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Jim Cramer urges focus on Anthropic IPO, calling it crucial for AI stock recovery over Nvidia CEO scandal.

Market News
10 Nov 2026, 12:23 WIB
Finbold
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Bullish
Jim Cramer urges focus on Anthropic IPO, calling it crucial for AI stock recovery over Nvidia CEO scandal.

Jim Cramer has urged investors to focus on Anthropic's upcoming IPO, calling it the most important market event currently, rather than distractions like Nvidia CEO Jensen Huang's alleged affair. Cramer believes Anthropic's IPO could be pivotal for the recovery of AI-related stocks, as the company is one of the few expected to generate significant revenue in the AI sector. Despite market challenges and a drop in Anthropic's valuation from $2 trillion to $1 trillion, the IPO is moving forward and could start trading soon. Cramer's view is that Anthropic's success or failure will heavily influence the broader AI investment landscape.

Nvidia shares are trading at USD 181.77 on Pluang as of Nov 10, 2026 17:11 WIB, showing a 1.74% gain in the last day. The stock's market cap stands at $4.51 trillion, reflecting its significant role in the AI sector. Pluang investors currently lean slightly bullish, with 55% of orders to buy Nvidia shares.

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