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Nvidia's entrance into the PC market gives investors another reason to own the stock
Nvidia has added another leg to its investment case, planted far away from the data center. It's on your desk at the office and at home. At the influential Computex conference in Taiwan, CEO Jensen Huang focused the first half of his keynote address on the data center and the wonders of Nvidia's Vera computing platform for agentic AI workloads.
Alphabet's plan to sell $80 billion in stock to fund its AI buildout isn't all bad
Alphabet bulls fought the down tape all day on Tuesday, taking the glass-half-full view of the company's plans to sell a massive amount of stock to fund its artificial intelligence buildout. The cloud and search giant announced late Monday that it plans to raise $80 billion through a stock offering, including a $10 billion investment by Berkshire Hathaway . It's the latest step in an aggressive effort by big tech companies to secure future funding for AI infrastructure.
How Jim Cramer would approach Palo Alto's stock heading into earnings
Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Here's a recap of Tuesday's key moments. The S & P 500 touched fresh record highs on Tuesday, driven by Nvidia and other chipmakers.
Jim Cramer debates trimming 2 stocks — one struggling name, the other a winner
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My guide to the IPOs of SpaceX, OpenAI and Anthropic — including the one I really want to buy
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Corning strikes another multibillion-dollar AI deal. What the new Amazon pact means for the stock
Corning stock surged Monday after the company inked a major data center deal with Amazon — the latest in a string of high-profile wins for the Club holding. Amazon said it will pay Corning billions of dollars for optical fiber in the coming years to support its growing data center footprint. The investment will allow Corning to expand production and create 1,000 new jobs at its North Carolina manufacturing facilities.
Like Dell, now HPE surges on a massive guidance hike. Yes, business is that good
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We're trimming 2 stocks — a surging AI winner and one that's left plenty to be desired
We are selling 50 shares of Corning at roughly $200.76 and 275 shares of Wells Fargo at roughly $78.82. Following the trades, Jim Cramer's Charitable Trust will own 550 shares of GLW, decreasing its weighting in the portfolio to 2.75% from 3%. It will also own 1,400 shares of WFC, decreasing its weighting to 2.75% from 3.25%.