Nvidia is now the world's most valued company, overtaking Microsoft on Tuesday. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe S&P 500 hit another fresh record on Tuesday, as a semiconductor rally crowned Nvidia the world's most valued company. May's retail sales data came in below expectations, indicating consumers are pulling back spending.

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Persons: —, Jeffrey Roach, Quicy Krosby Organizations: Nvidia, Microsoft, Treasury, Service, Qualcomm, Taiwan Semiconductor, Micron Technology, Financial, Federal, Fed, Here's