Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio.
Jim Cramer 's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Snowflake : The data cloud company shares fell nearly 3% despite a revenue beat and a good guide. "In the conference call of Nvidia , they listed five competitors. And just said these guys are just one of five. The company just thinks it's one of one," Jim Cramer said Thursday. Ralph Lauren : The stock rose 2%. The fashion brand delivered a quarterly sales and earnings beat.
"Somebody tries to knock down. They won't be able to. It was just too strong a quarter," Cramer said. Live Nation : The Justice Department and 30 states are suing Live Nation, looking to break up Live Nation and Ticketmaster. The DOJ probe launched in 2022 and was bolstered by the botched rollout of tickets to Taylor Swift's Eras tour. "It is a monopoly. It does hurt. and I think people are going to get some relief, which is terrific," Cramer said.
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