9AM HOUR: Nvidia Adds $150B to Stock Buyback; Oil Prices and Yields Surge; MongoDB CEO Leaves for Meta 9/28/26
Summary
Jim Cramer returns to Squawk on the Street to discuss NVIDIA’s record $150 billion buyback and new AI safety software, which he views as a crucial engineering solution to public AI fears. The conversation highlights the "doomer" narrative versus practical security measures, noting that OpenAI’s absence from the safety coalition is a significant gap. Cramer also analyzes the macro environment, arguing that embedded inflation and high oil prices are keeping interest rates elevated, while he expresses a bullish stance on Chevron due to new Permian land openings. Additionally, the hosts review …
Listen ad-free on Castria