Jim Cramer assessed Nvidia"s stock following reports of overheating issues with its new Blackwell AI chips. While acknowledging potential concerns, he views the stock"s decline as a buying opportunity, emphasizing strong demand and confidence in Nvidia"s market position. Cramer noted that Dell"s CEO confirmed shipments of Nvidia"s servers, reinforcing his belief in the company"s resilience despite the challenges.
The S&P 500 is set for a subdued opening after a challenging week, while Tesla shares surged 8% on news of potential regulatory easing for self-driving cars. Caution surrounds Nvidia"s upcoming earnings amid concerns over overheating Blackwell AI chips, while Wells Fargo raised price targets for Dell, UnitedHealth, and CVS Health, reflecting optimism in their respective sectors. Spirit Airlines filed for bankruptcy, and Robinhood received upgrades from analysts, highlighting a shift in sentiment towards digital currencies.
Private-credit firm 5C Investment Partners, co-founded by former Goldman Sachs partners, has raised $1.6 billion for senior direct-lending transactions. This total includes leverage and a co-investment program, with Liberty Mutual Investments and Michael Dell’s family office, DFO Management, as key partners.
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