S&P 500 Roars Back—Nvidia’s AI Surge Fuels Tech Revival, Wipes Out 2025 Losses

Tech bulls are back in charge as the S&P 500 claws its way into green territory for the year—thanks largely to Nvidia’s blistering rally. The chipmaker’s AI dominance just gave Wall Street’s spreadsheet jockeys a reason to upgrade their price targets (again).

Market movers: Nvidia’s 30% monthly surge single-handedly dragged the index out of correction territory, proving once again that tech stocks write the rules in modern finance—until they don’t.

Bottom line: When the ’Magnificent Seven’ sneeze, the S&P catches a cold. But today? They’re popping champagne—and charging 2% management fees on your 401(k) while they’re at it.

Easing tensions with China 

Markets also reacted to the WHITE House’s announcement of a $600 billion investment initiative and a 90-day tariff truce with China. 

The easing of geopolitical tensions contributed to a broader risk-on sentiment, lifting major tech stocks including Tesla (+5%) and Meta (+3%).

Palantir jumped 9% following a $142 billion U.S.-Saudi defense deal, while Coinbase spiked over 18% on news of its inclusion in the S&P 500, signaling what analysts called a dramatic turnaround for the crypto industry under a more favorable regulatory climate.