NVDA smashed earnings and guidance out of the park and shares exploded over 10% higher...{chart}... to make the AI-darling above $2.5 trillion market cap for the first time... {chart} With around a 1% decline in US stocks, total US market cap fell by around $500 billion, while NVDA alone added $230 billion... {chart} For everyone else there was more great news about the American economy... US PMIs surged to two year highs proving Bidenomics is awesome (though input prices surged), and jobless claims remain near record lows. New home sales were weak but the market chose to ignore that. BUT... just as the dismal dump ... (full story)