Locator: 50801AAPL.
Locator: 50801CSCO.
CSCO: this is not a bubble. CSCO -- was one of two survivors from the dot-com boom / bubble (2000), severely scarred but alive -- that which does not kill us, makes us stronger. After hours, CSCO pops 11% on earnings beat and strong guidance.
NVDA: $5.5 trillion.
AAPL: $4.36 trillion.
MU: not yet in the trillion-dollar club.
S&P 500: another record.
BRKB: up 0.3%.
AAPL: hitting headlines and all-time highs.
What do China and the US have in common? They are the only two countries in the universe that have a GDP greater than NVDA's market cap. Link here.
Most impressive: Tim Cook was able to step down on his own at this time, step down in style and hand this off to a young man with a skill set different than his (Tim's). And I don't think anyone saw it coming.
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The Book Page
Poolside; 2:56 p.m.CT -- 90°F with a high of 93°F forecast.
Apple in China: The Caprure of the World's Greatest Company, Patrick McGee, c. 2025.
