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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Consumer Tech News (July 7–July 11): Nvidia Hits $4 Trillion, Japan Tariffs Rattle Markets, Hopes Rise For Trump–Xi Summit

Taipei,,Taiwan-,July,25,,2022:,The,Office,Building,Of,Nvidia

Wall Street watched history unfold as Nvidia Corp. (NASDAQ:NVDA) became the first company to hit a $4 trillion market cap, capping off a week of market-moving headlines.

In a surprising diplomatic turn, U.S. Secretary of State Marco Rubio called recent talks with Chinese Foreign Minister Wang Yi “constructive,” stoking speculation of a Trump–Xi summit possibly taking place later this year.

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