From Yahoo Finance: 2025-05-07 13:43:00

Jim Cramer recently rediscovered his love for the Magnificent 7 stocks during a CNBC appearance, highlighting their performance during tough times. He sarcastically questioned President Trump’s remarks on weak economic growth under President Biden. The conversation then shifted to Elon Musk and DOGE, with Cramer questioning Musk’s focus. US weekly jobless claims surged to 241,000, prompting concerns of a DC recession.

Cramer also noted the potential significance of ethane in US-China trade relations. Harley-Davidson, Inc. (NYSE:HOG) struggled with sales slumps, leading to a 21% loss year-to-date. While still discussing HOG, Cramer questioned if the stock could bounce back. HOG ranks 10th on the list of stocks Cramer discussed, with a mention of AI stocks potentially offering higher returns.

For those interested in AI stocks, there is a report on an undervalued AI stock with significant upside potential. The article also references the 20 Best AI Stocks to Buy Now and the 30 Best Stocks to Invest in According to Billionaires. This news was originally published on Insider Monkey. 1. The stock market has reached record highs with the S&P 500 hitting 4,000 for the first time in history. This milestone comes as investors show confidence in the economic recovery and prospects for future growth.

2. The unemployment rate has dropped to 6% as the economy added 916,000 jobs in March. This marks a significant improvement from February and signals a positive trend in the labor market as businesses continue to reopen and hire more workers.

3. The housing market remains strong with home prices rising 11.2% in February compared to the previous year. Low mortgage rates and high demand have fueled the surge, leading to bidding wars and limited inventory in many markets across the country.



Read more at Yahoo Finance: “Sales Slump Leaves This Iconic Brand Struggling”