At the time of writing, Apple, Microsoft, Alphabet, and Amazon are the only four U.S. companies with a market capitalization of $1 trillion or greater. Tesla is not far behind, with a market cap of $907 million. It goes without saying that these companies all had much smaller market caps not too long ago.
When economic uncertainty is as high as it is today, why not follow the lead of one of the world's greatest investors?
Nvidia (NASDAQ: NVDA) warns that second-quarter revenue will be lower than previous estimates. Why Nvidia's long-term thesis appears to be intact. Does the former highflier have enough of a moat to fend off the likes of Amazon (NASDAQ: AMZN)?