Nvidia: $4 trillion and more to go [Video]

Ipek Ozkardeskaya Swissquote Bank Ltd

Tariff headlines keep rolling in — from 50% levies on Brazilian exports to a pending decision on the EU — but markets remain resilient. European equities gained, and the Nasdaq reached new highs, helped by a sharp intraday rally in Nvidia. The company briefly rose over 2%, becoming the world’s first to hit a $4 trillion valuation.

Elsewhere, Amazon’s Prime Day started stronger than expected, Federal Reserve (Fed) minutes showed diverging views on the inflationary impact of tariffs, and the US dollar softened as rate-cut bets gained traction. Crude oil tests the 200-DMA resistance while the gap between US copper futures with the rest of the world is disquieting.

Author

Ipek Ozkardeskaya

Swissquote Bank Ltd

Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.

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