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Stock Market Today: NVDA & AMD "Tax," Lithium Rally, BTC Back Near Highs

Stock Market Today: NVDA & AMD "Tax," Lithium Rally, BTC Back Near Highs

Schwab Network · Schwab Network

August 11, 20251m 50s

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Show Notes

Markets started the week lower after major indices rallied last week. Nvidia (NVDA) and AMD Inc. (AMD) saw slight losses following reports stating the U.S. government will take 15% of both companies' Chinese chip revenue. However, lithium companies like Albemarle (ALB) rallied after a Chinese competitor was forced to close one of its lithium mines. Bitcoin also jumped higher, propelling crypto-tied stocks like Strategy (MSTR) and Coinbase (COIN) higher. Marley Kayden focuses on Monday's key stock stories.


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