As the young and cool one in the office, it's my duty to keep everyone updated on the latest market acronyms - and friends, there's a new one in town: BATMMAAN.
Nvidia just crossed the $5 trillion mark, making it the first company to ever do so. This happened after CEO Jensen Huang announced over $500 billion in orders for their next-gen Blackwell and Rubin chips, plus fresh partnerships with companies like Palantir, CrowdStrike, and Uber.
Nvidia is not alone in this trillion-dollar playground. Broadcom, now worth over $1.78 trillion, has officially joined the elite, prompting the rebrand from "Magnificent 7" to BATMMAAN - that's Broadcom, Apple, Tesla, Microsoft, Meta, Amazon, Alphabet, and Nvidia. Together, they're now worth a jaw-dropping $24 trillion, roughly 40% of the entire S&P 500.
Just remember, when your older colleagues ask what BATMMAAN stands for, try to say it with a straight face.