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Shares of Nvidia Corp (Nasdaq: NVDA) reached a new record high on Thursday in premarket trading. As of the time of writing, the stock had peaked at $156.99 before slightly sliding to $156.68. The uptick follows Wednesdays all-time high closing price of $154.31, which rose to $154.59 in after-hours trading. DeepSeek and tariffs worried investors earlier this year Nvidia has been a de facto representative of AI investment in the market. It reached a high of $153.13 in early January, but its shares soon tumbled alongside Chinas success with AI company DeepSeek and uncertainty around tariffs. DeepSeek used Nvidia chips to build its AI systems despite the United States banning their sale to China. The stock hit a low of $86.62 on April 7, just five days after President Trumps Liberation Day, on which he announced a series of tariffs worldwide. But now, at nearly double that price, it has recovered its lossesand signaled a renewed investment in AI. However, it comes as the dollar hits a three-year low after reports that Trump will move up his selection of a new Federal Reserve chair, the Wall Street Journal reports. What’s fueling Nvidia’s recent rally? The chipmakers current ascension was fueled in part by Loop Capitals decision yesterday to raise its price target from $175 to $250. Our work suggests we are entering the next Golden Wave of Gen AI adoption, and NVDA is at the front-end of another material leg of stronger than anticipated demand, Loop Capital analyst Ananda Baruah stated in a client note, according to Reuters. Helped along by Nvidias 4% rise on Wednesday, the Nasdaq composite also neared its record high with a 0.3% increase.
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Oprah Winfrey arrived in Venice on Thursday, leading a star-studded guest list of celebrities descending on the lagoon city for the weekend wedding of Amazon founder Jeff Bezos and Lauren Sánchez.Winfrey’s private jet landed at Venice’s Marco Polo airport. Former American footballer Tom Brady arrived soon thereafter.The bride and groom pulled into the Aman Hotel dock on the Grand Canal on Wednesday, traveling via water taxi with security boats in tow. A few hours later they slipped out of the hotel, with Sánchez wearing a sleek black and white striped, one-shoulder gown.The details of the nuptials have been a tightly kept secret, though the locations now appear to have firmed up as has the guest list.Ivanka Trump, her husband Jared Kushner, and their three children arrived Wednesday.Other celebrities on the guest list, according to two people close to the wedding who spoke on condition of anonymity, because they weren’t authorized to speak publicly, include: Kim Kardashian Mick Jagger Leonardo DiCaprio Orlando Bloom Microsoft founder Bill Gates Diane von Furstenberg and her husband Barry Diller Katy Perry had originally been expected but the latest update had her as not attending.The wedding has divided Venice, with some activists protesting it as an exploitation of the city by the billionaire Bezos while ordinary residents suffer from overtourism, high housing costs and the constant threat of climate-induced flooding.One group called Extinction Rebellion staged a small protest in St. Mark’s Square on Thursday featuring a masked bride and groom and people holding posters decrying climate change and income inequalities.“The planet is burning but don’t worry, here’s the list of the 27 dresses of Lauren Sanchez,” read one, a reference to the bride’s reported wedding weekend wardrobe.Protesters said that their plans to disrupt the arrivals of guests at one of the wedding venues forced organizers to move the event to the more secure Arsenale area beyond Venice’s congested center.The city administration has strongly defended the nuptials as keeping with Venice’s tradition as an open city that has welcomed popes, emperors and ordinary visitors alike for centuries.“We will always respect the right to speak out, but we reject every form of intolerance and prejudice,” Mayor Luigi Brugnaro said in Thursday’s edition of Italian newspaper Il Foglio Quotidiano. “No one in Venice can claim the right of deciding who can enter, who can love, who can celebrate.” Luca Bruno, Associated Press
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Earlier this year, a new variant of COVID-19 began spreading globally. Some of those infected with the new variant, nicknamed Nimbus, reported an uncomfortable side effect known as razor blade throat. By spring, the variant was present in the United States, and by May, it began to gain a foothold when compared to other circulating variants. But as of last week, Nimbus has jumped to be the dominant strain of COVID-19 in the U.S. Heres what you need to know. What is Nimbus? As Fast Company previously reported, Nimbus is the nickname given to the NB.1.8.1 lineage of COVID-19. Nimbus is a subvariant of Omicron. The World Health Organization (WHO) says that Nimbus was first detected in January 2025 and soon after began circulating around the globe. The Nowcast tracker operated by the U.S. Centers for Disease Control and Prevention (CDC) shows that by the week ending March 15, NB.1.8.1 was already detected in America. At that point, it accounted for a minuscule amount of COVID-19 cases in the country. Yet by the week ending April 26, NB.1.8.1 accounted for about 2% of all cases. In May, Nimbus began to assert its rise to dominance. By the week ending May 10, NB.1.8.1 had risen to 5% of cases in the United States. That share jumped to 10% by May 24. By the week ending June 7, NB.1.8.1 accounted for 24% of COVID-19 cases in America, and, most recently, for the week ending June 21, it accounted for 43% of all COVID-19 cases in America, making it the now dominant variant in the U.S. Which U.S. states is Nimbus in? Just because Nimbus is now the most dominant COVID-19 variant in America doesnt mean it is circulating in all states. But it also could be. The uncertainty of where Nimbus is circulating is because a lower number of sequences are being reported to the CDC than in the past. This makes it harder for the CDC to determine where and to what extent COVID-19 variants are spreading in America. Because of this lack of sequencing reporting, the CDC cautions that its Nowcast datas precision in the most recent reporting period is low. Today cites sequence data shared with the Global Initiative on Sharing All Influenza Data (GISAID) database that shows NB.1.8.1 has now been reported in 18 states as of June 25. Those states include: Arizona California Colorado Hawaii Illinois Maryland Massachusetts Michigan Nebraska New Jersey New York Ohio Rhode Island Texas Utah Vermont Virginia Washington That is four more states than GISAID data showed NB.1.8.1 earlier in June. The four new states where the variant has been detected this time around are Michigan, Nebraska, Texas, and Utah. What are the symptoms of NB.1.8.1 Nimbus? The symptoms of Nimbus are much the same as other symptoms of COVID-19. However, there are reports of people saying they feel more harsh throat pain with Nimbus than with previous variants. This throat pain is nicknamed razor blade throat because it feels like you are swallowing razor blades. Symptoms can include: Body aches Congestion Cough Fatigue Fever or chills Headache Loss of smell Loss of taste Runny nose Shortness of breath Sore throat What can I do to protect myself from Nimbus? The precautionary measures you can take to mitigate the risk of contracting Nimbus are the same as those you would take for any other COVID-19 variant. The CDC says these measures include: Staying up to date with COVID-19 vaccines Practicing good hygiene Make sure there is fresh, circulating air flowing through any spaces you are in. One way to help circulate fresh air through a space is by opening windows at home or in the office Precautionary steps are important as Nimbus, like previous COVID variants, can be deadly. According to WHO data from the seven-day period ending June 8, there were 228 reported COVID-19-related deaths globally. A majority of those deaths128 of themoccurred in the United States.
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