In a Wednesday interview with CNBC’s Jim Cramer, CrowdStrike CEO George Kurtz described how it serves customers who are using legacy technology from other companies. “One of the things that I talked about in my…prepared remarks on the earnings call was this concept of a monoculture,” Kurtz said. “Customers are at risk when they are …
Best Buy CEO Corie Barry told CNBC’s Jim Cramer the electronics retailer is getting ready to sell a slew of new artificial intelligence-enabled personal computers. “We are, as you can imagine, arming ourselves on every angle to be the single best place to come experience this across the assortment,” Barry said. “So, you’re going to see …
Shares of Best Buy were popping Thursday as management made their case that an artificial intelligence upgrade cycle for personal computers and devices was starting to play out. Revenu e in the company’s fiscal 2025 first quarter fell 6.5% year over year to $8.85 billion in the three months ended May 4, missing the $8.96 …
Microsoft’s latest artificial intelligence announcements highlight a key catalyst coming for the tech mega-cap and four other portfolio names: the hardware refresh cycle. During his keynote at Microsoft’s Build last week, CEO Satya Nadella touted the company’s new artificial intelligence-integrated computers . The forthcoming CoPilot+ PCs, slated to roll out next month from Microsoft and …
A new note from Melius Research supports what Jim Cramer has been saying for a while now: Club holding Apple’s integration of artificial intelligence into the iPhone should be a boon to investors. Shares of Apple are “gearing up for a run” higher in anticipation of the company’s Worldwide Developer Conference (WWDC) in June, where …
It’s all about to happen. But until it happens, then no money should be made waiting for it. We have to see its success to invest in it. Otherwise, the heck with it. There. That had been the bear case against artificial intelligence, generative AI, accelerated computing and large language models (LLMs), all the essential …
CNBC’s Jim Cramer on Monday reminded investors that much of the stock market currently depends on the Federal Reserve’s interest rate decisions, which are hard to predict as inflation persists. He said he is hopeful new artificial intelligence technology will help cut costs, but stressed that it will not happen any time soon. “We keep …
“I think with clinical trials, there’s still going to be a few years to get through the clinical trial space,” Gibson said. “But, to find the drug and get it into the clinic, I think we can shorten that from five or six years and hundreds of millions of dollars into, perhaps, one or two …
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Stocks fizzle: Wall Street was enjoying …
CNBC’s Jim Cramer on Wednesday contended the impact of artificial intelligence on business and the stock market isn’t yet fully realized, pushing back on suggestions it’s some buzzy tech losing its luster. “It’s clear that lots of investors have no idea what AI is,” Cramer said on “Mad Money.” “In fairness, the reason they have …