Nvidia, Record
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Nvidia stock rises after the chip maker ends Thursday’s session with a market cap above $4 trillion, while MicroStrategy trades higher as Bitcoin sets a record high of more than $118,000.
Wall Street posted fresh all-time highs this week, fueled by a relentless rally in Nvidia Corp. (NASDAQ:NVDA), which became the first company in history to surpass a $4 trillion market capitalization,
The S&P 500 ended Tuesday marginally lower after President Donald Trump said that there would be no extensions on his new Aug. 1 tariff deadline.
The CEO’s trading plan has sold 975,000 Nvidia shares for $152 million since June, as the stock price sets records.
Nvidia's market cap briefly reached $3.92 trillion during intraday trading on Thursday, setting it on track to become the world's most valuable company in history.
Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped lift the crypto’s price into the stock market close.
Nvidia stock rose on Wednesday lifting the company’s market cap briefly past $4 trillion for the first time as investors scooped up shares of the tech giant that’s building the bulk of the hardware for the generative artificial intelligence boom.