CNBC Daily Open: Nvidia pushes past $3 trillion
Publishing timestamp: 2024-06-06 02:22:28
Summary
The S&P 500 and Nasdaq Composite set records, with Nvidia crossing the $3 trillion market cap mark and surpassing Apple. Billionaire investor Ron Baron supports Elon Musk's $56 billion Tesla pay package. Elliott Management retakes a stake in SoftBank and pushes for a share buyback. Asian markets are up, with TSMC hitting an all-time high. Prime Minister Modi's party losing its majority in India could impact reforms. Tesla's compensation package for Musk faces shareholder vote. Wall Street favors Nvidia, which has become the second most valuable U.S. company.
Sentiment: MIXED
Keywords: markets, breaking news: technology, breaking news: markets, layoffs, united states, world markets, commercial banking, stock indices and averages, dow jones industrial average, technology, business news, apple inc, nvidia corp, economic outlook, artificial intelligence, elon musk, economic policy,
Source: https://www.cnbc.com/2024/06/06/cnbc-daily-open-nvidia-tops-3-trillion.html