CoreWeave, Inc. (NASDAQ:CRWV) Is Indispensable For The Data Center Industry, Says Jim Cramer
From Yahoo Finance: 2025-05-22 10:19:00
In a recent CNBC appearance, Jim Cramer discussed the downgrade of US credit by Moody’s from AAA to AA+. This led to market fluctuations, with Cramer linking lack of faith in US debt to younger generations turning to Bitcoin instead of stocks.
CoreWeave, Inc. (NASDAQ:CRWV), a tech infrastructure firm, gained 127% since its public listing in 2025. While Cramer has dismissed reports of it being formed by NVIDIA, it ranks 11th on his list of discussed stocks. However, other AI stocks may offer greater returns in a shorter timeframe.
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During CNBC’s Squawk on the Street, Cramer mentioned the S&P downgrade of US debt in 2011, causing significant market impact. He highlighted the shift towards European stocks and how Bitcoin is becoming a preferred asset among younger generations over traditional markets.
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