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Nvidia Hits $5 Trillion Market Cap as Tech Stocks Lead Market Rally

Nvidia Hits $5 Trillion Market Cap as Tech Stocks Lead Market Rally

Author:

Global Cryptocurrency

Published:

2025-10-29 16:47:01

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BTCCSquare news:

U.S. equities soared to record highs ahead of the Federal Reserve's anticipated rate decision, with Nvidia becoming the first company to reach a $5 trillion market valuation. The chipmaker's stock surged following a showcase of new AI partnerships, underscoring Wall Street's insatiable appetite for artificial intelligence plays.

Caterpillar and Teradyne joined the rally, posting earnings beats fueled by AI-related demand. Meanwhile, financial tech firm Fiserv cratered after disappointing results and executive shakeups—a stark reminder of the market's punishing selectivity toward underperformers.

By:

Caterpillar Stock Hits Record High Fueled by AI Data Center Demand

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