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Nvidia Hits $5 Trillion Valuation as Tech Stocks Propel Market Rally

Nvidia Hits $5 Trillion Valuation as Tech Stocks Propel Market Rally

Author:

Global Cryptocurrency

Published:

2025-10-29 15:38:02

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BTCCSquare news:

Wall Street's bullish momentum accelerated as Nvidia Corp. became the first company to reach a $5 trillion market valuation, with shares surging over 5% in early trading. The tech-driven rally lifted the Nasdaq Composite to record highs while the Dow Jones Industrial Average gained 250 points.

Investor Optimism centers on upcoming earnings reports from Big Tech leaders including Microsoft, Alphabet, and Meta, with analysts anticipating strong AI-driven performance forecasts. The S&P 500 held above 6,900 as market participants await the Federal Reserve's interest rate decision.

Nvidia's milestone underscores the dominant role of AI-related equities in current market dynamics. The chipmaker's ascent follows Tuesday's record closes across major indices, fueled by parallel gains in Microsoft and OpenAI-related securities.

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