Nvidia stock rose early Wednesday after President Donald Trump sent another signal to markets that artificial intelligence would be a priority under his new administration. The absence of Nvidia CEO Jensen Huang at the inauguration Monday stuck out as Big Tech CEOs thronged to the event.

Apple (AAPL), and the stock has lost over 11% so far, extending its drawdown from all-time highs to over 14%. It also lost its status as the world’s largest company to Nvidia (NVDA), whose share have looked unstoppable over the last few years.

CNBC’s Jim Cramer dissected Tuesday’s market action, speculating about how President Donald Trump’s first days in the White House are impacting the market.

Tuesday’s rising market tides also lifted the biggest boats moored in Silicon Valley. Several tech giants saw their stock prices go up: Alphabet ros

U.S. stock indexes are drifting higher following a mostly encouraging batch of profit reports from big companies