Squawk on the Street Cramer's Morning Take: Apple 6/3/25
4 snips
Jun 3, 2025 Discover how major tech players like Apple and NVIDIA are navigating recent market shifts. The discussion highlights concerns about Apple’s stock while pondering its potential recovery. Exciting developments around possible AI partnerships in tech are also explored, particularly in light of rumored announcements at Apple's WWDC. Insights into making informed investment decisions add depth to the conversation, showcasing strategies essential for navigating these changing times.
AI Snips
Chapters
Transcript
Episode notes
NVIDIA and Broadcom Market Momentum
- NVIDIA is breaking key price resistance levels, signaling strength in its networking business.
- Broadcom's forthcoming report is highly anticipated alongside strong interest in CoreWeave.
Apple's Market Negativity Stabilizing
- Apple's negative market sentiment will eventually stabilize and be neutralized.
- Its massive install base and unique device ecosystem give it unmatched advantages for future deals.
Return of Phone Reveals Apple Device Count
- Jim Cramer shared he returned his phone to a reseller who explained the count of Apple devices in Brazil.
- This example illustrates Apple's undercounted global usage and device proliferation.