jim cramer
Cramer looks at tech stocks to own in AI, the metaverse, electric vehicles and fintech
CNBC's Jim Cramer bought "Mad Money" back to San Francisco for the first time in two years and talked about the four major innovations and the companies that justify tech as a leader in the stock market. Cramer said the first innovation that's driving value is "how businesses are using artificial intelligence to replace humans, especially because workers are so hard to find now that we're living through the Great Resignation" in the time of Covid. He pointed out that a record-high 4.43 million people quit their jobs in September. "When you think of artificial intelligence, you have to start with Nvidia. Everybody views this one as a semiconductor company, but it's really platform for machine learning," Cramer said.
- Transportation > Ground > Road (1.00)
- Information Technology (1.00)
- Banking & Finance (1.00)
- Transportation > Electric Vehicle (0.90)
Autonomous Trading Buys Massive Stake in Digital World Acquisition Saying Goodbye to Snap
Learn where the legends are putting their money today. But, of course, we are not talking about Tesla, Amazon, or Netflix, the trio that Jim Cramer is pumping hard. So instead, Alex Vieira moved into a Digital World where you cannot find Jim Cramer. The legendary Autonomous Trading team initiated Digital World Acquisition (DWAC) coverage with a Strong-Buy rating, downgrading Snap Inc. For more information, read the latest news on the Blog.
- Banking & Finance > Trading (0.99)
- Information Technology > Services (0.61)
Will Artificial Intelligence be a Trump Card for MedTech?
In the era of big data, unless one's portfolio is in tune with the evolving digital trend, making prudent investment choices can prove to be a daunting task. Millennials have started to recognize the increasing need of the emerging automation trend and subsequently robotics, IoT, 3D printing are becoming part of our daily life with the latest buzzword being Artificial Intelligence (AI). While Siri and Ok Google have made life easier, the latest version of Global Positioning System helps track almost anything and everything along with its intelligent route map. Also, not being a pro on social network sites like Facebook, Twitter or snapchat can be seen as primitive. According to investment giant Jim Cramer, AI along with big data will soon let companies to bat a thousand. Interestingly, the benefits of the same will not remain restricted to any particular industry but will be felt across all business segments and investment arenas.
- Information Technology > Communications > Social Media (1.00)
- Information Technology > Data Science > Data Mining > Big Data (0.58)
- Information Technology > Artificial Intelligence > Representation & Reasoning > Personal Assistant Systems (0.56)
- Information Technology > Artificial Intelligence > Natural Language > Chatbot (0.56)
TheStreet, co-founded by Jim Cramer, could be delisted if its stock price stays too low
Investor news site TheStreet Inc. was warned that it could be delisted from the Nasdaq Global Market after its stock closed below $1 a share for 30 consecutive business days. The New York-based publication has until June to turn things around, it said in a filing this month with the Securities and Exchange Commission. If the price of TheStreet's stock closes at $1 per share or higher on at least 10 consecutive business days, the company will not be delisted. Even if the stock price does not improve, TheStreet can appeal before the delisting occurs. TheStreet declined to comment beyond what was in the SEC filing.
- Banking & Finance > Trading (1.00)
- Government > Regional Government > North America Government > United States Government (0.97)
Apple (aapl) stock gains, purchases tuplejump
Shares of Apple (AAPL) were increasing in late-afternoon trading on Thursday as the company agreed to purchase Tuplejump, TechCrunch reports, citing sources. Tuplejump is an India-based company that specializes in machine learning technology, or an artificial intelligence capability that enables computers to recognize patterns in data without being explicitly programmed. Apple is looking to utilize Tuplejump's "FiloDB" program, an opensource project that applies machine learning technology to data as it streams in, according to TechCrunch. Apple has purchased several machine learning companies in the past few years. It acquired the Seattle-based company Turi for 200 million in August, and U.K.-based artificial intelligence company Perceptio in 2015.
- Asia > India (0.27)
- North America > United States > New York (0.07)
- Information Technology > Hardware (0.63)
- Banking & Finance > Trading (0.40)
Jim Cramer: We Believe in GE's Predix
The'machine learning' involved in General Electric's (GE) Predix platform is a game-changer and Microsoft (MSFT) is coming along for the ride, said TheStreet's Jim Cramer. Shares of General Electric are up almost on percent on Monday morning after the company said its Predix industrial operating system will be available on Microsoft's Azure cloud. Microsoft hopes that GE's Predix will convince its loyal industrial customers to adopt Azure. Microsoft said it will will integrate Predix with its business applications including Office 365, Dynamics 365 and Power BI.
- Information Technology > Services (0.52)
- Retail > Online (0.32)
- Information Technology > Software (0.72)
- Information Technology > Artificial Intelligence > Machine Learning (0.33)
Here's why Twitter just spent a reported 150 million on an AI start-up
On Monday, Twitter (TWTR) announced it was acquiring Magic Pony, a U.K.-based startup featuring 11 PhDs, for an undisclosed sum. The move should help improve the social networks's video content, but it's unclear whether it can really move the needle in terms of its larger challenges of attracting and retaining users. Magic Pony was working on artificial intelligence (AI)/machine learning technology that can automatically analyze and enhance photo and video content. Interestingly, its solution relies not only on analysis of content within an image itself, but also of similar images, in much the same way humans classify and group objects they have seen. Twitter, whose user Timelines tend to be chock-full of video content from its standard 30-second video upload service, its Vine 6-second video platform and increasingly, its Periscope livestreaming platform, said the purchase will expand "the machine learning capabilities in Twitter's video technology and [add] valuable talent" to its Cortex machine learning team.