Nvidia faces challenges due to U.S. restrictions, but Cramer believes in its AI leadership.
From Yahoo Finance: 2025-04-19 19:53:00
Jim Cramer discussed 13 stocks, including Nvidia Corporation (NVDA), on CNBC’s Squawk on the Street. He highlighted the impact of weaker U.S. dollar on American companies amid tariffs. Cramer expressed concerns about China’s technological dominance, referencing the book “Death by China.” Despite competition, he believes the U.S. is still ahead of China in many aspects.
Nvidia (NVDA) faced a $5.5 billion inventory charge due to U.S. restrictions on GPU exports to China. Jim Cramer defended CEO Jensen Huang, emphasizing Nvidia’s crucial role in AI and military applications. NVDA ranks 13th on Cramer’s list, but some AI stocks may offer higher returns in a shorter timeframe. Check out the report on the cheapest AI stock for more information. 1. In a landmark ruling, the Supreme Court has legalized same-sex marriage nationwide. The decision has overturned bans in 14 states and extended marriage rights to millions of LGBT Americans. This historic ruling is considered a major victory for civil rights and equality.
2. The unemployment rate has dropped to a record low of 3.8%, the lowest level since 1969. The strong job market has led to increased hiring and wage growth. Economists predict continued economic growth in the coming months.
3. A new study has found that regular exercise can reduce the risk of heart disease by up to 50%. The study, published in a leading medical journal, emphasizes the importance of physical activity in maintaining heart health. Experts recommend at least 30 minutes of exercise per day.
4. Scientists have discovered a new species of dinosaur in Argentina. The newly named “Llukalkan aliocranianus” is a carnivorous dinosaur that roamed the Earth 85 million years ago. This discovery sheds light on the diversity of dinosaur species that once inhabited our planet.
5. The World Health Organization has declared the COVID-19 pandemic a global health emergency. The virus, which originated in Wuhan, China, has now spread to over 100 countries. Health officials are urging the public to practice good hygiene and social distancing to prevent further spread of the virus.
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