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Believe In Elon Musk, Says Jim Cramer About Tesla, Inc. (NASDAQ:TSLA)
Insider Monkey15d agoneutral
Believe In Elon Musk, Says Jim Cramer About Tesla, Inc. (NASDAQ:TSLA)

As is the case with NVIDIA, Jim Cramer continues to believe in Tesla, Inc. (NASDAQ:TSLA) even though the shares have been weak. They are down by close to 1% over the past year and by a whopping 30% year-to-date. On the 23rd, Tesla Inc. (NASDAQ:TSLA)’s shares closed 14.5% lower. On the 22nd, the firm had […]

Jim Makes Subtle Yet Big Shift For Nvidia Corporation (NASDAQ:NVDA)
Insider Monkey15d agoneutral
Jim Makes Subtle Yet Big Shift For Nvidia Corporation (NASDAQ:NVDA)

Nvidia Corporation (NASDAQ:NVDA) is a stock that Jim Cramer has stuck by despite the relatively weak share price performance as of late. They are up by a rather modest 3.3% year-to-date and are down by 2.5% over the past month. Cramer continues to believe that Nvidia Corporation (NASDAQ:NVDA) is among the top companies in the […]

Jim Cramer Believes Cybersecurity Stocks Like Palo Alto & CrowdStrike Will Do Well
Insider Monkey15d agoneutral
Jim Cramer Believes Cybersecurity Stocks Like Palo Alto & CrowdStrike Will Do Well

Palo Alto Networks, Inc. (NASDAQ:PANW) and CrowdStrike Holdings, Inc. (NASDAQ:CRWD) are part of the cybersecurity sector, which Cramer has been a fan of. The former’s shares are up by 91% while the latter’s stock has gained 67% over the past year. In his Monday morning appearance, Cramer briefly commented on the firm’s support for the Open […]

Alibaba (NYSE:BABA) Is Supplying Moonshot With A Major Nvidia AI Cluster
Simply Wall St.15d agoneutral
Alibaba (NYSE:BABA) Is Supplying Moonshot With A Major Nvidia AI Cluster

Alibaba Group Holding (NYSE:BABA) is supplying cloud infrastructure to support a major Nvidia chip cluster for Chinese AI firm Moonshot. The deal is designed to power Moonshot's next generation AI models that are being developed to compete with leading global systems. Alibaba is both a key cloud provider and a major investor in Moonshot, linking its cloud strategy directly to AI model development. Alibaba Group Holding has been working to grow its cloud computing and AI capabilities...

Market Talk: Apple sinks, Amazon soars in split verdict on AI winners
Reuters Videos15d agobullishVIDEO
Market Talk: Apple sinks, Amazon soars in split verdict on AI winners

<body><p>STORY: :: Recorded on July 31</p><p>:: Lisa Bernhard, Reuters</p><p>:: Dean Smith, Portfolio Manager, FolioBeyond</p><p>Shares of Apple tumbled as much as 10% on Friday after a disappointing forecast showed that the iPhone maker was struggling to secure enough components as the AI-driven data center boom strains global supply chains.</p><p>The drop, if sustained, would erase nearly $500 billion from Apple's market capitalization and return the crown of the world's most valuable company to AI chip giant Nvidia, days after reclaiming it.</p><p>Meanwhile, shares of Amazon soared as much as 15% after the tech giant's solid cloud sales growth reinforced investor confidence in its massive AI bets.</p><p>"There's two really different trends going on," said Smith. "One is the hardware constraint, the [other is] cloud compute capacity, and those are going to continue to drive what we see in the AI investment thesis."</p><p>Next week, the focus will remain on AI when SpaceX delivers its first quarterly earnings results since going public.</p><p>"There's no mystery about how many rockets they're firing off, we can see them," said Dean with a laugh. "So what I'm looking for in SpaceX is to see what is their plan for the AI side of the business."</p></body>