CNBC Investing Club with Jim Cramer recaps Thursday's market action, highlighting the impact of AI on tech stocks. The S&P 500 remained positive, while DeepSeek's AI model shook up the AI trading sector. Meta Platforms surged on AI-driven user engagement and monetization, while Microsoft faced pressure on Azure revenue growth expectations. Apple traded ahead of its earnings release, with low expectations for current quarter guidance. Jim Cramer discusses portfolio performance and outlook for these key companies.
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. 1. The S & P 500 clung to moderate gains Thursday morning in a choppy week of trading after Chinese artificial intelligence startup DeepSeek rattled the red-hot AI trade with its efficient, low-cost model. The yield on the benchmark 10-year Treasury declined Thursday morning.
On the other hand, Microsoft shares fell about 6% Thursday in response to its Wednesday night earnings report . Cloud unit Azure's revenue growth of 31% was roughly in line with consensus. However, the stock reaction suggests "the market simply wanted more," Jeff said, given how crucial Azure is to justifying Microsoft's hefty AI investments. 3. Apple shares were back and forrth Thursday ahead of the iPhone giant's quarterly results after the close.
Technology AI TECHNOLOGY MARKET STOCKS CRAMER
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CNBC Investing Club with Jim Cramer: Morning Meeting Recap - January 4, 2025CNBC Investing Club with Jim Cramer discusses key market moments from Thursday's 'Morning Meeting' livestream, including Tesla's stock decline, the trimming of Nvidia positions, and the outlook for Alphabet following a JMP Securities downgrade.
Read more »
CNBC Investing Club with Jim Cramer: Tuesday RecapThe S&P 500 opened higher but quickly reversed course after strong JOLTS data. Nvidia shares, despite positive news from CES, also reversed sharply lower. Disney, however, bucked the trend, rising modestly following an analyst upgrade.
Read more »
CNBC Investing Club with Jim Cramer: Wednesday's Market RecapJim Cramer reviews Wednesday's market action, highlighting weakness in tech and quantum computing, a positive outlook for GE Healthcare, and his desire to buy more Disney shares.
Read more »
CNBC Investing Club with Jim Cramer: Tuesday Market Recap and Trade RecommendationsJim Cramer and the CNBC Investing Club provide a recap of Tuesday's market action, discussing the impact of President Trump's tariff proposals and making trade recommendations for stocks like Coterra Energy, Honeywell, Eli Lilly, and Abbott Labs.
Read more »
CNBC Investing Club with Jim Cramer: Morning Meeting Recap - January 4, 2023CNBC Investing Club with Jim Cramer recap of key moments from Wednesday's 'Morning Meeting' livestream. Stocks rallied on news of a large AI infrastructure project, boosting tech stocks like Microsoft and Nvidia. Jim Cramer weighs in on the potential of AI, discusses his outlook on various portfolio stocks, including Microsoft, Alphabet, and Disney, and highlights his 'buy' recommendations for Meta and Amazon.
Read more »
CNBC Investing Club with Jim Cramer: Key Moments from Friday's Morning MeetingCNBC Investing Club with Jim Cramer recapped key moments from Friday's 'Morning Meeting' livestream. The club discussed Wall Street's rally, Nvidia's performance ahead of CES, and the impact of the Surgeon General's alcohol advisory on Constellation Brands.
Read more »