Particle.news
Download on the App Store
10 ARTICLES
·
last wk.

US Stocks Rally on Tariff Delay as Nvidia Tops $4 Trillion and M&A Accelerates

Postponing new tariffs until August 1 has reinforced hopes for trade talks, triggering a surge in tech and healthcare stocks.

A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/ File Photo
A screen displays news on "Nvidia hits $4T market cap" on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 9, 2025. REUTERS/Jeenah Moon
Image
Image

Overview

  • U.S. equity benchmarks rose after the White House delayed new tariffs to August 1, easing trade tension and boosting investor sentiment.
  • Nvidia’s market value topped $4 trillion for the first time, cementing its lead in the AI-driven technology rally.
  • Merck agreed to acquire U.K. biotech Verona Pharma for about $10 billion, driving Verona shares up more than 20%.
  • AES Corp. shares jumped nearly 15% on reports that the renewable energy provider is exploring strategic alternatives, including a potential sale.
  • Starbucks has attracted offers valuing a stake in its Chinese operations at up to $10 billion as it reshapes its international portfolio.