Jim Cramer Evaluates Nvidia, Amazon And Other Magnificent 7 Earnings: ‘The Seven Truly Did Acquit Themselves Well’
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Benzinga
Benzinga
As the first earnings season of 2024 comes to a close, Jim Cramer has given his assessment of the latest financial reports from the Magnificent Seven mega-cap companies, with NVIDIA Corp (NASDAQ:NVDA) and Amazon.com Inc (NASDAQ:AMZN) receiving special recognition. What Happened: On Wednesday, Cramer commended Nvidia for its record revenue, which saw a 265% increase due to high demand for its AI products. He also lauded Amazon for its growing advertising and web services sector, reported CNBC. “To me, a longer-term vision is what’s required,” Cramer said. “Too bad make or break is all that we e…