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Moody’s Downgrades U.S., “Eat the Tariffs,” Nvidia CEO’s AI Keynote 5/19/25

Moody’s Downgrades U.S., “Eat the Tariffs,” Nvidia CEO’s AI Keynote 5/19/25

Squawk on the Street

May 19, 202541m 1s

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Show Notes

Carl Quintanilla, Jim Cramer and David Faber explored the market impact of Moody’s decision to cut the U.S.’ credit rating to below AAA. The 30-year yield jumped above 5% on news of the downgrade. The anchors reacted to President Trump’s social media post telling Walmart to “eat the tariffs” instead of hiking prices. Also in focus: Nvidia CEO Jensen Huang’s AI announcements at a conference in Taiwan, Apple’s AI challenges, Blackstone’s energy deal, JPMorgan Chase and the Jamie Dimon succession watch, Netflix downgraded.

 

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