Jim Cramer Calls GameStop a Buy: 'They're Having Some Success'
Jim Cramer backed BlackBerry, Casey’s, GameStop and Credo, citing recovery prospects, strong earnings, insider buying and new AI networking tech.
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Credo expanded its ZeroFlap optical transceiver family to 1.6T port speeds, extending its established reliability architecture for AI networking applications.
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Jim Cramer backed BlackBerry, Casey’s, GameStop and Credo, citing recovery prospects, strong earnings, insider buying and new AI networking tech.
Astera Labs (ALAB) has expanded its Leo Smart Memory Controller portfolio with new X-Series and Leo 2 E/P Series products targeting agentic AI and cloud workloads. The company reported record Q2 2026 revenue growth and expects Q3 revenues between $540-560 million, representing ~40% sequential growth. ALAB faces competition from Marvell Technology and Credo Technology in the AI connectivity space.
Crude tumbles 3.6% on a Saudi pipeline restart, easing yields and lifting chips, while the Fed prepares its first rate hike in nearly three years.
Ciena 2029 Outlook targets 30% revenue CAGR, higher margins and stronger cash flow as Wall Street updates price targets.
AMAT rises 1.8% on big-tech gains. See key support levels, technical analysis, and Wall Street price targets for Applied Materials.
Lam Research ticks up in premarket trading amidst short-term technical weakness. In other news, the chipmaker plans a $1.2B India plant.