Nvidia Hits $5T Valuation, Boeing and Adobe CEOs, Fed Decision Day 10/29/25
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 29 October 2025
⏱️ 44 minutes
🧾️ Download transcript
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| 0:00.0 | It's Jim Kramer here. |
| 0:01.3 | You're listening to the opening bell of CBC Squawk on the Street. |
| 0:04.7 | Don't miss a minute of the action. |
| 0:13.7 | Good Wednesday morning. |
| 0:14.8 | Welcome to Squawk in the Street. |
| 0:15.8 | I'm Carl Ketani, with Jim Kramer, David Faber, Post-9 of the New York Stock Exchange. |
| 0:19.4 | This streak of all-time high is going to get supported today by NVIDIA, set to open |
| 0:23.2 | with a $5 trillion market cap, even as some companies not exposed to AI, miss, or cut guidance |
| 0:29.1 | in restaurants, hospitality, housing, and retail. Fed decision at 2 o'clock. |
| 0:34.1 | Romant begins with another major milestone for NVIDIA. |
| 0:36.8 | Share is higher in the |
| 0:37.6 | pre-market, taking that chip giant's market cap to the cusp of $5 trillion for the first time. |
| 0:43.1 | Plus the Fed front and center decision on interest rates and Chair Powell's news conference. That |
| 0:48.1 | will be later today. And Boeing, it goes cash flow positive. It's the first time in two years that has achieved that state. |
| 0:57.2 | But it also takes a massive hit on delays to the Triple 7X. CEO Kelly Orkberg will join us exclusively in this hour. |
| 1:04.8 | Let's begin with Nvidia poised to hit that $5 trillion market cap at the open. The number to watch is 205.76. Shares rising a day |
| 1:12.8 | after Jensen Wong said Nvidia expects $500 billion in AI chip orders. Also offered praise for the |
| 1:18.6 | president. We're talking to our Christina Parts of Nevelos yesterday on power lunch. Take a listen. |
| 1:24.7 | We're making America great again. I think all of his policies relating to energy and manufacturing and all of his enthusiasm |
| 1:35.3 | behind artificial intelligence and making sure that American AI technology is the standard of the world, |
| 1:42.3 | that it's diffused maximally and making sure that the rest |
| 1:46.9 | of the world has the benefit of American technology so they can build on top of it. All of that |
... |
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