T&G Market Recap: Tech’s Red-Hot Rally Rolls On: Nvidia Blitzes Record High as 2025 Launches With a Boom 📈
New Year, New Gains—Chips roar, Disney stuns, and Bitcoin blasts past $100K. What a start, folks. 🎆🔥
The stock market’s shaking off its year-end funk with a vengeance, and guess what’s leading the charge? You guessed it: Tech, baby. The S&P 500 soared Monday, the Nasdaq’s up over 1%, and the Dow’s playing catch-up after an early wobble. Let’s just say nobody’s feeling those so-called New Year’s blues right now. 😎
Below the surface, there’s a swirl of headlines fueling this surge. We’ve got an ultra-bullish chip rally, an AI titan hitting new heights, and a bombshell new media deal to satisfy your drama cravings. Buckle up!
The Mega Chip Rally: Nvidia & Friends 🍟
Nvidia to the Moon
Shares soared another 3%+ on Monday to close at a record high, piggybacking on an insanely upbeat forecast from its server partner Foxconn. Boom.
Investors are waiting breathlessly for CEO Jensen Huang’s CES keynote. Rumor has it the new Blackwell chip might be out of the supply-chain jungle and ready to break new ground.
Peer Pressure
Micron (MU) soared over 10%, joining the smorgasbord of chip stocks dancing on the ceiling after Foxconn’s bullish call. AMD (AMD) joined the party too.
Why the hype? AI-fueled data center growth. If Foxconn’s seeing strong server demand, these semis want a piece of that piping hot pie. 🥧
Eyes on Jobs: A Short Week With Big Implications 📝
Nonfarm Payrolls (Friday)
December’s data lands at the end of a shortened trading week, with markets closed Thursday to mourn former President Jimmy Carter.
Economists see a potential softening in the labor market, but it’s still likely strong enough that the Fed isn’t panicked. Remember, the Fed’s next meeting is Jan. 30-31.
Context
The first few trading sessions of 2025 were solid for tech, yet the overall market might tilt if the jobs number comes in unexpectedly hot or cold. A hotter jobs market might keep Fed rate cuts in a slower lane. A cooler one could open the door for more easing. 🎉
Carter's Day of Mourning = Another Pause 📅
Wall Street Break
Trading floors will go dark on Thursday as America commemorates Jimmy Carter, who passed away at the age of 100.
That leaves a Monday–Wednesday spree, a day off, then a Friday blowout with the jobs report. Volatility, anyone?
Disney’s Hulu+FuboTV Merger: Stream Wars On Steroids 🍿
Disney’s Move
Out of nowhere, Disney (DIS) revealed a jaw-dropping plan to combine its Hulu + Live TV offering with sports-centric FuboTV (FUBO).
Fubo soared nearly 250% (not a typo, folks) while Disney stock yawned. Probably because investors see the combined streaming giant controlling more than 6 million subscribers and $6 billion in revenue.
Why It Matters
The streaming arms race is brutal. Netflix with live sports, Apple dabbling in baseball, and YouTube with NFL Sunday Ticket. Now Disney’s diving deeper into live everything—sports, news, you name it. This is how they fight cord-cutting and big cable’s collapse.
Bitcoin Blasts $100K 🔥
Crypto Comeback
The flagship coin soared beyond $102,000 on Monday, marking the first time it’s broken 100K since Dec. 19.
Chalk it up to that unstoppable optimism around a Trump White House that’s more “crypto-friendly,” plus general risk-on vibes as the year’s money flow picks up.
If Bitcoin can hold the line above six figures, expect the altcoin brigade to wake up too. 🤖
The Wrap-Up
Stocks
S&P 500: +0.5% for the day, as the broad market recaptures some magic.
Dow: -0.1% on a late slip, but it was flirting with green most of Monday.
Nasdaq: +1.2%, courtesy of unstoppable tech euphoria.
Bonds & Tariffs
10-year yield near 4.62%, inching higher as the Trump team’s rumored limited tariffs subdued inflation expectations—until the man himself called the rumor “wrong.” Markets had to re-correct mid-session. The result? A mild bond move, a partial pullback in the dollar, and some stock volatility.
What’s Next
All eyes go to CES for Huang’s big reveal on Monday night—are we hearing more about those Blackwell supply kinks or fresh AI angles? The entire sector’s primed for something big.
Jobs numbers on Friday: If it’s stable, the Fed can relax. If it’s hot, maybe the bull run stumbles a bit.
Trump’s team might clarify those tariff rumors, again. Watch the market blink. 🤔
Bottom Line: Tech is back in the driver’s seat, and Nvidia’s wearing the crown. Despite a swirl of confusion over tariffs and a weird holiday-lite week, the bulls are pumped. Whether the good vibes last likely hinges on what Jensen Huang says at CES and how that jobs report lands on Friday. Hang tight, and enjoy the fireworks, folks. 🎆👏