Jim Cramer advises investors to be selective in the semiconductor rally, highlighting the need for discipline amid the AI hype. He criticizes Cerebras' IPO surge as 'fanciful' and reminiscent of 1999 tech bubbles, despite his bullish stance on AI. Cramer recommends established companies like Nvidia and Cisco, praising Cisco's recent strong performance and Nvidia's attractive valuation. He also supports memory and storage stocks like Micron and Western Digital, emphasizing the importance of understanding company fundamentals as AI enthusiasm grows.
The S&P 500 closed above 7,500 for the first time, driven by gains in AI-related stocks like Nvidia and Cerebras. Nvidia’s stock surged over 4%, pushing its CEO's net worth past $200 billion. The Dow Jones also surpassed 50,000, fueled by optimism fr...
NVIDIA shares rose 4.5% to $236, extending a 20% rally over the past month as investors anticipate its Q1 FY2027 earnings report on May 20. The stock has surged 74% over the past year, driven by strong demand for AI computing and a robust product roa...
Hyperscale cloud companies like Amazon, Alphabet, and Meta are investing over half a trillion dollars in AI infrastructure in 2026, with most spending directed to NVIDIA's chips and systems. NVIDIA forecasts $215.94 billion revenue for fiscal 2026 an...
Short sellers are increasingly betting against companies that have jumped on the AI bandwagon with questionable business models or fake AI branding, warning that the current AI-driven stock rally resembles past speculative manias. Some firms have reb...
President Donald Trump disclosed a large purchase of U.S. stocks, including $1 million to $5 million each in Boeing and Nvidia shares, made on February 10. These investments come as Boeing and Nvidia anticipate new business opportunities linked to Tr...
