Bitcoin topped the $118,000 level for the first time, surpassing Thursday’s record as it continued to gain from its increasing adoption by companies as a reserve asset and lawmakers passing pro-crypto legislation.

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.

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.

Nvidia returned almost all of its GAAP net income back to shareholders through share repurchases. Read why I am downgrading NVDA stock to a neutral rating.

Asian shares are mixed in cautious trading Friday after Wall Street closed at an all-time high with Delta Air Lines kicking off earnings season with a solid outlook for the rest of 2025, spurring an airline stock rally.

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.

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,

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.