Jim Cramer
Upstart CEO defends increased loan balance, says the AI lending platform’s model hasn’t changed
In an interview Tuesday with CNBC’s Jim Cramer, Upstart Holdings CEO David Girouard sought to downplay investor concerns about the increased loan balance held on the financial technology firm’s balance sheet at the end of its first quarter. Shares of the artificial intelligence lending platform plunged 56.42% Tuesday, closing at $33.61 apiece, one day after …
I’m not holding my breath for Robinhood
3D Systems Corp: “That is always a bridesmaid, never a bride. I have to tell you, I think that 3D Systems and their whole 3D world is just not going to make money for people. I suggest you do Nvidia.” AT&T Inc: “I don’t like the balance sheet and I am very concerned [about the …
Projecting revenue is challenging, so we prefer to give conservative guidance
Snowflake CEO Frank Slootman told CNBC’s Jim Cramer on Wednesday the company prefers to give conservative guidance, saying the way it recognizes revenue creates a considerable amount of uncertainty when putting together a forecast. Slootman’s comments in a “Mad Money” interview came after the data-analytics firm reported fourth-quarter and fiscal 2022 results. Its stock was …
AT&T ending ‘one of the dumbest mergers in recent history’
CNBC’s Jim Cramer on Monday slammed AT&T as a disgrace after the company announced it will spin-off WarnerMedia to merge the business and create an entertainment giant with Discovery. He also took aim at those hailing the move as a transformational one, railing against AT&T for taking on heavy debt three years ago to purchase …
Marvell Technology is ‘the ultimate 5G play’
Marvell Technology: “This is still the ultimate 5G play, and I am not backing away from that. They had a great quarter. Don’t let people tell you otherwise.” Crispr Therapeutics AG: “Crispr is one of the great spec stocks.” Lithia Motors: “I think it does [have more room to run] … I think that Lithia …
‘This is a big deal for us’
Ford Motor is carving a unique lane as the automaker goes after the electric vehicle market, newly installed CEO Jim Farley told CNBC’s Jim Cramer Thursday. Earlier that day the company announced a new all-electric van targeting business customers, as part of its $11.5 billion investment in electric vehicles through 2022. “This is a big …
United Technologies is a ‘rocky situation’
Nutanix: “You’re going to need a long-time horizon for that because they missed their quarter very, very badly, and it’s not like this is a situation like as a DexCom or something where there’s use for the product no matter what. I just think DexCom is an example of a stock that holds up rather well.” Franco-Nevada: …
Marvell Technology is the best play on 5G
Cedar Fair: “Cedar Fair is up. … Six Flags is down. You’ve got the right one, Sandusky, Ohio.” Square: “I think Square is too low. … I think it’s time to start thinking [it’s time] for it to do something.” MGM Resorts: “I think that [CEO] Jim Murren should do more in the sports betting …
We’re moving more supply chains out of China
Zebra Technologies is moving ahead with plans to relocate more manufacturing from China ahead of looming tariff hikes, CEO Anders Gustafsson told CNBC on Tuesday. The Trump administration’s next planned tariffs, scheduled for Dec. 15, target consumer items such as toys, laptops and smartphones. The electronics maker has already done that for products that were …