How will Trump’s “big, beautiful bill” shape the markets?

Good morning, Hustlrs.

Welcome to another Global Hustlr Newsletter. Every week, you get fresh updates on Global market moves and real tips for African investors who want to build wealth in the US stock market.

Here’s what we have for you today:

☕️ Quick Brew: This Week’s Market Pulse

• Nvidia nearly hit $4 trillion—now close to matching Apple as the world’s most valuable company.

• Trump signed his “one big beautiful” tax-and-spending package on Friday

• Strong jobs report: Markets no longer expect a US rate cut soon.

• Tariff deadline approaches: Trump’s July 9 tariffs could disrupt the rally.

The Big Stories

1. Nvidia’s $3.89 Trillion Surge

Nvidia is a company that makes computer chips. This week, its stock price went up a lot. The total value of the company reached about $3.9 trillion. That number is very close to Apple’s highest value from last year, and it is higher than Microsoft’s value right now.

Many people want the chips that Nvidia makes because they help computers learn and work faster. These chips are important for artificial intelligence, or AI. Because so many companies want to use AI, they need more of Nvidia’s chips. As a result, a lot of people want to buy Nvidia’s stock.

In less than two months, Nvidia’s stock price jumped more than 50 percent. This means that a lot of investors believe Nvidia will keep doing well.

2. Trump’s Tax Bill Squeaks Through

President Donald Trump signed his “one big beautiful” tax-and-spending package on Friday. This plan changes how much money people pay in taxes and what the government spends on certain programs.

The bill lowers taxes for many people. It keeps the 2017 tax cuts, and increases the child tax credit. But to help pay for these tax cuts, the bill takes money away from Medicaid, food stamps, and other programs that help people in need.The plan also means the country will owe even more money. Over ten years, the national debt could grow by trillions.

3. Strong Jobs Data Shifts Fed Expectations

A robust jobs report on Friday reversed the market’s expectations for a Federal Reserve rate cut. This report said that many new jobs were created and that lots of people were working. The economy looked strong. When job growth is strong, the Fed usually keeps interest rates the same or even makes them higher to prevent the economy from growing too fast.

4. Tariff Deadline Approaches

President Trump’s July 9 tariff deadline is fast approaching. New tariffs could hit imports from China and Europe, with tech companies like Apple especially vulnerable. The market rally could face turbulence if these tariffs go into effect.

Why Does This Matter?

For African investors eyeing the US stock market:

• Nvidia’s dominance shows the explosive potential of AI and tech stocks. This sector is driving global market growth, and African investors can access these opportunities through US ETFs or direct stock purchases.

• US tax policy impacts corporate profits and stock valuations. Lower taxes may boost earnings, but watch for political risks.

• Interest rates affect everything from stock prices to currency values. A “no cut” scenario means the US dollar stays strong, which can impact returns for international investors.

• Tariffs can disrupt global supply chains and hit multinational companies’ profits. For example, Apple’s exposure to China could mean more volatility ahead.President Trump’s July 9 tariff deadline is fast approaching. New tariffs could hit imports from China and Europe, with tech companies like Apple especially vulnerable. The market rally could face turbulence if these tariffs go into effect.

Ready to start building wealth on Global Markets?

Join ambitious African professionals building wealth beyond borders! 

Subscribe to The Global Hustlr—your go-to platform for financial education, actionable insights, and the tools you need to invest confidently in the US and European stock markets, right from home.

Don’t just watch the world’s biggest stories—profit from them.

Stay hustling,
The Global Hustlr Team