The Jensen Huang effect drives U.S. stocks to new highs, with Goldman Sachs CEO saying the market has entered "greed mode."

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Mars Finance News, June 3—driven by the AI boom, U.S. stocks continued to set new all-time highs. The S&P 500 index closed above 7,600 points for the first time, and the Dow Jones rose by more than 200 points to a new intraday high. Japan’s Nikkei 225 index also hit a new record on Wednesday.

At the Taipei Computex Conference, NVIDIA CEO Jensen Huang became the focus of the market. NVIDIA released a new PC processor developed jointly with Microsoft, and Huang’s remarks that Marvell will become “the next trillion-dollar market cap company” drove the company’s stock price to surge 32% in a single day, with an additional rise of over 9% after hours.

Goldman Sachs CEO David Solomon said investor sentiment has clearly entered a “greed mode,” and the market is preparing for an unprecedented wave of financing for AI giants.

Meanwhile, the situation in the Middle East continues to unsettle the market. Trump and U.S. Secretary of State Rubio said the U.S.-Iran negotiations are still ongoing, but Iranian media reported that communication between the two sides has been cut off. Rubio also said Iran has laid “extensive” mines in the Strait of Hormuz and continues to attack commercial vessels.

Affected by geopolitical risks, both WTI and Brent crude oil prices rose by about 1%, reaching $94.81 and $96.84, respectively.

US500200-0.27%
JPN2251.13%
NVDAON-1.46%
MSFT-0.46%
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GateUser-23bf1070
· 4h ago
This market, missing out feels even worse than losing money.
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GateUser-78aae297
· 9h ago
WTI at 94.8, driving costs have gone up again
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MempoolMaggie
· 9h ago
The AI funding boom is here, and the new investors are ready with their sickles.
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NightTideShell
· 9h ago
The Dow hits a new high, but my knockoff is still at the bottom of the valley.
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StarsInTheGlassDome
· 9h ago
After visiting Computex, I just want to go all-in on computing power
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SudoSage
· 9h ago
When the Middle East makes a move, oil prices rise, and cryptocurrencies also tremble.
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RetroRadioEcho
· 9h ago
Goldman Sachs says greed, I say it's FOMO.
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GateUser-517aed04
· 9h ago
Marvell trillion? Believe half of it first
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MintColdBrew
· 9h ago
Is Jensen Huang secretly injecting the market with adrenaline?
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AlmondMilkLiquidator
· 9h ago
S&P 7600, but my wallet is still hovering around 3000 points😭
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