US stock market today surged as the Dow Jones Industrial Average rose to 49,369. Investors are piling into AI stocks like Nvidia (NVDA) and Oracle as the S&P 500 hits 6,927.93. The Nasdaq jumped 0.79% ahead of the Nvidia earnings report. Tesla and AMD gained big after President Trump’s 2026 State of the Union address confirmed a 10% global tariff. This tech stock analysis shows strong AI capital expenditure demand. Wall Street remains bullish on enterprise AI growth.