Nvidia, Stock Market
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The major indexes remain at or near record highs while navigating a plethora of catalysts, including earnings, economic data, tariffs, and Trump-Powell drama.
Investing.com - OpenAI CEO Sam Altman expressed agreement with Nvidia (NASDAQ: NVDA) CEO Jensen Huang’s optimistic perspective on artificial intelligence and employment, countering concerns about widespread job displacement.
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The major indexes remain at or near record highs while navigating a plethora of catalysts, including earnings, economic data, tariffs, and Trump-Powell drama.
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24/7 Wall St. on MSNFirst U.S. Company to Hit $4 Trillion Market Cap: NVIDIA’s Share Price Forecast for 2025Wall Street history has been made this week by AI corporation Nvidia. On July 8, the dominating AI company reached a $4 trillion market capitalization, the first publicly traded company to ever hit this mark.
It forecast sales growth of about 30% in US dollar terms in 2025, up from mid-20% previously. Read more at straitstimes.com. Read more at straitstimes.com.
Major stock indexes rose on Wednesday as Nvidia briefly climbed to a $4-trillion valuation, while the euro edged lower, with the Trump administration getting closer to a deal with its biggest trading partner,
The White House has decided to allow Nvidia to sell its H20 chips to China. This could boost its market cap to near $5 trillion.
Stock futures are on the rise as investors eye a fresh batch of big bank earnings and digest this morning's inflation data. Futures on the Dow Jones Industrial Average (DJI) are up triple digits, looking to recover some of yesterday's steep losses, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures inch higher as well.
Nvidia’s valuation has skyrocketed from $500 billion in 2021 to just under $4 trillion—a nearly eightfold increase that reflects its central role in the AI hardware ecosystem.
Nvidia stock surged 4.47% in pre-market trading after the U.S. government cleared the company to resume H20 AI chip exports to China. This greenlight could recover billions in lost revenue after Nvidia took a $4.