Trump’s X Posts Drive Hype After Nvidia Price Surge
Nvidia Price Surge Record Highs as Trump Claims Credit for Market Boom
As Wall Street hit yet another set of record highs on Thursday, Trump took full credit for the Nvidia Price Surge, tech companies, and cryptocurrency. US stocks rose to new all-time highs. Company’s share went up after a big milestone, and bitcoin went up to a new all-time high after US President threatened new tariffs.
Source X
Tech & industrial stocks hit record highs, NASDAQ surges, and crypto booms, says US President. He claims Nvidia Price Surge up 47%. The tariffs are raking in billion s, and his call for the Fed to lower rates is a smart move to keep the momentum going. No inflation? That’s the Trump effect! President’s this post is buzzing with optimism among the crypto community.
Nvidia Price Surge Hits $4 Trillion Milestone, Driving Tech Sector to New Heights
Source Yahoo Finance
Nvidia Price Surge 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.
Shares of the leading chip designer rose as much as 2.8% to an all-time high of $164.42, benefiting from an ongoing surge in demand for artificial-intelligence technologies. The company's stock ended with a gain of 1.80%, leaving it with a market value of $3.97 trillion.
Tariff Shockwaves: Trump’s 50% Import Duties Rock Global Markets
The President's recent attacks on tariffs, which haven't done much to alter the positive sentiment that has persisted for more than two months, had markets trying to make sense of them. The President threatened to impose a 50% import tax on Brazil, his most forceful threat to date. Brazilian President Luiz Inacio Lula da Silva announced that Brazil would use its economic reciprocity law to address the situation, leading to a 2% drop in the iShares MSCI Brazil ETF.
The US government has announced new tariffs on Brazil, Japan, and South Korea, with additional trade duties set to go into effect on August 1. He has already sent formal letters to seven other countries and 14 additional leaders, including Japan and South Korea, detailing the new tariffs. As the Nvidia Price Surge he gives all the credit to his tariff play.
NASDAQ & Microsoft Join the Rally
Microsoft is the second-most valuable U.S. company, with a market capitalization of $3.74 trillion. Its shares gained 1.4% on Wednesday to close at $503.51. According to data from CNBC, the Dow Jones Industrial Average surged by 217 points, equal to a 0.5% gain. The S&P 500 rose 0.2%, and the Nasdaq Composite set a new record right after opening, though it hovered around the flatline by press time. The movement followed the president’s announcement of new trade tariffs, which included a 50% duty on imported copper set to begin on August 1. Eying on the Nvidia Price Surge, the US government is making opinions about no inflation in the country and making the nation on top of the world.
Bitcoin Explodes to $118K: Trump’s Tariffs Fuel Crypto Volatility
Source coinmarket capital
Despite escalating global trade tensions, US investors did not back down. Rather, markets recovered their springtime losses and rose to all-time highs . At $112,259, Bitcoin reached a new all-time high. As the first publicly traded firm in history, Nvidia Price Surge hit a $4 trillion valuation after jumping about 2% on the day. Trump attributed his tariff strategy to the company's 47% increase. Bitcoin surged 6.14% to $118,196 in 24 hours, with the current Bitcoin price today is $118,112 USD. The Trump Tariff plays a crucial role in BTC market volatility. Many times it has seen high volatility in coin prices due to Trump tariff announcements.
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