NVIDIA Reports $96.2 Billion in Revenue, Cryptocurrency Stocks Rise

NVIDIA recorded a revenue of $96.22 billion in the second quarter, with a forecast of approximately $108 billion for the third quarter. In the U.S. stock market, the S&P 500 index rose about 0.7% for the week, while the Nasdaq index increased by approximately 1.4%. The week's focus stocks included NVIDIA, Stratech, Circle, Hyperliquid Strategies, and Moderna. Stratech disclosed the absence of additional Bitcoin purchases and the establishment of a 'USD Cash' account worth $1.59 billion. Circle saw a weekly increase of about 7.43%, gaining attention for its USDC supply and stablecoin payment demand. Hyperliquid Strategies revealed holdings of approximately $1.9 billion in HYPE and a debt-free financial status, resulting in a weekly stock price increase of about 20.58%. Moderna's stock rose about 2.79% for the week, driven by data on its melanoma mRNA vaccine and news of FDA approval for a new COVID-19 vaccine. This week's focus stocks were divided into AI performance, Bitcoin financial strategies, stablecoins, and token holdings.

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