Wall Street Hits Record Highs As Nvidia Tops $4 Trillion, Trump Ramps Up Trade Tensions: This Week In Markets

Wall Street posted fresh all-time highs this week, fueled by a relentless rally in Nvidia Corp. (NASDAQ:NVDA), which became the first company in history to surpass a $4 trillion market capitalization, igniting optimism across the tech and AI sectors.

The chipmaker extended its winning streak to a seventh straight week, and the 11th in the last 12, nearly doubling its share price from early April lows in just over three months.

This surge pushed the combined market value of the so-called Magnificent Seven, Apple Inc. (NASDAQ:AAPL), Microsoft Corp. (NASDAQ:MSFT), Amazon.com Inc. (NASDAQ:AMZN), Meta Platforms Inc. (NASDAQ:META), Alphabet Inc. (NASDAQ:GOOGL), Tesla Inc. (NASDAQ:TSLA) and Nvidia Corp. (NASDAQ:NVDA), to a ...