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

Published: May 30, 2023, 2:51 p.m.

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