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

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” warningSubscribe to the daily Market Maker newsletter