Squawk on the Street

Nvidia Makes History As the First $4 Trillion Market Cap Company 7/9/25

8 snips
Jul 9, 2025
A historic day unfolds as Nvidia becomes the first company to achieve a $4 trillion market cap, possibly surpassing Apple. The impact of leadership changes at Apple takes center stage, while tariff threats create ripples across various sectors. Merck’s massive acquisition of Verona Pharma and scrutiny over healthcare fraud by the DOJ spark compelling discussions. Humor and market insights blend as Prime Day steals the spotlight, revealing trends in consumer behavior and the evolving landscape of the tech and pharmaceutical industries.
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INSIGHT

Nvidia's Unmatched Tech Lead

  • Nvidia's rise to a $4 trillion market cap highlights the power of accelerated computing, not just software or AI alone.
  • Hardware excellence combined with software innovation sets Nvidia apart as unmatched in the current tech landscape.
INSIGHT

Apple and Tariff Disagreements

  • Apple faces criticism over tariff exposure and its manufacturing strategy, but CEO Tim Cook is trusted to follow through on commitments.
  • The rift over Apple’s domestic production and tariff stance reflects broader tensions in US trade policy enforcement.
INSIGHT

Individuals Lead Market Rally

  • Individual investors currently drive the rally, showing resilience despite institutional pullback.
  • This shift contrasts past cycles when individuals were more fearful than institutions.
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