Amazon made plenty of news this week — from advances in the cloud business to questions about its partnership with the U.S. Postal Service — leaving investors with a lot to digest. The flurry of headlines comes at the end of a challenging year. The e-commerce and cloud giant’s stock is up 4.6%, compared to…
In this Club Check-in, CNBC’s Paulina Likos and Zev Fima break down big tech’s massive artificial intelligence spending spree — debating whether these billion-dollar bets will drive long-term cost savings or weigh on near-term returns. Mega-cap tech companies are shelling out billions of dollars to build out AI infrastructure. The big question we’re asking is…
Qnity Electronics — now spun off from DuPont — moved higher in its public debut on the New York Stock Exchange on Monday. The stock quickly earned an endorsement from Jim Cramer. “We have a nice position in Qnity, but we don’t own enough,” Jim said during Monday’s Morning Meeting . The Club received 812…
Amazon went from “Magnificent Seven” zero to hero in a matter of days. First, it was blowout earnings on Thursday night, followed by a 9.6% stock surge the next day. Then, on Monday, it was a big cloud deal with OpenAI, and the stock soared another 4.5%. Amazon came into last week’s earnings print as…
CrowdStrike , already one of our best stocks this year, has more room to run, according to Jim Cramer and a major Wall Street firm. Wells Fargo on Wednesday added CrowdStrike to its “tactical ideas list” and raised its price target to $600 a share from $550, implying more than 22% upside from the stock’s…
A new BlackRock deal could wisely position the asset manager to capitalize on surging demand for power as the generative AI boom shows no signs of slowing down. The news Global Infrastructure Partners (GIP), the infrastructure fund manager purchased by BlackRock, is nearing a $38 billion deal to acquire renewable power company AES , according to…
Costco beat on quarterly earnings and revenue, though some dings muted investor enthusiasm Friday. Overall, we considered Costco’s fiscal fourth quarter , ending Aug. 31, solid. But as Jeff Marks, director of portfolio analysis for the Club, wrote Thursday evening, the results were not perfect. Same-store sales, referred to as comparable sales or comps in…
Boeing may be on the verge of getting a massive order from China as a byproduct of President Donald Trump ‘s push for a broad trade deal between Washington and Beijing. This was exactly why we initiated a position in the U.S. aircraft maker earlier this month. Jim Cramer has been saying for months now…
The AI data center theme is alive and well, putting the wind at the back of Club names Eaton and GE Vernova . The strength of the data center was one of Jim Cramer’s takeaways from a recent trip to Kentucky to visit a Corning factory alongside the glassmaker CEO’s and Apple boss Tim Cook….
Another Broadcom earnings report, another breathtaking stock reaction in response. Shares of the AI chipmaker are soaring almost 11% Friday, sending the stock to a fresh all-time high and putting its market capitalization north of $1.5 trillion. The monster move evokes what we saw from Broadcom back in December, when shares flew 24% in a…
