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☆ Cramer says new AI technology can't help bring down inflation just yet
▼ + stars: | 2024-05-13 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Monday reminded investors that much of the stock market currently depends on the Federal Reserve's interest rate decisions, which are hard to predict as inflation persists. He said he is hopeful new artificial intelligence technology will help cut costs, but stressed that it will not happen any time soon. To Cramer, AI will be a game changer. But the technology is not at a point where it can immediately fix high costs in sectors such as insurance, homes and apparel, he said. This week brings new inflation data: the producer price index on Tuesday and the consumer price index on Wednesday.

Persons: CNBC's Jim Cramer, Cramer Organizations: Fed

☆ Cramer's gig economy roundup: Where he stands on Uber, Lyft, DoorDash and Instacart
▼ + stars: | 2024-05-13 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday provided his take on four major stocks in the gig economy sector: Uber , Lyft , DoorDash and Instacart parent Maplebear . "After hearing from all of these companies, what I see is a confusing situation: Uber, DoorDash and Instacart are all lower after earnings, while Lyft managed to gain a bit of ground," he said. Uber: Cramer said Uber's recent quarter yielded solid results, but the ride-share company did report some weakness in bookings. Lyft: Lyft reported a good quarter, and Cramer noted that, unlike competitor Uber, it actually saw higher-than-expected bookings. AmazonUber, Lyft, DoorDash and Maplebear did not immediately respond to a request for comment.

Persons: CNBC's Jim Cramer, Lyft, Uber, Cramer, that's, he's, David Risher, Maplebear

☆ Cramer's Lightning Round: Don't buy MicroStrategy
▼ + stars: | 2024-05-13 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon AllianceBernstein's year-to-date stock performance. Stock Chart Icon Stock chart icon Confluent's year-to-date stock performance. Stock Chart Icon Stock chart icon MicroStrategy's year-to-date stock performance. Stock Chart Icon Stock chart icon AeroVironment's year-to-date stock performance. Stock Chart Icon Stock chart icon Albemarle's year-to-date stock performance.

Persons: I'm, We've, AeroVironment, Sterling Organizations: Sterling Infrastructure

☆ From Mike Tyson-Jake Paul fight to NFL games, Netflix interest in live sports is rising
▼ + stars: | 2024-05-12 | by ( Julie Coleman | ) www.cnbc.com time to read: +7 min

The company has also leaned into live comedy shows, broadcasting a slew of events including the recent roast of Tom Brady. But on its most recent earnings call in April, co-CEO Ted Sarandos said Netflix isn't "anti-sports, but pro-profitable growth." Conway teaches courses about sports leadership and management, and he spent much of his career as a marketing executive for two Major League Baseball teams. Over the past few years, Apple has bought the rights to air Major League Baseball and Major League Soccer games. CNBC reported last year that Netflix, as well as Amazon, Apple, Comcast's NBCUniversal/Peacock, had expressed potential interest in a contract.

Persons: Rafael Nadal, Tom Brady, Sarandos, Ted Sarandos, Mike Tyson, Jake Paul, Marty Conway, Conway, Needham, Laura Martin, Martin, Brandon Katz, Katz, NBCUniversal, Peacock, William Mao, Octagon, Tyson, Paul, Mao Organizations: Netflix, WWE, Georgetown University, Major League Baseball, Apple, Disney, Warner Bros . Discovery, Fox, Warner Bros, Major League Soccer, National Football League, National Basketball Association, CNBC, NFL, NBA, Comcast

☆ Cramer's Lightning Round: Bank of America is a buy
▼ + stars: | 2024-05-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Biogen's year-to-date stock performance. Stock Chart Icon Stock chart icon Kratos' year-to-date stock performance. Micron : "I like Micron, and I like Sanjay Mehrotra [buy, buy, buy!]." Stock Chart Icon Stock chart icon Bank of America's year-to-date stock performance. Stock Chart Icon Stock chart icon Chevron's year-to-date stock performance.

Persons: Kratos, that's, Sanjay Mehrotra Organizations: Micron, of America's, Fidelis Insurance Holdings

☆ Recursion Pharmaceuticals CEO explains how AI could make drug development faster and less costly
▼ + stars: | 2024-05-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Friday interview with CNBC's Jim Cramer, Recursion Pharmaceuticals CEO Chris Gibson discussed how his company is using artificial intelligence and machine learning to make the process of developing drugs faster and less expensive. Recursion Pharmaceuticals is a clinical-stage biotech company that received a $50 million investment from Nvidia last summer. "I think with clinical trials, there's still going to be a few years to get through the clinical trial space," Gibson said. Before Recursion's AI-focused approach, there wasn't a clear path toward making a drug to successfully tackle this disease, he said. "Think of it as, like, Google Street View driving around taking pictures of everything," he said.

Persons: CNBC's Jim Cramer, Chris Gibson, Gibson, there's Organizations: Pharmaceuticals, Nvidia Locations: U.S

☆ Cramer's week ahead: Earnings from Home Depot, Alibaba, Walmart
▼ + stars: | 2024-05-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday guided investors through next week's market action, telling them to pay attention to a number of earnings reports, including Home Depot , Alibaba and Walmart . He also suggested remarks from Federal Reserve officials will continue to shape the market, saying investors should tune in on Monday to commentary from Loretta Mester, the president of the Federal Reserve Bank of Cleveland. Alibaba also reports that day, and Cramer said if the quarter is good, Wall Street may be more inclined to buy Chinese stocks. Thursday brings earnings from Walmart , Deere and Applied Materials . He added that Applied Materials could have a solid quarter as its peer Taiwan Semiconductor just released a positive sales report.

Persons: CNBC's Jim Cramer, Loretta Mester, Cramer, Alibaba Organizations: Home, Walmart, Federal Reserve, Federal Reserve Bank of Cleveland, Cisco, Deere, Applied, Taiwan Semiconductor, Dow Locations: Alibaba, Nextracker

☆ Cramer reviews energy drink stocks that have seen declines, but says Celsius is worth buying
▼ + stars: | 2024-05-09 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Thursday reviewed two major players in the energy drink sector that have seen declines recently: Celsius and Monster . Wall Street has loved this sector in the past, Cramer said, but in March and April the two stocks have "turned ice cold," along with many other growth stocks. But he was optimistic about Celsius' future performance, saying he'd buy the stock over Monster. While tighter inventory from PepsiCo isn't ideal, Cramer said he thinks Celsius will be fine moving forward because the rest of its business is solid. He acknowledged that Celsius stock has started to rebound — finishing up 6.4% on Thursday — but said it's still a good time to buy since it remains down from its highs.

Persons: CNBC's Jim Cramer, Cramer, he'd, I'm, wasn't, —, it's Organizations: PepsiCo

☆ Cramer's Lightning Round: AMD is a buy
▼ + stars: | 2024-05-09 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Advanced Micro Devices' year-to-date stock performance. Stock Chart Icon Stock chart icon Southern Copper Corp's year-to-date stock performance. Stock Chart Icon Stock chart icon Corsair Gaming's year-to-date stock performance. Stock Chart Icon Stock chart icon Starwood Property Trust's year-to-date stock performance. Stock Chart Icon Stock chart icon XPO's year-to-date stock performance.

Persons: Lisa Su's Organizations: Devices, Southern Copper Corp, Logitech, Starwood, Starwood Property

☆ Cramer says to stick with good companies even when facing short-term losses
▼ + stars: | 2024-05-09 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Instead of trading in and out of good companies, they should invest long-term and be prepared for declines, he said. "You need to think about these kinds of challenges before you buy any stock, and most certainly before you sell any stock," Cramer said. Cramer reviewed Nvidia , Apple , Amazon and Tesla through this lens, saying they are "four companies with riveting stories and temperamental stocks." And investors shouldn't stick with stocks if their reasons for investing don't continue to hold up, Cramer added. Nvidia, Amazon, Apple and Tesla did not immediately respond to a request for comment.

Persons: CNBC's Jim Cramer, shouldn't, Cramer, it's, Tim Cook, Tesla Organizations: Nvidia, Apple, Tesla, Web Services

☆ Cramer says ongoing rally in utilities is a harbinger of economic slowdown
▼ + stars: | 2024-05-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

But for the [utilities] to rally this long, sorry, it is flashing red for the economy, telling us we're headed into the shoals of a slowdown." The average is made up of 15 major utilities stocks and has been climbing since April 16, finishing Wednesday up 0.54%. These stocks do well in a slowdown because they are not discretionary—consumers must pay their utilities bills, he said. Cramer reaffirmed his stance that signs of a slowing economy have been cropping up over the last several weeks, and this rise in utilities only furthers that theory. "At the end of the day, the [utilities], they never lie," Cramer said.

Persons: CNBC's Jim Cramer, we're, Cramer, Jerome Powell's, Jay Powell, he's Organizations: Dow

☆ Jim Cramer says guidance really matters as Wall Street senses a slowdown
▼ + stars: | 2024-05-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Wednesday said a company's guidance can make or break its stock in this tricky market environment. As Wall Street senses a slowdown, guidance can have more impact on a stock than it should, according to Cramer. Cramer said that investors could potentially buy some of these stocks if the Federal Reserve were to start cutting interest rates. But to him, it's important to keep in mind how much soft guidance can affect stocks right now. "You need to understand that in this market, even though the guidance is just the guidance, right now the guidance is all that matters."

Persons: CNBC's Jim Cramer, aren't, Cramer, Walt Disney, Datadog, Uber, Hugh Johnston Organizations: Disney, Federal Reserve

☆ Dutch Bros CEO details nationwide expansion strategy as company nears 900 locations
▼ + stars: | 2024-05-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Dutch Bros CEO Christine Barone discussed her company's expansion strategy in an interview with CNBC's Jim Cramer, saying the coffee chain focuses on training employees when they go to a new market. Barone said Dutch Bros is "on the path" to 4,000 stores and hit 876 locations this quarter. Dutch Bros beat analysts' expectations when it reported earnings Tuesday evening, and shares closed 11.79% higher Wednesday. The company's success follows a weaker-than-expected quarter from competitor Starbucks . Barone, who took over as CEO in January, attributed some of Dutch Bros' success to its emphasis on customer service.

Persons: Christine Barone, CNBC's Jim Cramer, Barone, they're, Laxman Narasimhan, We've Organizations: Dutch Bros, Bros, Starbucks Locations: Dutch, Oregon, West, Florida, Texas, Tennessee, East Coast

☆ Cramer's Lightning Round: CME Group is a buy
▼ + stars: | 2024-05-07 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Caterpillar's year-to-date stock performance. Stock Chart Icon Stock chart icon C3.ai's year-to-date stock performance. Stock Chart Icon Stock chart icon CME Group's year-to-date stock performance. CME Group : "[buy, buy, buy!] Stock Chart Icon Stock chart icon Tesla's year-to-date stock performance.

Organizations: CME

☆ Reddit CEO talks advertising, says consumers and companies are attracted to the platform
▼ + stars: | 2024-05-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

"People are on Reddit talking about what they love to do or what they're going to do. And so, it makes a not only fun experience around communities, but a really natural connection with ... a company's customers." Huffman described the variety of communities on Reddit and highlighted that many revolve around a certain hobby or interest. He said one of the things people do when they discover a new hobby is to discuss what gear they're going to buy in their Reddit community. One windfall for Reddit is its ability to attract and retain users of varying ages, Huffman said.

Persons: Reddit's, Steve Huffman, CNBC's Jim Cramer, Huffman, Wall, they're Locations: Reddit

☆ Cramer explains how to maintain a 'balanced' portfolio as the economy slows
▼ + stars: | 2024-05-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

He said it's wise for investors to maintain a balanced portfolio and prepare to weather some losses. He named the usual Big Tech high achievers —Nvidia , Meta , Alphabet , Amazon and Apple — as well as pharmaceutical stocks Merck and Pfizer . So he also suggested investing in companies poised to soar when the Fed starts to bring rates down, like Builders FirstSource . "If you put all your money in stocks that need rate cuts to win, you will be slaughtered," Cramer said. Meta, Alphabet, Amazon, Apple, Merck, Pfizer and Builders FirstSource did not immediately respond to a request for comment.

Persons: CNBC's Jim Cramer, I'm, Cramer, Apple —, you'll, Builders FirstSource Organizations: Federal Reserve, Big Tech, Nvidia, Meta, Apple, Merck, Pfizer, Fed, Builders

☆ Ahead of earnings, Cramer says many retailers have raised prices too high
▼ + stars: | 2024-05-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

To Cramer, McDonald's earnings' disappointed last week because its products have become too expensive. He said consumers no longer consider the burger chain to have bargain prices, something the the company could be reluctant to admit. Cramer also said Starbucks ' coffee may be too expensive, adding he's disappointed management doesn't seem to be talking about rolling back prices. Cramer also discussed how Dollar General and Dollar Tree might shape up against outfits like Walmart and Costco . McDonald's, Starbucks, Target, Dollar General, Dollar Tree and Costco did not immediately respond to requests for comment.

Persons: CNBC's Jim Cramer, Cramer, doesn't Organizations: Nordstrom, Walmart, Costco, Starbucks, Target

☆ Cramer's Lightning Round: Quanta Services is 'terrific'
▼ + stars: | 2024-05-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon AeroVironment's year-to-date stock performance. Stock Chart Icon Stock chart icon Nutanix's year-to-date stock performance. Stock Chart Icon Stock chart icon Altimmune's year-to-date stock performance. Stock Chart Icon Stock chart icon CVR Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Quanta Services' year-to-date stock performance.

Persons: it's Organizations: Mines, Eagle Mines, CVR Energy

☆ Jim Cramer says the sell off may be over, pointing to corrections in Big Tech
▼ + stars: | 2024-05-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer said the market sell-off may have reached an end, noting that the averages rallied on Monday and "maybe the worst is behind us." '"I think the sell-off could finally be over," he said. "Stop waiting for a correction to give you better buying opportunities, we just had one for heaven's sake." Cramer listed several tech companies that have had notable losses over the past few months, including Nvidia and Microsoft . Microsoft rallied after solid earnings and cloud business success, according to Cramer, but it still declined along with the rest of the market.

Persons: CNBC's Jim Cramer, Cramer, he's Organizations: Nvidia, Microsoft, Federal

☆ Cramer's week ahead: Earnings from Disney, Uber and Warner Bros. Discovery
▼ + stars: | 2024-05-03 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday guided investors through the upcoming earnings-packed schedule on Wall Street, saying to focus on reports from companies such as Uber , Disney and Warner Bros. Since April's labor report was weaker than expected, he said investors can worry less about the Federal Reserve's next move. Monday brings earnings from Simon Property Group and Tyson Foods , the latter of which Cramer said he thinks could be a "bounce-back play." Wynn Resorts and Reddit also release earnings that day, and Cramer said he thinks both could put up solid numbers. Cramer will be paying attention to Uber's report on Wednesday, saying he wonders whether its earnings will be hurt by competition from Lyft .

Persons: CNBC's Jim Cramer, Cramer, Warren, Reddit, Airbnb, Robinhood Organizations: Disney, Warner Bros ., Federal, Berkshire Hathaway, American Express, Apple, Cola, Occidental Petroleum, Simon Property, Tyson Foods, Wynn Resorts, Lyft, Toyota, AMC Entertainment, Warner Bros, Discovery, National Basketball Association, Akamai Technologies, Federal Trade, Capri, Enbridge

☆ Cramer says he likes Cracker Barrel, but investors should wait for more information before buying
▼ + stars: | 2024-05-03 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Friday analyzed Cracker Barrel 's business over the past few years, telling investors they should wait to buy the stock until the company gives a progress update on its conference call in two weeks. So as the competition raises prices to combat inflation, Cracker Barrel has less room to do so. Cramer also said he wants to know whether the company will cut its dividend. "I want to recommend Cracker Barrel, I really do," Cramer said. Cracker Barrel did not respond immediately to CNBC's request for comment.

Persons: CNBC's Jim Cramer, Cramer, Julie Felss Masino, Masino Organizations: Taco Bell

☆ Cramer's Lightning Round: GE Vernova is a buy
▼ + stars: | 2024-05-03 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon HCA Healthcare's year-to-date stock performance. Stock Chart Icon Stock chart icon GE Vernova' year-to-date stock performance. Live Nation Entertainment : "If it weren't for the fact that I fear a government investigation, I would say buy, buy, buy. Stock Chart Icon Stock chart icon Kyndryl's year-to-date stock performance. Stock Chart Icon Stock chart icon Dorian LPG's year-to-date stock performance.

Persons: it's, It's, Dorian LPG's, Dorian, I've Organizations: HCA, GE Vernova, GE

☆ Cramer says inflation data is driving market action, even during a major earnings week
▼ + stars: | 2024-05-02 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer said Thursday that investors need weaker figures from Friday's labor report if they want stocks to rally, adding that inflation data is what is truly driving market action. "I wish the market didn't work this way, but that's the reality, and it's why you need to bet against the U.S. economy tomorrow if you're hoping for higher stock prices." Cramer said he hates having to root against the economy, but investors are so focused on what "big picture data" might signal to the Fed that information such as the April jobs report controls market action — even during an influential earnings week. He also said the focus on the federal funds rate makes the stock market a "plaything" for those who want to bet on the Fed's next move. "It's absurd — it's the opposite of a stock picker's market."

Persons: CNBC's Jim Cramer, Cramer Organizations: Federal Locations: U.S

☆ Cramer says he's willing to pay up for Viking, the biggest IPO of the year
▼ + stars: | 2024-05-02 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Thursday reviewed the IPO of Viking , a cruise line whose market debut this week was the biggest of the year so far. And despite its hefty price tag, Cramer said he's willing to pay up for the stock. Viking stands apart from much of the competition — its ships don't have casinos, children aren't allowed, and it specifically targets a wealthy consumer. He conceded that Viking doesn't have a perfect balance sheet, but neither do the other publicly-traded cruise lines. But to Cramer, Viking deserves a premium.

Persons: CNBC's Jim Cramer, Cramer, he's, aren't, it's, Cramer , Viking, Viking's, Viking Organizations: Viking Locations: Iceland, Egypt

☆ Cramer's Lightning Round: General Motors is a buy
▼ + stars: | 2024-05-02 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon OneMain's year-to-date stock performance. Stock Chart Icon Stock chart icon SoundHound's year-to-date stock performance. Stock Chart Icon Stock chart icon Cracker Barrel's year-to-date stock performance. Stock Chart Icon Stock chart icon General Motors' year-to-date stock performance. Stock Chart Icon Stock chart icon NextEra Energy's year-to-date stock performance.

Persons: It's, it's, we'll, Motors, NextEra Organizations: General Motors, Financial, Heartland Financial, NextEra

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