15:I[66739,["/_next/static/chunks/0kktebtcs1htf.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj","/_next/static/chunks/00yc4h63rurg4.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj","/_next/static/chunks/01b21njbdx~~m.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj","/_next/static/chunks/0kn25ki6~d.3~.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj","/_next/static/chunks/166.u_60qj09..js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj","/_next/static/chunks/0g9_wl34k-6l4.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj","/_next/static/chunks/0~r4f.cjjsl~b.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj"],"default"] 17:I[38632,["/_next/static/chunks/0qqtp3r0h7kah.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj","/_next/static/chunks/0iukvycbd42rl.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj"],"IconMark"] 16:T4ba,

This week on Market Maker, we unpack three big themes moving markets. Nvidia briefly hit a $5 trillion valuation before a Trump–Xi meeting wiped billions off the stock. We explain what happened and what it reveals about AI hype and geopolitics.

We then break down big tech earnings: Alphabet soared while Meta slumped, despite similar numbers. Is “BATMMAAN” the new “Magnificent 7”? And finally, the Fed cut rates—but Powell’s fog analogy hints at rising uncertainty ahead.

Whether you’re a student, prepping for interviews, or just want clear market insights, we’ve got you covered.

(00:00) Themes in Focus This Week

(03:46) Nvidia hits $5T: AI chips, hype & order book

(09:17) Trump–Xi meeting fallout: Nvidia crashes

(22:00) Alphabet soars, Meta slumps — why?

(30:11) Amazon & Apple: AI, retail, and holiday signals

(37:40) Meta’s spending problem + the new AI chapter

(49:37) Fed cuts rates: Powell’s “fog” warning

Subscribe to the daily Market Maker newsletter

BATMMAAN Takes Over Wall Street: Nvidia, Big Tech Earnings & Fed Fog

Market Maker

BATMMAAN Takes Over Wall Street: Nvidia, Big Tech Earnings & Fed Fog