NVIDIA Sets New Standard, Closes Above $4 Trillion Mark
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Jensen Huang, Nvidia CEO, sold company stock worth millions. The sale occurred between July 8 and 10. This is part of a pre-arranged trading plan. Huang aims to sell up to 6 million shares by 2025. Nvidia's market value surpassed $4 trillion recently.
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Investor's Business Daily on MSNStock Market Today: Dow Falls 300 Points On Trump Tariff News; Drone Makers Are Surging, Here's Why (Live Coverage)S mall caps and blue chips lagged a generally down market Friday as the Russell 2000 and Dow Jones Industrial Average were responsible for most of the selling. Meanwhile the Nasdaq and S&P 500 tried to limit losses as Nvidia NVDA and Palantir PLTR continued to attract buyers on the stock market today.
The president pointed to yesterday's new highs as proof that tariffs were good policy. Did that narrative just change?
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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.
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Investor's Business Daily on MSNStock Market Today: Small Caps Rise, Edging Dow; Travel Firms Jump On Oil Drop But Byrna, Axon Trip Sell Rules (Live Coverage)The Dow Jones Industrial Average gained ground as metal, cyclical and financial stocks kept a bullish profile. But datacenter stocks got stung.
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Nvidia's earnings over the past 12 months were worth about 0.07% of global GDP, according to Deutsche Bank, while the company employed around 0.0004% of the global population. Now that Nvidia has passed the $4 trillion market-capitalization milestone,
US stock market futures fell after President Donald Trump announced a 35% tariff on Canada, starting August 1, intensifying global trade concerns. Despite positive earnings from companies like Delta and Levi Strauss,