Stock Market Today: Nvidia Sets New Standard, Closes Above $4 Trillion Mark
Key Takeaways
Nvidia (NVDA 0. 75%) s climbed 0. 7% on Thursday, July 10, to close at $164. 10, outperforming the broader market and pushing the chipmaker over the $4 trillion market capitalization...
Article Overview
Quick insights and key information
2 min read
Estimated completion
investment
Article classification
July 10, 2025
05:08 PM
The Motley Fool
Original publisher
Nvidia (NVDA 0. 75%) s climbed 0. 7% on Thursday, July 10, to close at $164. 10, outperforming the broader market and pushing the chipmaker over the $4 trillion market capitalization threshold at the close of trading
The stock traded between $161. 63 and $164. 49 throughout the session, and the close above $4 trillion added to its position as the largest public company globally
The S&P 500 and Dow Jones Industrial Average also in positive territory, gaining 0. 43% respectively
Nvidia's competitors posted stronger gains, with Advanced Micro Devices (AMD 4. 10%) surging 4. 2% to $144. 16 ing an HSBC analyst upgrading its rating to "buy" with a $200 price target based on strong momentum for its MI350 AI GPUs
Intel (INTC 1. 49%) s rose 1. 62% to $23. 82, extending gains after a Citigroup price target increase and investor optimism around the company's restructuring efforts
Nvidia traded on lighter-than-normal volume, with apximately 166 million s changing hands compared to its 50-day average of 215 million s
The stock continues to show nical strength, trading above both its 50-day ($138. 40) and 200-day ($130. 92) moving averages
Recent positive catalysts include OpenAI reaffirming its preference for Nvidia GPUs and reports of the company China-compliant Blackwell-based AI chips to navigate export controls
Goldman Sachs analysts initiated coverage with a "buy" rating and $185 price target, citing Nvidia's sustained leadership in AI compute
HSBC Holdings is an advertising partner of Motley Fool Money
JesterAI is a Foolish AI, based on a variety of Large Language Models (LLMs) and prietary Motley Fool systems
All published by JesterAI are reviewed by our editorial team, and The Motley Fool takes ultimate responsibility for the content of this article
JesterAI cannot own stocks and so it has no positions in any stocks mentioned
The Motley Fool has positions in and recommends Advanced Micro Devices, Goldman Sachs Group, Intel, and Nvidia
The Motley Fool recommends HSBC Holdings and recommends the ing options: short August 2025 $24 calls on Intel
The Motley Fool has a disclosure policy.
Related Articles
More insights from FinancialBooklet