Cramer's Lightning Round: 'I'm going to have to take a pass on' Fluence
GE Vernova: "At this point, we're going to wait for GE Vernova to come in."
Nebius: "CoreWeave. Just buy CoreWeave, don't deviate."
Taiwan Semiconductor: "...I would rather just see what they report at this point."
Quantum Computing: "It's a money-losing company, and if we get rid of the fervor for the moment about quantum, you'll be buying that $17 stock at $7. And that's what I worry about the most."
Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest smarter.Disclaimer
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNBC
16 minutes ago
- CNBC
Lightning Round: I'm all in on CoreWeave, says Jim Cramer
'Mad Money' host Jim Cramer weighs in on stocks including: Shutterstock, Energy Transfer, StoneX and Nebius Group.
CNBC
2 hours ago
- CNBC
Jim Cramer says Big Tech is underspending on AI. Here's why they may need to spend more
CNBC's Jim Cramer on Thursday affirmed his faith in the earnings power of artificial intelligence, telling investors that Big Tech hyperscalers aren't spending too much on the new technology. "These companies aren't overspending on AI, they are actually underspending on AI," Cramer said. "See, this is a winner-take-all, loser-take-none situation. The only reason to spend less is if you don't believe you can win." Tech megacaps have been shelling out more and more money on AI as the race for dominance in the field intensifies. Meta, Amazon, Alphabet and Microsoft intend to spend as much as $320 billion combined on AI technology and datacenter buildouts in 2025, CNBC reported. That's a marked increase from $230 billion in total capital expenditures in 2024. Companies have especially been clamoring for AI products from Nvidia. The AI darling has seen its market cap swell dramatically over the past few years. Nvidia became the first-ever company on the market to reach $4 trillion earlier this month, securing its status as the largest outfit in the world. There are some on Wall Street who believe tech giants' AI investments will not pay off, Cramer said. But Alphabet's recent quarter suggests that such criticism is unwarranted, he said. Alphabet comfortably beat estimates for earnings and revenue when it reported Wednesday night. The company also announced it would add $10 billion to its capital expenditures, citing growing demand for its cloud services. The search giant is continuing to bolster infrastructure in order to power AI services that use its cloud technology. Alphabet's spending seems justified to Cramer, he said, which makes him think that these investments are "both urgent and needed." AI spending has also been driving market gains, he added. Cramer conceded that he understands some of the AI skepticism, especially from those who are wary of chatbots. He described the way he's seen AI chatbots make mistakes and even fabricate information. But Cramer indicated that the technology will improve, especially as companies buy more advanced chips from Nvidia. "My take is that Google is upping its spending because the most accurate chatbot will be the winner, just like how Google search won to begin with," he said. "The bots that are wrong too often will lose. And just like Google search, if you win the AI race, you can end up with a near monopoly and hundreds of billions of dollars in profits." Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest The CNBC Investing Club Charitable Trust owns shares of Alphabet, Nvidia, Meta, Microsoft and Amazon.
CNBC
2 hours ago
- CNBC
'The era of quantum supremacy is just around the corner,' IonQ CEO says
IonQ CEO Niccolo de Masi told CNBC's Jim Cramer on Thursday that major advances in quantum computing are fast-approaching. "The era of what's called quantum supremacy is just around the corner," De Masi said. "It's coming in quarters and very low single-digit years, and that's getting people, obviously, pretty excited about the fact that we'll be able to do things to help every area of applied science." IonQ is one of the major players in the quantum computing space, along with Rigetti Computing, D-Wave Quantum and Quantum Computing. The company is developing both quantum computers and quantum networking equipment, De Masi said. Wall Street's interest in quantum computing is growing as tech titans like Alphabet, Microsoft, Amazon and IBM, as well as the U.S. government, spend millions to the develop quantum computers. The technology aims to solve problems that are too complex for classical computers using quantum mechanics. Investors were particularly excited by Nvidia CEO Jensen Huang's bullish comments on quantum computing last month. Huang said quantum computing is "reaching an inflection point" and indicated that practical uses cases are coming faster than he previously expected. De Masi described the way quantum computing could lead to breakthroughs in the healthcare and pharmaceutical fields. He touted his company's partnership with Nvidia, AWS and AstraZeneca for a research project related to drug development. Looking at molecules through a quantum lens will lead to breakthroughs in drug discovery, he suggested. IonQ is part of the global race to advance quantum computing, De Masi said. He said his company is a major player in cracking RSA, a widely-used encryption algorithm. "We are racing China, we believe, almost single handedly, for the Western world, if you will, to be the RSA cracker," De Masi said. "And, of course, when that happens, everybody's going to need our quantum networking equipment to make sure that the world as we know it, and civilization as we know it, goes on." Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest The CNBC Investing Club Charitable Trust owns shares of Alphabet, Microsoft, Amazon and Nvidia.
