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Search results for Jim Cramer

Crypto

Bitcoin holds $80,000 as stablecoin payments spread

Over the past week, the global crypto market’s key theme was resilience. Bitcoin held $80,000 despite a CPI shock, while XRP defended $1.30 even as public interest faded. Investors are watching U.S. PMI data and the Oct. 27-28 FOMC, as well as Ripple’s Swell event. Stablecoins and tokenisation are spreading into mainstream payment rails. In South Korea, tax deferral bills and a forthcoming digital assets framework are emerging variables.

Finance

Don\'t jump into AI stocks on rebound, four preconditions before buying

U.S. technology stocks have rebounded, but it is still too early to rush into buying AI data centre-related shares, CNBC cited Jim Cramer as saying. He said a recent bounce in AI beneficiaries does not remove lingering technical and fundamental burdens. Cramer said four conditions must be met for the rally to continue: improved technical indicators, confirmation that big tech earnings support sustained AI investment, reduced uncertainty after the Nov. 3 U.S. midterm elections, and clarity from an Anthropic IPO, which could come as early as November.

Industry

Semiconductor stocks slide but Jim Cramer says still in buy zone

Semiconductor stocks have fallen sharply, but Jim Cramer said investors should not abandon the entire sector. He said the recent selling does not reflect underlying demand conditions and that rising oil prices and interest rates could prolong the downturn. Cramer pointed to advanced consumer devices and expanding AI infrastructure as sources of additional demand. He also highlighted Micron’s long-term customer contracts and said chip demand is broad, citing Intel and AMD.