Why Nvidia Stock Is Skyrocketing Today
Nvidia (NASDAQ: NVDA) stock is soaring in Wednesday's trading. The company's share price was up 14.1% as of 2:10 p.m. ET amid a 7.8% rally for the S 500 index and a 10.1% jump for the Nasdaq Composite index.
Nvidia's valuation is surging today after President Donald Trump announced a moderation on tariff policy and a 90-day postponement on tariffs. The stock is also getting a boost from news about the company's expanded partnership with .
In a message posted to Truth Social today, Trump said that he had authorized a 90-day pause on his "reciprocal tariffs" for all countries except China. Instead, the base tariff rate of 10% will apply during the reciprocal tariff pause. On the other hand, Trump also said that the tariff rate on Chinese goods would be raised to 125% -- up from the 104% import tax that went into effect after midnight yesterday.
Source Fool.com
Alphabet Inc. C Stock
With 55 Buy predictions and 3 Sell predictions Alphabet Inc. C is one of the favorites of our community.
At the moment Alphabet Inc. C has reached the predicted target price of 215 €, with a current price of 213.05 €.
