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Trump Tariffs Remain in Place for now – Nvidia Shines With Record Figures – Dell Raises Earnings Forecast – Costco Impresses With Strong Quarterly Figures – why Salesforce is Under Pressure Despite the AI Boom – Trump Urges Powell to Cut Rates

T. Reich
Reading Time: 5 minutes

Yesterday, the US stock markets closed with slight gains. The Dow Jones rose by 0.3   %, the S&P 500 by 0.4 % and the Nasdaq also by 0.4 %. The main driver of the market was Nvidia , whose stock price rose by 3.2% following strong quarterly results. The company benefited from high demand for AI chips , especially in light of upcoming US export restrictions to China. Legal developments related to the tariffs imposed by President Trump created uncertainty. A federal court initially blocked many of these tariffs , but a court of appeals...

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