Jim Cramer Warns ‘Day Is Not Near Enough To Justify The Current Valuations’ Of Quantum Computing, Nuclear Power Stocks

Kaustubh Bagalkote | January 3, 2025

Jim Cramer cautioned investors on Thursday against excessive speculation in quantum computing and nuclear power stocks, despite growing market enthusiasm for both sectors. What Happened: “Both have promise, someday, but that day is not near enough to justify the current valuations for these stocks,” CNBC’s Cramer said during his show, pointing to concerns about long […]

Salesforce Plans Hiring Spree To Sell AI That Cuts Hiring Time And Boosts Sales Productivity

Kaustubh Bagalkote | December 18, 2024

Salesforce Inc. (NYSE:CRM) plans to hire 2,000 people to sell its artificial intelligence products, doubling its previous hiring target announced last month, as the cloud software giant sees strong demand for its enterprise AI solutions. What Happened: CEO Marc Benioff revealed the expanded hiring plans at a company event in San Francisco on Tuesday, noting […]

Big Short’ Investor Michael Burry’s China Bet Pays Off

Kaustubh Bagalkote | October 9, 2024

Michael Burry, the investor renowned for his prescient bet against the housing market before the 2008 financial crisis, has seen his recent wager on Chinese stocks yield significant returns. What Happened: Burry’s top three Chinese holdings have surged an average of 59.39% within two months, according to regulatory filings and market data. Burry’s hedge fund, Scion […]