CNBC’s Jim Cramer unpacked Tuesday’s market action and suggested that it can be worthwhile to stick with good stocks as they weather losses, telling investors to buy, not sell, into weakness. “When you get hit with a sell-off…that’s when you should buy more of your favorite growth stocks…the ones you’ve done the homework on and…
Nvidia CEO Jensen Huang on Tuesday brushed off a media report that said Oracle is seeing thin margins on its business of renting out Nvidia chips to customers. Oracle is “going to do incredibly well,” Huang said in an interview with Jim Cramer at the CNBC Investing Club’s Monthly Meeting, which was held Tuesday afternoon…
Nvidia CEO Jensen Huang says he’s optimistic that the United States and China can work through trade and technology disputes. It’s important to keep America at the forefront of the generative AI boom. “AI is going to be foundational and transformative to every single country. President Trump wants America to win the AI race,” Jensen…
Listen and subscribe to Opening Bid Unfiltered on Apple Podcasts, Amazon Music, Spotify, YouTube, or wherever you find your favorite podcasts. While Warren Buffett said, “our favorite holding period is forever,” occasional investor skittishness is nothing new. Yet has it gone to extremes? Despite solid stock market performance this year, “I think that we’re in…
My top 10 things to watch Tuesday, Oct. 7 1. Nvidia CEO Jensen Huang joins the Investing Club this afternoon at our October Monthly Meeting. Sign up to join the Club and watch my interview with Jensen. Lots to talk about from OpenAI to hyperscaler spending. 2. Goldman upgraded construction services firm Emcor to a…
We are selling 25 shares of Salesforce at roughly $247.71. Following the trade, Jim Cramer’s Charitable Trust will own 200 shares of CRM, decreasing its weighting to around 1.3% from about 1.5%. Salesforce shares rose 3% in afternoon trading on Monday after OpenAI announced that Slack — the communication and collaboration platform owned by Salesforce…
CNBC’s Jim Cramer opined on the accelerating artificial intelligence arms race, saying OpenAI’s latest deal with chipmaker AMD makes the ChatGPT owner more competitive. “The hyperscalers are all vulnerable if OpenAI gets this computing power,” he said. “And given the number of chips it’s buying, I think this company can go after everybody’s business.” The…
Stock Chart IconStock chart icon Remitly’s year-to-date stock performance. Remitly: “I don’t think you want to be there, I’d rather just be in a traditional bank.” Stock Chart IconStock chart icon Upbound Group’s year-to-date stock performance. Stock Chart IconStock chart icon USA Rare Earth’s year-to-date stock performance. USA Rare Earth: “We did a piece last…
Government shutdowns should, theoretically, matter to the stock market. A shutdown could hurt spending power for up to 900,000 people, the highest estimate I have seen for those to be furloughed. That’s a lot of people who will spend a lot less money – especially because most Americans live paycheck to paycheck. Shutdowns still don’t…
We recently published 12 Stocks Jim Cramer Mentioned In An Episode Where He Briefly Commented On Data Centers. Occidental Petroleum Corporation (NYSE:OXY) is one of the stocks Jim Cramer recently discussed. Cramer discussed Occidental Petroleum Corporation (NYSE:OXY) after a Wall Street Journal report suggested that Warren Buffett’s Berkshire Hathaway would buy the firm’s petrochemical business….