From $345 billion to $4.4 trillion -- how Nvidia became the king of the artificial intelligence (AI) realm and why the ride may just be getting started.

The Dow Jones index soars to an all-time Friday on increased hopes of a rate cut at the September Federal Reserve meeting.

When Nvidia, the chip producer, reports earnings next week, investors expect the S&P 500 to have a bigger reaction than when the Fed chair delivers a big speech on Friday.

CoreWeave projects full-year revenue growth of 174% this year, as it is proving to be one of the fastest-growing AI stocks to buy right now. For investors, it could possess a lot of upsides, as it benefits from strong demand for Nvidia's chips and the ongoing need for greater computing capabilities as a result of AI.

The EV-maker's stock led gains for the Magnificent Seven during the broad market rally, rising 6.2%. Alphabet picked up 3.2%. Nvidia (NVDA) turned around early losses and finished 1.

There’s a good chance Nvidia won’t become the U.S. stock market’s first $5 trillion company. Now that Nvidia NVDA has topped the $4 trillion market-cap threshold, some Wall Street analysts are on record that Nvidia’s market value will reach $5 trillion by the end of 2026.

Two hedge fund managers with a track record for market beating returns sold Nvidia and bought Palantir in the second quarter.

Nvidia stock was rising along with most of the market. CEO Jensen Huang said Friday that the company’s H20 chip in China ”has no security back doors.”