Mad Money w/ Jim Cramer Mad Money w/ Jim Cramer 6/24/25
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Jun 24, 2025 Discover the transformative impact of AI on Wall Street, particularly with the introduction of Deep Seek. As the stock market rebounds, insights into historical trends and geopolitical influences provide a fresh perspective on AI firms. Explore promising strategies in the defense sector and how innovative drone technologies are reshaping national security. With the AI bull market thriving, important discussions on stock management and the role of stablecoins in payments add depth to the conversation.
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DeepSeek AI Misconception
- The DeepSeek AI breakthrough claim by China, which caused AI stocks to crash, was misleading and ultimately disproven.
- This episode mirrored the Sputnik moment in 1957, revealing Wall Street's premature pessimism towards American AI capabilities.
Oil Price Drop Eases Inflation Fears
- The recent military action in the Middle East and the decrease in oil prices removed inflation worries and revived hopes for rate cuts.
- This easing in crude prices supports the idea that the Federal Reserve could cut interest rates later this year, boosting stocks.
Misjudging AI Hardware Innovation
- Investors overreacted to DeepSeek's AI hardware efficiency claims because it came from China, causing unwarranted tech sell-offs.
- The core AI data center stocks like NVIDIA and AMD were wrongly abandoned and have bounced back strongly.