Nvidia Joins the Trillion-Dollar Club, Markets and the Debt Ceiling Deal 5/30/23

<p>Carl Quintanilla Jim Cramer and David Faber discussed the AI rally and a new milestone:</p><p>Nvidia's market cap surpassed $1 trillion for the first time. How does the stock compare with the other </p><p>"trillion-dollar club" members -- Apple, Microsoft, Alphabet and Amazon? The anchors also explored what </p><p>investors should make of the tentative debt ceiling deal forged by President Biden and House Speaker McCarthy.</p><p>Also in focus: Elon Musk visits China, plus media and the bidding war for the rights to televise NBA games.</p><p> </p><p><a href="https://www.cnbc.com/squawk-on-the-street-disclaimer/">Squawk on the Street Disclaimer</a></p>