moveoverMicrosoft. ChipmakerNVIDIAisnowthemostvaluablecompanyintheworldworthmorethanthreetrilliondollars. Yes, thatistrillionwith a T. ItsurpassedMicrosoft. That's whywekeepsayingmoveoverMicrosoft. NVIDIAstayonsharesofNVIDIAratherareup a whopping 174 percentsincethestartofthisyear. WeturnnowtoABCNewsbusinessreporterAlexis
Butthestockmarketishittingrecordhighs, too. ThisisgreatnewsforNVIDIA, butthere's greatnewsforthemarket. Inyourview, thatissomewhatseemstohavebeggedofftalkof a recession.
Thatwas a longwaysaway. Talktome a littlebitaboutthat. Youknow, sometimesthereisthisdisconnectrightbetweenwhat's happeningonMainStreetandWallStreet. I mean, theDowcrossed 40000 forthefirsttimeeverlastmonth. Wekeepcontinuallyhittingtheserecordhighs.
Butyou'reright. I thinktalkofthatrecessionhasprettymuchgoneaway. Whenyoulookatthebroadereconomicpicture, inflation, no, it's notwherewewantittobe, butitiscomingdown.
Thejobmarket, thehotjobmarketstartingtocooloff a littlebitandtheFederalReservereallyconsideringcuttinginterestrateslaterthisyearasopposedtoraisingthem. So I thinktheeconomyin a verydifferentplacefromwhereitwasjustoneyearago, Jay.
moveoverMicrosoft. ChipmakerNVIDIAisnowthemostvaluablecompanyintheworldworthmorethanthreetrilliondollars. Yes, thatistrillionwith a T. ItsurpassedMicrosoft. That's whywekeepsayingmoveoverMicrosoft. NVIDIAstayonsharesofNVIDIAratherareup a whopping 174 percentsincethestartofthisyear. WeturnnowtoABCNewsbusinessreporterAlexis
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