Every day of the week, the CNBC investment club with Jim Cramer holds a “morning meeting” live at 10:20 am. Here is a summary of Thursday’s key moments. 1. The markets slipped Thursday after Wednesday with losses accelerated by the news of the last price announcement of President Donald Trump. Trump said on Wednesday that he would impose prices of 25% on all cars that are not made in the United States from April 2. “There is always this general discomfort before the day of the Liberation, on April 2,” said Jeff Marks, director of the portfolio analysis for the club. He stressed that investors are affected, noting that Morgan Stanley analysts said the impact would be significant. Meanwhile, technology becomes defensive sectors such as staples and outperform health care. 2 AI shares are down after the TD Cowen report Wednesday highlighting Microsoft cancellation of more data center leases. According to Marks, the markets run with the idea of an excess offer from data centers, but have ignored the Cowen report that Google and Meta work to transport part of the load. Cowen analysts said their point of view of the NVIDIA GTC conference is that “the demand for the data center has increased from year to year”. Jim Cramer said what’s going on with Microsoft is a “convoluted story” for which we cannot draw any conclusion. 3. NVIDIA also takes a blow because analysts of Bank of America underline the geopolitical risks involving China and the radical AI rules established by the administration of former president Joe Biden. Bank of America estimated that Nvidia has direct exposure to 10% of the China data center and wonders if this request can be satisfied by American hyperscalers. AI rules aim to control how chips and models are shared with other countries. It includes a system on several levels by which different countries could be confronted with limits and restrictions on what and how much they can import American technological companies. Nvidia could remain volatile until May 15, when compliance with the rules becomes compulsory. Although the actions of the company have had trouble and can drop, Jim says that Nvidia is still a large company. 4. The actions covered in the rapid fire from Thursday to the end of the video were: Advanced Micro Devices, Stanley Black & Decker, Ford Motor Company, General Motors. (Jim Cramer’s Charitable Trust is Long NVDA, MSFT, Goog, Meta. See here for a full list of actions.) As abundant at the CNBC Investing Club of Jim Cramer, you will receive a commercial alert before Jim does a business. Jim is waiting for 45 minutes after sending a commercial alert before buying or selling a stock in the portfolio of his charitable trust. If Jim spoke of a stock on CNBC TV, he waits 72 hours after issuing the commercial alert before running the trade. The above information of investment clubs is subject to our terms and conditions and our privacy policies, as well as our warning. No obligation or fiduciary duty exists, or is created, due to your reception of the information provided in relation to the investment club. No specific result or profit is guaranteed.
Fear that a data center bubble to weigh on AI actions, Nvidia struck by China
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