#NvidiaHitsRecordHighUp2.4% 🚨

😂 $NVDA sets a new record… but by a very small margin. 👀

Nvidia reached its highest level during the session at $237.88, pushing its market value to around $5.7 trillion.

Sounds like a huge breakthrough, right?

🚨 But here’s the important detail:

📊 $237.88 — new high for the session
📊 $236.54 — previous record
📊 $233.95 — closing price
📊 ~$5.7T — market value

This means the new record high was only about 0.6% above the previous peak.

The headline pointed to a +2.4% gain, but $NVDA finished the session up by roughly +1.34% only.

🔥 So what’s driving this move?

🎬 Demand for artificial intelligence is still enormous.

Nvidia also announced a $150 billion share buyback program, while Morgan Stanley upgraded NVDA to one of its top picks.

At the same time, weaker U.S. job data helped reduce expectations for rate hikes, giving the Nasdaq an extra boost.

👀 But here’s the key point:

Recording a new intraday peak doesn’t necessarily mean a confirmed breakout has happened.

The real test is whether NVDA can hold trading above the ~$234 zone—not just set a new high and then pull back.

🧠 Square’s perspective:
The new peak confirms momentum, but it’s the strong close that truly validates demand.

So is Nvidia at the start of a real breakout—ceiling again? 👀

#Nvidia #AI #StockMarket #NVDAB