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Nvidia-Driven Market Rally Pushes Nasdaq to New Heights

Guavy AI Editorial Team
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CRM NVDA
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The Nasdaq Composite jumped 1.31% today, outperforming the S&P 500 and Dow Jones Industrial Average.

Nvidia and Salesforce led the market rally with impressive earnings reports that crushed analyst estimates.

Nvidia's Q2 revenue reached $96.2 billion, a 106% increase from last year, while the company beat bottom-line estimates and issued optimistic guidance for the third quarter.

The tech giant's stock rose 8.4%, adding $461 billion to its market value and making it the driving force behind S&P 500 and Nasdaq Composite moves today.

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