NVIDIA loses top spot to Microsoft as shares fall 3%
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NVIDIA experienced a significant 3.4% drop in shares on Thursday, resulting in a loss of approximately $91 billion from its market value. This decline led to Microsoft reclaiming its position as the world's most valuable company. The market value of NVIDIA decreased to $3.30 trillion at a share price of $131.88, while Microsoft's slipped to $3.31 trillion as its shares fell by 0.4% to $444.8 during afternoon trading.