Mad Money w/ Jim Cramer Mad Money w/ Jim Cramer 12/11/24
Dec 12, 2024
Dive into the current stock market peak and the dominance of the 'magnificent seven' tech stocks amidst new regulations. Discover the optimistic outlook for utility companies fueled by a super cycle, and learn about Ollie's Bargain Outlet's success during Black Friday. Explore the competitive landscape for American tech against global players and the critical need for energy infrastructure investments. Finally, get insights on major stocks like Johnson & Johnson and the rising demand for data centers, all while keeping a watchful eye on potential market volatility.
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End of Antitrust Tyranny
- The Nasdaq's record high crossing 20,000 signifies the end of antitrust tyranny and the beginning of unfettered capitalism.
- This shift is driven by the replacement of Linda Khan with Andrew Ferguson, a pro-corporate regulator, at the FTC.
Apple's Innovation and Legal Battles
- Apple's new iOS 18.2 features AI capabilities like Image Playground and an improved Siri, showcasing continuous innovation.
- The Justice Department's lawsuit against Apple for monopolizing the smartphone market may end under the new administration.
Amazon's Resilience
- Amazon's stock success despite FTC scrutiny highlights its strong market position and consumer appeal.
- The appointment of Andrew Ferguson as FTC chair may ease regulatory pressure on Amazon.