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Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. We're adding another stock to our Bullpen watch list: chemical giant Dow Inc. "I am interested in Dow chemical," Jim Cramer said after speaking with CEO Jim Fitterling. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Jim, gunning, Jim Fitterling, Dow, Cramer, Jim Cramer's Organizations: CNBC, Wall, Federal, Caterpillar, Dow Inc, Dow, Fed, DuPont Locations: China
DuPont preannounced disappointing earnings results before the opening bell Wednesday, sending the stock down roughly 13%. Operating fourth-quarter EBITDA (earnings before interest, taxes, depreciation, and amortization) is expected to be about $715 million, operating cash flow about $640 million, and adjusted free cash flow is expected to be about $500 million. That compares to estimates, according to FactSet, of $746 million, $573 million and $447 million, respectively. These forecasts represent across-the-board misses versus Street expectations for sales of $3.04 billion, operating EBITDA of $751 million, and earnings of 88 cents per share. Given the slower recovery and impact on 2024 earnings, we are reducing our DuPont price target to $78 per share from $85.
Persons: We're, That's, destocking, it's, Dupont, Patience, Danaher, Jim Cramer's, Jim Cramer, Jim, Jeff Fusco Organizations: DuPont, LSEG, Caterpillar, Nvidia, Danaher, Devices, AMD, Broadcom, CNBC Locations: Wilmington , Delaware
Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Investors tend to assign a premium to software revenue because it is often recurring and higher margin than hardware. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, Jim, downgrades, preorders, we've, Jim said, Salesforce, Baird, Dupont De, Dupont, Walt Disney, Nelson Peltz, Estee Lauder, Fabrizio Freda, We've, he's, it's, Locker, Mary, Vimal Kapur, Eli Lilly, Lilly, Meta's Ray, Morgan Stanley, Ted Pick, James Gorman, , chipmaker, It's, hasn't, Stanley Black, Decker, Wells, Charlie Scharf, We'll, Jim Cramer, Jim Cramer Rob Kim Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, mojo, Vision Pro, Broadcom, VMWare, Bausch Health, Caterpillar, Dupont, Costco Wholesale, Coterra Energy, Dupont De Nemours, Disney, Eaton Corp, Ford, Holding, Federal Reserve, GE Healthcare, Wall, Google, Honeywell, Boeing, Airbus, Linde, Facebook, Microsoft, Nvidia, Alto Networks, Palo Alto, Procter & Gamble, Constellation Brands, Modelo, TJX, Wynn Resorts, We've, Wynn, Jim Cramer's Charitable Locations: China, Indonesia, Brazil, India, U.S, Shenzhen, We're, Eaton, Ford, That's, Palo, Palestine, Wells Fargo, Wynn, Macau
Nobody wants to touch a SPAC, says Bullpen's Davidson
  + stars: | 2024-01-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNobody wants to touch a SPAC, says Bullpen's DavidsonDuncan Davidson, Bullpen Capital founding partner, joins 'The Exchange' to discuss why he expects a second wave of IPOs in 2024, why he believes that the SPAC craze is over, and more.
Persons: Bullpen's Davidson Duncan Davidson Organizations: Capital
HOUSTON (AP) — Hard-throwing reliever Josh Hader and the Houston Astros finalized a $95 million, five-year contract on Monday. Hader will get a $19 million salary in each of the next five seasons, none of it deferred. He gets a full no-trade provision and would receive a $1 million bonus for winning the Mariano Rivera/Trevor Hoffman Reliever of the Year Award. Houston reached the agreement three days after announcing reliever Kendall Graveman will miss the season after right shoulder surgery. Because Hader turned down a qualifying offer, San Diego will receive an extra pick in next July’s amateur draft.
Persons: Josh Hader, Hader, Mariano Rivera, Trevor Hoffman, Edwin Díaz’s, won’t, Ryan Pressly, Rafael Montero, Bryan Abreu, Héctor Neris, Kendall Graveman, ___ Organizations: HOUSTON, Houston Astros, New York Mets, Astros, Houston, San Diego, Padres, Star, NL, Brewers, Baltimore Locations: San Diego, Milwaukee, Maryland, Houston
The Dow Jones Industrial Average set its first record close since January 2022 in December and ended Friday's session at a record high above 37,800. The Nasdaq, on the other hand, ended Friday at 15,310.97 — meaning it needs to rally about 5% more to take out its Nov. 19, 2021 record high. It is worth noting that the Nasdaq 100 , which is weighed more heavily in Big Tech, did close at another record high Friday. Quite a bit has happened on Wall Street since the S & P 500's old high in January 2022. Take a look below to see how 31 of our 32 current Club stocks have fared between the S & P 500's record closes.
Persons: Eli Lilly, Jim Cramer, tirzepatide, Tirzepatide, Lilly, , Eaton, we've, it's, Jim Cramer's, Jim, Spencer Platt Organizations: Nvidia, Palo Alto Networks, Palo, Dow Jones, Nasdaq, Big Tech, Federal Reserve, GE Healthcare, Abbott Labs, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Palo, Palo Alto, Covid, New York City
We don't know what we want. The rails are too significant to ignore even as the bond market seems to rely, I would say, wrongly, on the broader data. I think it's a factor of big money flows that aren't sensitive to what moves rates and don't mind being wrong. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Tesla, ServiceNow, Bill McDermott, Russell, , Abbott, Gamble, Jon Moeller, Heels, what's, hasn't, Steve Jobs, Ray, Kimberly, Clark, Jim Cramer's, Jim Cramer, Jim, Virginia Sherwood Organizations: Union Pacific, CSX, Norfolk Southern, Federal Reserve, Silicon Valley Bank, Microsoft, Nvidia tacking, Google, Apple, Nvidia, JPMorgan Healthcare Conference, Abbott Laboratories, Investing, JPMorgan, Novartis, Walgreens Boots Alliance, Procter, Super, YouTube, Netflix, Vision, Pro, Jim Cramer's Charitable, CNBC, NYSE Locations: U.S, Silicon, San Francisco, Amgen, China
The latest financial results and commentary from the world's biggest third-party chipmaker gave a big boost Thursday to Apple and semiconductor stocks, including artificial intelligence leader Nvidia . Taiwan Semiconductor Manufacturing Company , whose customers include the likes of Apple, Nvidia and fellow Club stock Broadcom , said its fourth-quarter revenue from smartphone chips grew a better-than-expected 27% on a quarterly basis. "Let's not overthink it: Apple and Nvidia are the two that are most obvious" beneficiaries from TSMC's results, Jim Cramer said Thursday. Previously, TSMC had said AI chips were on track to become a "low teens" percentage of its revenue. TSMC's results and guidance Thursday offer so-called "read-throughs" on its customers, many of which are Club stocks such as Apple, Nvidia and Broadcom.
Persons: chipmaker, downgrades, TSMC, Jim Cramer, Goldman Sachs, TSMC's bullishness, Linde, that's, Jim Cramer's, Jim Organizations: Apple, Nvidia, Taiwan Semiconductor Manufacturing Company, Club, Broadcom, Qualcomm, Bank of America, Wall Street, Google, Devices, AMD, TSMC, KeyBanc Capital, LIN, Linde, DuPont, Electronics, CNBC, Bloomberg, Getty Locations: China, Hsinchu, Taiwan
Shortly after the opening bell, we will exit our position in Humana , selling 85 shares at roughly $388. Following the trade, Jim Cramer's Charitable Trust will no longer own shares in the managed care provider. Humana shares are falling in the premarket on a couple of negative updates that are meaningful enough to change our investment thesis — forcing us to sell the rest of our very small position. The reason behind the shortfall was higher-than-expected Medicare Advantage medical costs, driven by greater inpatient utilization and a further increase in outpatient surgery costs. Shortly before we first bought Humana in 2022, the company announced a similar shortfall to its Medicare Advantage growth.
Persons: Jim Cramer's, Humana, reinvest, Jim Cramer, Jim Organizations: Humana, Jim Cramer's Charitable, CNBC
The S & P 500 Health Care Sector index has outperformed the broader S & P 500 in just three of the past eight presidential election years dating back to 1992, according to FactSet data. So far in 2024, health care has been the best-performing sector in the S & P 500, climbing roughly 2%. .GSPHC .SPX YTD mountain Health care sector vs. S & P 500 YTD It's way too early for any grand predictions with Election Day 2024 about 10 months away. Nevertheless, we see attractive fundamentals in the year ahead for a host of health-care stocks, giving us the confidence to own Lilly, GE Healthcare and Danaher despite what history says about the group in presidential election years. After a strong 2022 for health care in a terrible overall market, investors last year placed a lower emphasis on the defensive characteristics of health care.
Persons: , that's, Eli Lilly, Lilly, Jim Cramer, Jim, Sen, Bernie Sanders of, Joe Biden, Sanders, would've, Damien Conover, Conover, Biden, Eli Lilly's, Morningstar, Amgen, Morningstar's Conover, Lilly's donanemab, Humana, Bausch, Jim Cramer's, Frederick Florin Organizations: Health, GE Healthcare, Abbott Laboratories, Amgen, Novartis, Walgreens Boots Alliance, JPMorgan Healthcare Conference, Democratic, Morningstar, CNBC, Horizon Therapeutics, Novo Nordisk, Federal Reserve, General Electric, Medicare, Humana, UnitedHealth Group, Investors, AFP, Getty Locations: San Francisco, U.S, Bernie Sanders of Vermont, Canadian, Fegersheim, France
We will go over them – but first, let me talk about what I learned at last week's JPMorgan Health Care Conference that I attended in San Francisco, and what it means to your portfolio. We know health care has a lot of angles too it. The previous CEO Roz Brewer was from Starbucks and struggled with the role that Walgreens plays in health care. You have to be following the transformation of Bristol-Myers, which is opening its wallet to buy a host of drug companies, including anti-psychotic firm Karuna. Health care is the way to go.
Persons: Regeneron, Pfizer, Eli Lilly, Dave Ricks, Lilly, donanemab, Lilly's, Zepbound, it's, Abbott, It's, Roche, Merck, Myers, ABT, Robert Ford, Tim Wentworth, He's, Roz Brewer, Wentworth, he'll, Brewer wasn't, Bob Bradway, Amgen, Vas Narasimhan, Sandoz, Karuna, Medtronic, Hugo, Morgan Stanley, Wells, Covid, Cramer's, Jim Cramer, Jim, Las Vegas Brendan Smialowski Organizations: Abbott Labs, Covid, Novartis, Amgen, Walgreens Boots Alliance, JPMorgan Health Care Conference, Humana, Drug Administration, Novo Nordisk, Dickinson Co, Bristol, Myers Squibb, Pfizer, Department, WBA, Walgreens, Starbucks, -, pharma, Merck, Keytruda, Horizon Therapeutics, Federal Trade Commission, Myers, BD, CVS Health, JPMorgan, Cramer's Charitable, CNBC, Consumer, AFP, Getty Locations: San Francisco, GLP, North Carolina, Europe, Cencora, Amgen, West, Bristol, Target, Las Vegas
We always recommend an investor's first $10,000 should go to an S & P 500 index fund. So one option for putting all your money to work without making any one stock position too big is to keep adding to your index fund. Or maybe you own five names at 8% each, 15% in cash, and the remaining 45% in an index fund. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Scott L, Jim, Josh Edelson Organizations: Apple, Nvidia, Microsoft, CNBC, Apple's Worldwide, Afp, Getty Locations: Cupertino , California
November 1 - PHOENIX -- The Texas Rangers exploded for back-to-back five-run innings, turning a Halloween Game 4 of the World Series into a nightmare for the Arizona Diamondbacks and their fans Tuesday night. The Rangers rolled to an 11-7 win to take a 3-1 lead in the best-of-seven series. They are one victory away from their first World Series championship. Corey Seager struck again with his third two-run homer of the World Series, his sixth postseason long ball. Texas won its 10th consecutive postseason road game, the longest winning streak of its kind in baseball playoff history.
Persons: Marcus Semien, Corey Seager, Jonah Heim, Miguel Castro, Kyle Nelson, Luis Frias, Frias, Travis Jankowski's, Andrew Heaney, Adolis Garcia, Max Scherzer, Garcia, Lourdes Gurriel Jr, Tommy Pham, Gabriel Moreno, Jose Leclerc, Ketel Marte, Jose M, Romero Organizations: Texas Rangers, Arizona Diamondbacks, Rangers, Texas, Arizona, Diamondbacks, Thomson Locations: Texas
November 1 - PHOENIX -- The Texas Rangers are one win away from their first World Series title, and they will ask Nathan Eovaldi to finish off the Arizona Diamondbacks in Game 5 on Wednesday. The Rangers took the 48,388 fans out of the game early with five-run innings in the second and third. Texas, which is a record 10-0 on the road in the postseason, will look to complete a perfect away run behind Eovaldi. Eovaldi allowed five runs on six hits in 4 2/3 innings in Game 1, which Texas won 6-5 in 11 innings. The Rangers will have to go the rest of the World Series without injured slugger Adolis Garcia, who racked up eight home runs and 22 RBIs in the postseason.
Persons: Nathan Eovaldi, Marcus Semien, Eovaldi, Zac Gallen, Gallen, I'm, Adolis Garcia, Travis Jankowski, Ezequiel Duran, Garcia, Max Scherzer, Brock Burke, Burke, Bruce Bochy, Jose M, Romero Organizations: Texas Rangers, Arizona Diamondbacks, . Texas, The Rangers, Diamondbacks, Texas, Eovaldi, Arizona bullpen, Rangers, American League, Baltimore Orioles, Thomson Locations: Texas
October 31 - PHOENIX -- The Texas Rangers look to grab a commanding 3-1 advantage Tuesday night when they face the Arizona Diamondbacks in Game 4 of the World Series at Chase Field. The Diamondbacks counter with lefty Joe Mantiply, an All-Star in 2022 who made his first career World Series appearance in Game 1. The Diamondbacks come off their first World Series game at their home ballpark in 22 years. Second baseman Ketel Marte has hit safely in each of his first 19 postseason games, the longest streak in MLB postseason history. The Diamondbacks used Kyle Nelson, Miguel Castro, Luis Frias and Andrew Saalfrank out of their bullpen in Game 3.
Persons: Corey Seager, Max Scherzer, Jon Gray, Josh Sborz, Aroldis Chapman, Jose Leclerc, Andrew Heaney, Heaney, Joe Mantiply, Seager, Adolis Garcia, Garcia, Bruce Bochy, Ketel Marte, we've, Torey Lovullo, Kyle Nelson, Miguel Castro, Luis Frias, Andrew Saalfrank, Mantiply, Ryne Nelson, Ryan Thompson, Kevin Ginkel, Paul Sewald, Jose M, Romero Organizations: Texas Rangers, Arizona Diamondbacks, Chase Field, Chase Field . Texas, Diamondbacks, Arizona, Rangers, The Rangers, Major League Baseball, Thomson Locations: Chase Field ., Mantiply
Seager’s third two-run homer of the Series capped the second, Semien’s drive punctuated the third and Jonah Heim added an eighth-inning shot. Forty-two of 49 previous teams to take 3-1 leads have gone on to win the World Series. After leading the Los Angeles Dodgers to the 2020 title, he could join Sandy Koufax, Bob Gibson and Reggie Jackson as the only two-time World Series MVPs. After a World Series opened with three errorless games for the first time, Arizona’s defense cracked at an inopportune time. TWO-OUT THUNDEROnly the Boston Red Sox scored more runs with two outs in a World Series game, getting 11 in the 2007 opener against Colorado.
Persons: — Marcus Semien's, Corey Seager, Jonah Heim, Nathan Eovaldi, Zac Gallen, Miguel Castro's, Christian Walker —, Seager, Sandy Koufax, Bob Gibson, Reggie Jackson, Travis Jankowski, Adolis García, “ We’re, ” Seager, ” Andrew Heaney, José Leclerc, Lourdes Gurriel Jr, Chris Stratton, Tommy Pham, Gabriel Moreno, Torey Lovullo, Josh Jung, Joe Mantiply, Castro, Jung, Kyle Nelson's, Nathaniel Lowe, Luis Frías, Heim, Walker, Jankowski, Ryne Nelson, Ketel Marte, Max Scherzer, Ezequiel Durán, LHP Brock Burke, Burke, , Evan Carter, Gallen, ___ Organizations: PHOENIX, Rangers, Arizona Diamondbacks, Diamondbacks, Senators, Chicago Cubs, Cleveland, Texas, AL, Los Angeles Dodgers, Arizona, Chase Field, Semien, Boston Red Sox, Colorado Locations: Texas, Arizona, Semien, Friday’s
“Just trying to make the play,” Seager said. YOUNG AND CLEAN(UP)Texas' Evan Carter became the fourth-youngest player to hit cleanup in a World Series game at 21 years, 62 days. BEEN A WHILEThis was the first World Series game played at Chase Field since Nov. 4, 2001, when the Diamondbacks beat the Yankees 3-2 in Game 7 after Luis Gonzalez's walk-off hit against Mariano Rivera clinched the series. The D-backs lost Monday for the first time in the World Series at Chase Field. BIG SWINGThere have been 62 previous instances in World Series history when the series was tied at 1-1 after Game 2.
Persons: — Corey Seager, Max Scherzer, Scherzer, Adolis, “ We’re, ” Seager, , Seager —, , Brandon Pfaadt, Christian Walker, García, Jon Gray, Josh Sborz, Aroldis Chapman, José Leclerc, , Marcus Semien, “ Adolis, haven’t, ” Gray, Leclerc, Gray, Emmanuel Rivera, Chapman, Geraldo Perdomo, Corbin Carroll, Seager, Ketel, Marcus, Walker, Pfaadt, Tommy Pham, Tony Perezchica, Torey Lovullo, Alek Thomas, Josh Jung, Thomas, he'll, Evan Carter, Bruce Bochy, Carter, Miguel Cabrera, Ty Cobb, Juan Soto, Luis Gonzalez's, Mariano Rivera, Lovullo, “ Don Drysdale, “ It’s, ” Drysdale, of Famer Sandy Koufax, Bochy, ___ Organizations: PHOENIX, Texas Rangers, Arizona Diamondbacks, Chase, Diamondbacks, Chase Field, Ketel Marte, Rangers, Yankees, NEXT, Los Angeles Dodgers, of Famer, Dodgers Locations: Texas, Arizona, ” Texas, Semien, Southern California
Marte has a hit in every postseason game he's ever played. A night after wasting a two-run, ninth-inning lead in a 6-5, 11-inning loss, the Diamondbacks outhit Texas 16-4 and never trailed. Lourdes Gurriel Jr. and 38-year-old Evan Longoria each singled in a run for Arizona, which got its first World Series road win after four losses dating to 2001. Political Cartoons View All 1223 ImagesThe Series, just the third between wild-card teams, shifts to Arizona for Game 3 on Monday in the first Series game at Phoenix since 2001. He singled in the second, hit opposite-field doubles to right in the fourth and sixth, and singled in the eighth.
Persons: — Merrill Kelly, Ketel Marte, Gabriel Moreno, Jordan Montgomery, Tommy Pham, Marte, Derek Jeter, Manny Ramírez, Hank Bauer, he's, Emmanuel Rivera, Corbin Carroll, Lourdes Gurriel Jr, Evan Longoria, Kelly, detoured, Mitch Garver’s, Pham, Montgomery Montgomery, Moreno, Montgomery, Alek Thomas, Longoria, Josh Jung, Caroll, Martín, Walker, . Walker, Jonah Heim’s, Max Scherzer, Brandon Pfaadt, ___ Organizations: Arizona Diamondbacks, Texas Rangers, Diamondbacks outhit Texas, Phoenix, Arizona, New York Mets, Houston, AL, Diamondbacks, NEXT Texas, Detroit Locations: ARLINGTON , Texas, Arizona, South Korea, Washington
ARLINGTON, Texas (AP) — Paul Sewald watched the end of his first World Series game in the Arizona Diamondbacks clubhouse and the trainer's room, not from the center of a celebration on the mound as he had imagined. Arizona won that thrilling classic in seven games, but now the team's last three World Series losses have all followed tying home runs in the ninth. The Diamondbacks' bullpen entered Friday with a 2.94 ERA this postseason and hadn't blown a save since the regular season. Arizona pitchers, however, lost their grip in the World Series opener. “You can’t walk 10 batters in a World Series game and expect to hold them in the situation that we held them in,” Lovullo said.
Persons: — Paul Sewald, , ” Sewald, Leody Tavares, Marcus Semien, Sewald, Corey Seager, Adolis García, Miguel Castro, Torey Lovullo, , Byung, Hyun Kim, Tino Martinez’s, Derek Jeter’s, Scott Brosius ’, Seager, ” Lovullo, ” Seager, “ Seager, you've, ” Castro, Kyle Nelson, García, Nelson, ” Nelson Organizations: Arizona Diamondbacks, Texas, Rangers, , Diamondbacks, New York Yankees, Arizona, Taveras, Sewald Locations: ARLINGTON , Texas, Arizona
This one won an extended Game 1 of the World Series for the Texas Rangers. If I did that, I’d be screaming, too,” Texas second baseman Marcus Semien said. “It's going to be a really good series,” García said. He became the first position player in MLB history to appear in a World Series 15 years after first playing in the Fall Classic. He also became the fourth player with a World Series hit at both age 23 or younger AND 38 or older.
Persons: Adolis García, Corey Seager's, mobbed, , Josh Jung, ” Miguel Castro, El Bombi, Corbin Carroll, García, Max Muncy, Nathan Eovaldi —, ” García, Evan Carter's, Merrill Kelly, Jordan Montgomery, Seager, Paul Sewald’s, Leody, Bruce Bochy, ” José Leclerc, that's, we’ve, Torey Lovullo, ” Seager’s, Tony Beasley, , Marcus Semien, ” Seager, Tommy Pham, Ketel, Carroll, Zac Gallen, Mitch Garver, Gallen, Ryan Thompson, Joe Mantiply, Kevin Ginkel, Sewald, “ It's, Evan Longoria’s, Eddie Murray, Pee Wee Reese, Willie Mays, David Freese, Freese, ___ Organizations: Texas Rangers, Arizona Diamondbacks, ” Rangers, Los Angeles Dodgers, Boston, Rangers, Kansas City Royals, New York Mets, Arizona, Diamondbacks, Houston, Star, Marte, NL, Tampa Bay Rays, League, Rays, St, Louis Cardinals, Texas, Kelly Locations: ARLINGTON , Texas, Texas, Arizona, ” Texas
The major supplier of semiconductors that power PCs beat earnings estimates and issued strong revenue guidance, sending shares roughly 10% higher on Friday. "They're winning a lot of business and there should be some new product," Cramer said on "Squawk on the Street." If you like this story, sign up for Jim Cramer's Top 10 Morning Thoughts on the Market email newsletter for free. AMD and Intel dominate the market for central processing units, or CPUs, that are the brains of PCs. There was a report this week, however, that Nvidia might be looking to leverage its alliance with Arm Holdings (ARM) to make CPUs.
Persons: Jim Cramer, They're, Cramer, Jim Cramer's, Jim Organizations: Intel, Devices, AMD, Cramer's, Nvidia, Arm Holdings, Apple
PHILADELPHIA (AP) — Trea Turner had the moment that could have pushed the Phillies toward the World Series waiting for him. Harper, though, lined a 2-1 fastball to center to end the scoring threat, the inning — and Philadelphia's last, best chance to return to the World Series. The Diamondbacks used a walk-off Game 3 single and a tying two-run homer late in a Game 4 win that wiped out an 0-2 NLCS hole. Castellanos struck out — one of 11 in the NLCS — and, after a walk to Brandon Marsh, Thomson let the light-hitting Rojas take his cuts. The Phillies have not won a World Series since 2008.
Persons: — Trea Turner, , Turner, Kevin Ginkel, Bryce Harper, Harper, Nick Castellanos, Johan Rojas, Philly Rob, Rob Thomson, Alec Bohm, Castellanos, Brandon Marsh, Thomson, Rojas, Zack Wheeler, Wheeler, Suárez, ___ Organizations: PHILADELPHIA, Phillies, Arizona’s, Diamondbacks, MLB Locations: Philadelphia
The company commands a dominant position in the market for chips used in AI model training. But the question that still lingers in our minds is whether that growth can be substantial enough to meet the lofty, multiyear expectations that became baked into Nvidia's stock price in recent months. Based on the Reuters report, the potential boost to revenue wouldn't arrive for more than a year, and it's unclear what Nvidia's market share would look like then. Another reason for tempered enthusiasm: The gross margins on PC CPUs are typically smaller than Nvidia's data-center chips, a market in which the company has pricing power. Bottom line Nvidia's potential foray in PC CPUs is a development that we'll continue to monitor, but it doesn't put to rest longer-term questions around China.
Persons: Jim Cramer, Jim, Biden, Washington's, Grace Hopper superchip, it's, doesn't, Jim Cramer's, Tyrone Siu Organizations: Nvidia, of Commerce, Reuters, Microsoft, Arm Holdings, Intel, Devices, AMD, Bank of America, Apple, Qualcomm, CNBC, Nvidia Corporation Locations: China, Silicon Valley, U.S, Taipei, Taiwan
HOUSTON (AP) — Max Scherzer is set to pitch another Game 7 in Houston with visiting teams undefeated in the series. Texas also won Games 1 and 2 in Houston. Cristian Javier, the Game 3 winner when the defending World Series champion Astros won 8-5, will pitch again for Houston. The 26-year-old right-hander is 6-1 with a 2.08 ERA in 16 postseason games, winning all four of his starts. You look at matchups and things like that, but they’re all ready to go.”Scherzer will be making his 24th postseason start for five different teams.
Persons: — Max Scherzer, Max, Scherzer, Cy Young, , Nathan Eovaldi, “ He’s, Cristian Javier, ” Javier, It’s, Nate, Bruce Bochy, , David Wells, ___ Organizations: HOUSTON, Texas Rangers, Washington, Nationals, Astros, The Rangers, Houston, Rangers, New York Mets, ” Rangers, Detroit, Los Angeles Dodgers, Yankees Locations: Houston, Texas, Arlington, Detroit , Washington, Cincinnati, Baltimore, Boston, San Diego
A bullpen meltdown of their own cost the Phillies a chance to take a commanding lead in the NL Championship Series. Craig Kimbrel gave up three runs in the eighth, including two on pinch-hitter Alek Thomas' tying homer into the Chase Field pool, and the Phillies lost 6-5 to the Diamondbacks on Friday to tie the NLCS at 2-all. Political Cartoons View All 1211 ImagesKyle Schwarber hit a solo homer and Brandon Marsh added a run-scoring double to tie the game at 2. Phillies manager Rob Thomson was criticized for using Orion Kerkering late in Game 3 after the rookie blew a 1-0 lead. But he wasn’t the only one.”With his team still leading 5-3, Thomson summoned Kimbrel for the eighth inning instead of waiting for the ninth.
Persons: Craig Kimbrel, Alek Thomas, J.T, Realmuto, , Kyle Schwarber, Brandon Marsh, Rob Thomson, Thomson, Kerkering, Christian Walker, ” Thomson, Kimbrel, Ketel Marte, Lourdes Gurriel Jr, Thomas, Marte, Corbin Carroll, Gabriel Moreno, José Alvarado, ” Kimbrel, , Gregory Soto, Alvarado, “ We've, They've, Paul Sewald, ___ Organizations: PHOENIX, Phillies, Chase, Diamondbacks, ” Phillies, NL, Orion, Atlanta, Arizona Locations: Philadelphia, Kimbrel
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