CNBC Daily Open: Nvidia pushes past $3 trillion
Publishing timestamp: 2024-06-05 20:52:05
Summary
Nvidia's market cap surpasses $3 trillion, pushing S&P 500 to record high. Baron defends Elon Musk's $56 billion Tesla pay package. Elliott Management takes $2 billion stake in SoftBank. FAA grants certification to electric air taxi maker Archer Aviation. Goldman Sachs sees upside in biotech company despite concerns. Wall Street cautious about profit-taking but optimistic about Nvidia's future growth.
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-pushes-past-3-trillion.html