Squawk on the Street Cramer's Morning Take: Microsoft 2/24/25
Feb 24, 2025
Jim and Jeff dive into Microsoft's recent decision to cut back on spending for data centers, spurred by a TD Cowen analyst report. They explore the ripple effects of this strategy amidst broader economic challenges. The duo emphasizes a cautious approach to investing, discussing current market dynamics and mixed performances across sectors. Their insights shed light on potential risks and the uncertain outlook for recovery in the tech landscape.
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Market Timing Advice
- Jim Cramer advises waiting for the market to become oversold before buying.
- He suggests using the oscillator as a signal for when it's okay to buy.
Microsoft's Shifting Narrative
- Microsoft's narrative has shifted rapidly from saving money on data centers to concerns about their quantum computing efforts.
- This rapid shift suggests uncertainty surrounding the company's future.
Market Factors
- There are two main factors affecting the market: weak economic data and a report on Microsoft's data center spending.
- The report questions Microsoft's cloud service demand and potential overspending.