Squawk on the Street Cramer's Morning Take: Alphabet 12/10/24
Dec 10, 2024
Cramer discusses the importance of trimming holdings in a major tech giant amidst shifting market trends. The conversation dives into the evolving world of quantum computing, exploring its potential impact on financial landscapes. Antitrust concerns loom large over major players like Apple and NVIDIA, prompting a reevaluation of strategies for investors. Join the exploration of how regulatory changes could reshape the tech industry and what it means for your investments.
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Quantum Computing Breakthrough
- Alphabet's quantum computer, using its new Willow chip, solved a math problem in 5 minutes.
- A supercomputer would have needed around 10 septillion years, showcasing a breakthrough.
Trim Alphabet
- Jim Cramer advises trimming holdings in Alphabet (Google).
- He suggests this due to a recent 10-point gain based on an article and the company's age.
Antitrust Concerns
- Jonathan Kanter's presence on Squawk Box signals attention towards Alphabet.
- President-elect Trump's appointment of an antitrust activist suggests increased scrutiny on big tech.