Nvidia hits a new high in one move, AI computing power and tech themes stage a major counterattack! Nonfarm payrolls rise only 29,000 + oil prices decline, Fed rate hike bets cool sharply.

Zhito Finance APP has learned that after the release of the latest nonfarm payroll data, market bets on a Federal Reserve rate hike in October, combined with international oil prices falling below $100 under a series of positive catalysts, jointly drove a major rebound in technology stocks in the U.S. and European markets. In particular, AI computing power-themed U.S. stocks, which have recently faced sustained pressure on the DCF valuation framework from rising yields on 10-year and longer-dated U.S. Treasuries and sharply rising rate hike expectations, saw the most intense gains in early Friday trading. Nvidia, the "super dominant player in AI computing power," even directly hit a record-high share price right after the opening bell.