Trump’s 2026 Bull Market is Really Just an Nvidia Rally
Key takeaways
- Sand Disk (SNDK) surged 522% this year but its $298 billion market value generates far less index impact than Nvidia’s 15% gain.
- It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started.
- The stock market keeps climbing in 2026, and if you only glanced at the headlines, you’d think the U.S. economy was firing on all cylinders.
Trump’s 2026 Bull Market is Really Just an Nvidia Rally Rich Duprey Tue, May 26, 2026 at 10:06 PM GMT+7 5 min read NVDA ^GSPC SOFI Quick Read Nvidia (NVDA) accounts for roughly 20% of the S&P 500’s 9% year-to-date gain with a $5.2 trillion market cap, while only 57% of the 503 S&P 500 stocks are in the green and 61% are underperforming the index. Sand Disk (SNDK) surged 522% this year but its $298 billion market value generates far less index impact than Nvidia’s 15% gain.
Nvidia’s dominance in AI chips and accelerators is driving a concentrated rally in mega-cap technology stocks, masking weakness across broader market segments as inflation remains sticky and consumer confidence has weakened.
It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor)