Scott Becker

It is what it is.

Thank you for listening to the Becker Business Podcast, the Becker Private Equity Podcast.

Thank you very, very much.

This is Scott Becker with the Becker Private Equity Podcast, the Becker Business Podcast.

Today's discussion is NVIDIA, Microsoft, and Apple.

So here's what we're seeing out there.

Traditionally, all these have been part of the Magnificent Seven, and all considered hardcore tech companies.

Now what we're seeing amongst the Magnificent Seven is a bit of a breakout between what's really a tech company and what feels like partially a retailer.

So the two biggest tech companies, NVIDIA and Microsoft, have largely been on fire.

NVIDIA is up to about a $4.3 trillion market cap, even with being down a little bit today.

Similarly, Microsoft's right about $3.9 trillion again, and that's with even being down a little bit today.

Apple, in contrast, has fallen a great deal.

It's down to $3.03 trillion, so about $3 trillion.

What I take out of a lot of this, it's almost like the Amazon falling 8% today, is what you're seeing is some of these companies feel more like retailers.

People are watching closely at Apple.

How many phones are they selling?

People aren't watching that at Microsoft and at Nvidia.

They're in the chip business, and they're in all kinds of technology businesses at Microsoft.

Amazon's trying to be, you know, Amazon Web Services, but their business is softening just a little bit while the rest of the business continues on how it's continuing.

So what you're seeing now is this breakdown.