TheDrop Market Analysis, 07/10/25
- Alexangel Ventura
- Jul 10
- 1 min read
Markets surged as Nvidia's monumental all-time high record in share price created a domino effect across stocks, and investors ignored Trump's trade threats.
The S&P 500 index is up 0.27%, the Dow 30 index is up 0.43%, the Nasdaq index is up 0.09%, and the Russell 2000 index is up 0.48%. In addition, the VIX volatility index fell 1%, while gold's valuation strengthened mildly as the success in the stock market reached the currency and bonds markets, too.
Bitcoin carried this success to a fresh new record of just above $113,000.
Stocks rose as investors not only ignored Trump's recent tariff threats including a 50% tariff on Brazil but rather rejoiced as Nvidia surpassed $4 trillion in market cap, the first company ever to do so in the history of the stock market.
Although Nvidia's stock itself did not rise by a significant margin, it rose enough to make that landmark achievement as the first ever publicly traded company to do so. Jensen Huang, as of July 9th, now holds a net worth of $142 billion as a result of his small but meaningful share of the semiconductor company he founded several decades ago.
The rest of the Magnificent Seven performed exceptionally, especially Tesla which saw success in its latest venture, the Robotaxi. However, Amazon, Microsoft, and Meta all small shifts downward in share price.
Delta shares skyrocketed today, along with other airliners, as a result of a very positively received earnings report.
