Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia was set to receive a green light for trade with China from the Trump administration.

The Nasdaq Composite reached a record high, driven by Nvidia's stock surge. Meanwhile, inflation reports and bank earnings created a mixed mood on Wall Street, with differing performances across major indexes.

Nvidia briefly reached a market capitalization of $4 trillion on Wednesday, making it the first company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks.

NVIDIA delivered strong financial performance in Q1 2026 and maintained momentum in the AI sector, breaking record levels and continuing to rally despite ongoing trade tensions, export restrictions, and geopolitical uncertainty.

A combination of tight credit spreads, a low VIX, placid bond markets, and high valuations for riskier assets could be a sign investors are complacent.

Nvidia is poised to take advantage of growing demand for sovereign artificial intelligence, Citi analysts wrote Monday.

Riding the AI Revolution The artificial intelligence (AI) sector has been a hotbed of investor enthusiasm since OpenAI’s ChatGPT debuted in 2022, driving a surge in AI-related stocks. With analysts projecting the AI market to grow from $279 billion in 2024 to $1.

The 4th of July is a national holiday, and both the NASDAQ (where NVIDIA is traded under the stock symbol NVDA) and New York Stock Exchange are closed in observance of the holiday. So NVIDIA's next opportunity to make history is at the end of the trading day on July 7,

Nvidia has rebounded about 74% from its lows in April, when global markets were jolted from U.S. President Donald Trump's tariff volley.

Nvidia stock trades at $159.34 as it hits a $3.92 trillion valuation, nearing Apple’s all-time record amid soaring AI chip demand.