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Market Movements and Mixed Signals


Published on 2025-03-30 16:21:09 - Benzinga
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  • As of March 25, Amazon's stock closed at approximately $205.73, a 13% increase over the past year. Market analyst Jim Cramer described the stock as a "real winner in the AI selloff," highlighting investor confidence in the company's AI -driven growth trajectory.

Jim Cramer, in a recent commentary, emphasized the enduring relevance of banks, stating that they will "never go out of business" due to their fundamental role in the economy. He highlighted JPMorgan Chase's impressive performance, noting that the bank reported a record-breaking profit of $585 billion. Cramer pointed out that despite the high interest rate environment, which typically pressures banks, JPMorgan has managed to thrive, suggesting that the stock is "too cheap to ignore." He attributes this success to the bank's diversified business model, robust risk management, and its ability to capitalize on market conditions, making it an attractive investment even in challenging economic times.

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[ https://www.msn.com/en-us/money/news/banks-will-never-go-out-of-business-jim-cramer-says-jpmorgan-is-too-cheap-to-ignore-as-it-hits-record-585b-profit/ar-AA1BWE4b ]