Suche
Mein Konto
Nvidia cracks 5 trillion: Wall Street celebrates record high!
Nvidia hits $5 trillion valuation as US stocks rise. Fed meeting today, Bitcoin stable at $112,700.
Nvidia cracks 5 trillion: Wall Street celebrates record high!
On October 29, 2025, US markets opened with bullish sentiment as Nvidia became the first company in history to reach a $5 trillion valuation. Nvidia's stock rose more than 5%, contributing to the milestone. The remarkable development sent the Nasdaq Composite to a new record high, while the Dow Jones Industrial Average gained 250 points in early trading. The S&P 500 gained 0.3%, exceeding the 6,900 point mark.
The positive development is being closely monitored by investors and market experts amid the wait-and-see approach to upcoming quarterly reports from major technology companies and the US Federal Reserve's upcoming interest rate decision. Fed Chairman Jerome Powell is expected to announce the policy decision at 2 p.m. ET. Many market participants are expecting a 25 basis point rate cut, which will be the second rate cut in a row.
Nvidia and the technology sector
Nvidia has become a dominant player in the technology sector in recent years, seeing its share price rise over 52% in 2023, including an impressive gain of over 93% over the past six months. Nvidia's share price exceeded $211, which not only led to the achievement of the $5 trillion valuation, but also increased scrutiny of the company's strategy and market shares.
Amid the market moves, the stock market is largely ignoring the uncertainties created by the ongoing government shutdown and geopolitical challenges. There is optimism, especially with regard to the trade negotiations between the USA and China, which also influenced oil prices, which are currently rising. Gold prices have remained relatively stable at $4,027 an ounce, while cryptocurrencies have remained largely unchanged. Bitcoin is trading at around $112,700 while Ethereum is trading below the $4,000 mark.
Overall, these market developments demonstrate investor confidence in the leadership of companies like Nvidia and expectations of positive monetary policy decisions, while what is happening on Wall Street provides exciting insights into the future of global markets. How crypto.news reports, the focus remains on the Federal Reserve, which will play a crucial role today.