Why Jim Cramer thinks the AI trade is breaking up

After years of largely trading together, stocks related to artificial intelligence and the data center are starting to move in different directions, CNBC’s Jim Cramer said. “The Google complex cohort roared while the OpenAI complex got hammered. Meanwhile, the hyperscalers with great balance sheets held up much better than the ones with strained balance sheets,”…

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Nikkei 225, Hang Seng Index, CSI 300

The Sydney Opera House Sydney, New South Wales, Australia. Gallo Images | Brand X Pictures | Getty Images Asia-Pacific markets opened higher Thursday, after Wall Street gained as Fed rate-cut hopes grew and tech stocks rebounded. Japan’s benchmark Nikkei 225 index rose 0.85%, and the Topix index added 0.64%. Artificial intelligence-related stocks rallied on the…

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Alphabet’s Gemini poses a serious threat to OpenAI’s ChatGPT, Jim Cramer says

CNBC’s Jim Cramer explained why he thinks Alphabet‘s new iteration of its artificial intelligence platform, Gemini, could seriously challenge the dominance of OpenAI’s ChatGPT. “We have to recognize that Gemini’s the biggest threat to ChatGPT we’ve seen so far. There’s simply no two ways about it — Gemini’s existential for OpenAI,” he said. “The company,…

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Which tail is wagging the market dog?

What a week for markets. Global stocks posted their worst week since April as the heat around AI stocks began to burn. On Thursday, the Nasdaq marked its wildest swing from green to red since President Donald Trump’s ‘Liberation Day’ shocked equities back in April. And it reverberated around the world, with the Stoxx 600…

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Nvidia Blackwell, Google TPUs, AWS Trainium: Comparing top AI chips

Nvidia outperformed all expectations, reporting soaring profits Wednesday thanks to its graphics processing units that excel at AI workloads. But more categories of AI chips are gaining ground. Custom ASICs, or application-specific integrated circuits, are now being designed by all the major hyperscalers, from Google’s TPU to Amazon’s Trainium and OpenAI’s plans with Broadcom. These…

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