Jim Cramer advises investors to use the recent market rotation as a chance to sell underperforming stocks at a premium and buy leading winners at a discount. He highlights Meta, Micron, and AMD as top picks, noting strong demand in semiconductors and data center equipment despite recent pullbacks. Meta's rebound is supported by plans to launch a cloud-computing business, potentially boosting its long-term outlook. However, Cramer warns that some rebounds, such as in software and consumer goods stocks, may be temporary and not worth chasing.
The US has decided not to renew the United States-Mexico-Canada Agreement (USMCA), instead opting for annual reviews to address ongoing trade issues, particularly trade deficits with Canada and Mexico. This move signals a shift in US trade policy und…
Meta Platforms has revealed it has excess AI computing capacity and is building a cloud business to sell this surplus. This admission is significant as it marks the first major hyperscaler to acknowledge overcapacity, suggesting a slowdown or reducti…
Meta Platforms' stock surged 9% after reports that the company plans to monetize its excess cloud computing capacity. This move raises questions about whether Meta is scaling back its AI investments or shifting strategy to boost its business. The sto…
After soaring in the second quarter with a combined $2 trillion gain, major semiconductor stocks including Micron, Intel, and AMD fell sharply at the start of Q3, with Micron dropping 11%, Intel 9%, and AMD 7%. The sell-off followed fears that AI inf…
Meta Platforms is expanding its cloud computing with a $27 billion AI investment framework, indicating over $100 billion in annual AI capital expenditure. This expansion supports ongoing GPU overbuild and persistent AI compute scarcity globally. Nebi…
Leave a Reply