market cap

AT&T Inc T - $100 billion market cap

Anheuser-Busch InBev BUD $97 billion market cap

CVS Health Corp CVS $86 billion market cap

AirBnb Inc ABNB $82 billion market cap

Altria Group MO $75 billion market cap

Shopify Inc SHOP $69 billion market cap

Benzinga's Take: Next time you find yourself questioning just how big some of these tech companies really are, just remember they are capable of growing by a lot in just one day.

Read Also: 'Unmatched' Nvidia To Blow Past Q2 Estimates On AI Boost, Suggests Analyst: 'We See Limited Competitive Risks'

Photo courtesy of Nvidia.