Here's your summary from Nvidia Market Cap Over $3 Trillion | Bloomberg Markets: The Close 6/05/2024 (https://www.youtube.com/watch?v=HAe7NwnkVhk) on the Bloomberg Television channel:

### TLDR:

Nvidia's market cap surpasses $3 trillion, making it the third company in U.S. history to reach that milestone.

### Key Points:

1. The S&P 500 and NASDAQ hit record highs, driven by the NASDAQ 100 and the Magnificent Seven stocks.

2. Nvidia's stock rally continues, with a market cap exceeding $3 trillion, fueled by demand for chips used in artificial intelligence.

3. Lululemon faces challenges as competition grows in the athleisure market, impacting its market share and growth potential.

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