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1 day agoCramer: Dell crashed from $168 to $110 despite strong fundamentals
Dell Technologies' stock decline was irrational, driven by macro sentiment, while its fundamentals remained strong.
The Magnificent Seven have been running out of fuel well before we rang in the new year. And while the Mag Seven may have clocked in the most underwhelming first three weeks of the year in quite a while (the Mag Seven usually start new years with strength rather than weakness), I certainly wouldn't hit the panic button just yet.
Cramer noted, "MSFT is not a factor if it splits with OpenAI." However, Microsoft's independent revenue streams suggest that the company's prospects are not solely linked to OpenAI.