By William Collins, consultant in stock markets – Eurasia Business News, September 22, 2025. Article no 1799

The stock market surged on September 22, with the Nasdaq and Dow seeing notable gains after Nvidia announced a landmark strategic partnership with OpenAI. Nvidia plans to invest up to $100 billion progressively into OpenAI as part of deploying at least 10 gigawatts of Nvidia AI systems for OpenAI’s next-generation AI infrastructure. This collaboration aims to power massive AI data centers and the next generation of AI models, significantly boosting investor sentiment in tech stocks.

The Dow Jones Industrial Average (Dow) closed at 46,315.27, up by 172.85 points or 0.37%, reaching a new closing high for the index. The Nasdaq Composite finished at 22,631.48, gaining 160.75 points or 0.7%, also hitting a new all-time high during the day. It is its 28th record close of the year. Both indexes showed positive performance, supported by strong technology sector gains and investor optimism regarding the Federal Reserve’s easing policies.

The S&P 500 index closed at 6,692.16, up by 27.8 points or approximately 0.42%. The index reached a high of 6,694.37 and a low of 6,648.07 during the day.

Nvidia’s stock rose around 4.4% following the announcement, with several partners, including Oracle, SoftBank, and Microsoft, also seeing stock gains. This strategic partnership highlights Nvidia’s pivotal role in the AI boom and was a major factor in the positive performance of the Nasdaq and Dow on that day.

Read also : Tax Management strategies for Digital Nomads

Nvidia and OpenAI, two U.S. giants powering America’s race for AI superintelligence, outlined an expansive partnership Monday, including plans for an enormous data center buildout and a $100 billion investment by the chip maker into the startup.

Gold prices surged to a new record high, reaching approximately $3,746.73 per ounce, which was an increase of about 1.68% from the previous day. This rise was driven by expectations of further U.S. interest rate cuts and safe-haven demand amid ongoing geopolitical uncertainty and strong central bank purchases.

Read also : Gold : Build Your Wealth and Freedom

Silver prices also saw a significant gain, reaching a 14-year high amid the strong rally in precious metals, supported by robust demand and safe-haven flows similar to gold.

Advertisements

Our community already has 160,000 readers, joins us !

Subscribe to our Telegram channel

Follow us on Telegram, Facebook and Twitter

© Copyright 2025 – Eurasia Business News. Article no. 1799