Tim Cook warns of rising memory costs amid US-China tensions

## Market Snapshot The market predicting whether NVIDIA will be the largest company by market cap on June 30 is currently priced at 65.5% for a YES outcome. The prediction for May 31 stands at 78.2% YES, showing a recent decrease from 93% over the last 24 hours. ## Key Takeaways – Tim Cook’s statement suggests potential challenges for Apple’s profit margins, which may impact its market cap position. – Current market pricing reflects an increased likelihood of NVIDIA surpassing Apple as the largest company by market cap by June 30. – The broader context of US-China trade tensions and supply chain disruptions may contribute to ongoing volatility in technology markets.

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