Nvidia, NVDA stock
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US stocks hit records, and Nvidia closed above a $4 trillion market cap for the first time. Investors looked past tariffs and toward earnings season.
President Trump will wield 50% copper tariffs on August 1 as he promises more to come with countries such as Brazil in the crosshairs. Delta’s good news, Nvidia scores the first $4 trillion market cap milestone,
NVIDIA stock rose about 2% on Wednesday, July 9, which pushed its market cap over the $4 trillion mark. The market cap of a company is the total value of its outstanding shares.
After tumbling in March and early April as President Donald Trump’s tariff policy shocked Wall Street, stocks then recovered their losses across May and June. At the halfway point into the year, the mood is remarkably different from three months ago.