Jim Cramer warns investors that heavy reliance on index funds, skepticism of obvious AI investment themes, and lingering fears from the dot-com bust may cause them to miss out on major AI market winners. He highlights Snowflake's recent 36% stock surge after strong earnings and a $6 billion AWS deal as an example. Cramer encourages investors to look beyond index funds and consider profitable AI-related companies like Salesforce, Oracle, and Microsoft. He believes the AI data center boom has significant growth potential ahead, unlike the speculative internet bubble of the late 1990s.
U.S. stocks reached record highs with the S&P 500 up 0.5%, driven by strong gains in AI-related companies like Snowflake, which surged 37% after exceeding earnings and revenue expectations. The market optimism followed a 60-day ceasefire extension be...
The Nasdaq Composite reached an intraday record high driven by cooler-than-expected U.S. inflation data and reports of a 60-day Iran ceasefire framework, which eased fears over oil supply and inflation. Technology stocks, led by a 35% surge in Snowfl...
US stock indices including Nasdaq 100, Dow Jones 30, and S&P 500 are experiencing volatile and choppy trading as investors closely monitor interest rate developments. The Nasdaq 100 is hovering around the 30,000 level, seen as a key support and poten...
US stock futures fell following US strikes on Iranian drone sites near the Strait of Hormuz, heightening Middle East tensions. Major indices showed slight declines, with the Russell 2000 small-cap index down. Earnings reports drew attention: Snowflak...
Snowflake reported a strong Q1 FY27 with 33% revenue growth, surpassing analyst expectations by 5.3 percentage points. The company's AI-driven product revenue also grew 33%, and its backlog increased 38% to about $9.2 billion, signaling strong demand...
