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Nvidia Joins the Trillion-Dollar Club, Markets and the Debt Ceiling Deal 5/30/23

Nvidia Joins the Trillion-Dollar Club, Markets and the Debt Ceiling Deal 5/30/23

Carl Quintanilla Jim Cramer and David Faber discussed the AI rally and a new milestone: Nvidia's market cap surpassed $1 trillion for the first time. How does the stock compare with the other "trillion-dollar club" members -- Apple, Microsoft, Alphabet and Amazon? The anchors also explored what investors should make of the tentative debt ceiling deal forged by President Biden and House Speaker McCarthy. Also in focus: Elon Musk visits China, plus media and the bidding war for the rights to televise NBA games. Squawk on the Street Disclaimer

Squawk on the Street

May 30, 202344m 0s

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Show Notes

Carl Quintanilla Jim Cramer and David Faber discussed the AI rally and a new milestone:

Nvidia's market cap surpassed $1 trillion for the first time. How does the stock compare with the other 

"trillion-dollar club" members -- Apple, Microsoft, Alphabet and Amazon? The anchors also explored what 

investors should make of the tentative debt ceiling deal forged by President Biden and House Speaker McCarthy.

Also in focus: Elon Musk visits China, plus media and the bidding war for the rights to televise NBA games.

 

Squawk on the Street Disclaimer


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