{"id":128699,"title":"Wall Street Hits Record Highs as Nvidia Becomes World’s First $5 Trillion Company","publisher":"Share Talk","author":"sharetalk","published":"2025-10-29T14:25:44+00:00","modified":"2025-10-29T14:25:44+00:00","canonical_url":"https://www.share-talk.com/wall-street-hits-record-highs-as-nvidia-becomes-worlds-first-5-trillion-company/","markdown_url":"https://www.share-talk.com/wall-street-hits-record-highs-as-nvidia-becomes-worlds-first-5-trillion-company.md","json_url":"https://www.share-talk.com/wall-street-hits-record-highs-as-nvidia-becomes-worlds-first-5-trillion-company.json","category":"B2B","categories":["B2B","Blogs","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["Advanced","American exports.","Beijing","china","Chinese goods","Donald Trump","exports","H20 chip","Hyundai Motor Group","Jensen Huang","Nokia","Nvidia","Samsung Electronics","semiconductor","tariffs","U.S","US Federal Reserve"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/03/Wall-street.webp?fit=1200%2C800&quality=80&ssl=1","format":"news","language":"en-GB","content":"**Wall Street’s main indices surged to new record highs** on Wednesday, driven by gains in technology stocks and historic momentum from **Nvidia**, which became the **first company in history to surpass a $5 trillion market valuation**.\n\nThe milestone came as **investors await the US Federal Reserve’s interest rate decision**, with markets widely expecting a **quarter-point cut to 4%** later today — the first reduction in over a year.\n\n**Nvidia’s shares jumped 4.8%** shortly after the opening bell, pushing its valuation beyond the $5 trillion mark. The rally was fuelled by **continued enthusiasm around artificial intelligence** and **supportive comments from Donald Trump**, reinforcing Nvidia’s dominant position at the centre of the AI boom.\n\nThe achievement follows **Microsoft’s return to the $4 trillion club** and **Apple briefly crossing that threshold** earlier this week, underscoring the strength of the global tech sector.\n\nIt has been just **four months since Nvidia reached the $4 trillion mark**, with growth accelerated by CEO **Jensen Huang’s series of major supply deals** — including new agreements with **Nokia**, **Samsung Electronics**, and **Hyundai Motor Group**.\n\nThe record-setting session cements Nvidia’s status as the defining company of the AI era and highlights the powerful influence of big tech on global equity markets."}