Squawk on the Street Cramer's Morning Take: Winners of DeepSeek Panic 1/28/25
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Jan 28, 2025 Jim and Jeff dive into the effects of DeepSeek on tech stocks, highlighting how companies like Meta, Amazon, and Apple are emerging as winners from recent market panic. They discuss the strategic use of low-cost AI to gain a competitive edge and emphasize the significance of maintaining long-term stability during volatility. It's a candid look at shifting market dynamics and what it means for investors.
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Market Stabilization
- The stock market is stabilizing after a panic, particularly among tech companies.
- Stabilization is key, as panicking leads to losses.
DeepSeek's Impact
- DeepSeek's efficient, low-cost AI model is impacting the tech landscape, creating winners and losers.
- Meta and Amazon benefit from cheaper AI, potentially boosting their businesses and lowering costs.
Amazon and Apple as Winners
- Amazon's stock, considered overbought, might benefit from DeepSeek, potentially leading to gross margin expansion.
- Apple, not heavily invested in its own LLMs, could also benefit from cheaper models on its hardware.