Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. JPMorgan : CEO Jamie Dimon’s annual letter to shareholders is out. He thinks artificial intelligence can be as revolutionary as the printing press, steam engine, electricity, computing, and the internet. He also sees a broad range of interest … Read more
CNBC’s Jim Cramer said Tuesday that Elon Musk’s disclosure that he takes prescription ketamine for depression was courageous and “saved a lot of people from killing themselves.” “I defend him as much as possible because there are many people who would never be brave enough to admit they take this drug,” Cramer said on ” … Read more
Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Tesla : Shares rose 5% after the electric vehicle maker announced plans to increase prices of its Model Y cars in April. “The stock is reacting positively. … It’s just been the worst stock in the [ S … Read more
CNBC’s Jim Cramer said Thursday he believes Jensen Huang â the co-founder and CEO of leading artificial intelligence chipmaker Nvidia â is a bigger visionary than billionaire entrepreneur Elon Musk, whose panoply of companies includes Tesla , rocket maker SpaceX and brain-tech startup Neuralink. “I think that Musk can see around the corner, but I … Read more
Boeing : The aircraft maker changed leadership of its embattled 737 Max program. “Doesn’t matter. Boeing, the leadership from the top is the only leadership government cares about,” Jim Cramer said Thursday. Dow stock Boeing was down slightly. Etsy : Shares of the online marketplace for handmade goods dropped 8% on an earnings miss and … Read more
Expedia shares sank 19% on Friday after the company saw softness in air travel bookings and its CEO resigned. CNBC’s Jim Cramer said the magnitude of the stock decline may be an overreaction. While delivering an earnings-per-share beat and in-line revenue in the fourth quarter, bookings fell short, “largely driven by a reduction in average … Read more
United Parcel Service — The stock continued lower Wednesday, one day after falling more than 8% on a disappointing 2024 revenue outlook and an announcement of 12,000 layoffs . Jim said, “I don’t know if [CEO] Carol Tome can keep the job.” The fact is, he added, e-commerce is very strong and “she’s not participating … Read more
Clorox – The consumer products giant saw a huge earnings beat. It’s also rebounding from last year’s cyberattack. “Things are back online, and there’s tremendous demand for their product,” Jim said Friday’s Morning Meeting rapid fire. Tesla – The EV leader issued a recall for 2.2 million cars over a warning light issue. Remember, our … Read more
CNBC’s Jim Cramer said he’s never received more executive feedback on a “Mad Money” segment than he has for his Thursday night commentary in which he booted Tesla from the “Magnificent Seven” after the electric vehicle maker’s disappointing earnings report and 2024 outlook. “I’ve been doing a show for 19 years. … This was the … Read more
