Nvidia Leads Wall Street with Record Gains Amidst Market Stability

Wall Street did as the leading European stock exchanges and closed without major movements on Wednesday. The AI giant Nvidia acted as a locomotive with a new record notation.

» Published: June 25 2025

Nvidia Leads Wall Street with Record Gains Amidst Market Stability
Photo: Richard Drew/AP/TT

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Technically heavy Nasdaq rose 0,3 percent, Dow Jones industrial index fell back 0,2 percent and the broad S&P 500 index closed unchanged.

Semiconductor manufacturer Nvidia acted as a locomotive with a climb of 4 percent – and thus closed at a new record level. The share has climbed over 77 percent since the bottom listing in April, writes Di.

The company is now valued at 3,77 billion dollars, which means that it reclaims the position as the world's highest valued company ahead of Microsoft and Apple. This despite the fact that the company is currently in practice excluded from the lucrative Chinese market, according to CEO Jensen Huang.

Also Google owner Alphabet went well and closed with a plus of 2 percent. Tesla, another of the so-called magnificent seven companies, went heavier, minus 3,8 percent.

Oil giant BP's share soared over 10 percent after the Wall Street Journal reported that competitor Shell was in "early talks" about a takeover. The information was dismissed by Shell as "market speculation", and BP saw the share dive and close at minus 1 percent.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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