Hey I'm Cramer. Welcome to Mad Money. Welcome to Cramer.My friends I'm trying to make you a little bit of money. My job is to entertain but to educate do some teaching here. So call me one 873 CNBC or tweet me JimCramer.When you have stocks with market capitalizations that are larger than some countries GDP you can't ignore them. You have to handicap them. They're behemoths that deserve in-depth consideration before they report if only to keep them on your radar screen.So on a very good day where the Dow ga ...

Core Insights - Nvidia has experienced a significant increase in value, surpassing $4 trillion since October 2022, making it the only company currently valued at this level [1] - Major tech companies are projected to spend approximately $380 billion on AI infrastructure this year, with Nvidia being the primary beneficiary of this spending [2][3] - Despite Nvidia's strong performance, two other AI companies are expected to exceed Nvidia's value by 2030 due to their growth potential [3][10] Nvidia's Performance - Nvidia's revenue rose by 69% in the first quarter, with adjusted income increasing by 59%, driven by high demand for its chips [5] - The company is facing competition as hyperscalers develop custom silicon solutions, which may impact Nvidia's growth trajectory [6][8] - Nvidia's stock is currently trading at over 42 times forward earnings, indicating high investor expectations that may limit future upside [9] Amazon's Position - Amazon, through AWS, generated $116 billion in revenue over the last 12 months, maintaining a strong market position despite slower growth compared to competitors [12] - AWS's operating margin improved to 36.8%, reflecting strong profitability and a positive long-term trend [13] - Amazon's retail business is also becoming increasingly profitable, with significant growth in high-margin advertising revenue [14][15] Meta Platforms' Strategy - Meta is heavily investing in AI, with a 22% revenue growth last quarter and an expanding operating margin [17][18] - The company's AI capabilities have enhanced ad recommendations, leading to increased ad impressions and pricing [19] - Meta's AI chatbot has reached 1 billion monthly active users, providing additional monetization opportunities [21] - The company is also advancing in augmented and virtual reality, which could unlock further value through AI integration [22]

Market Trends & Competition - The tech industry is currently engaged in a battle over the future of computing, with AI and wearable devices potentially challenging the dominance of smartphones [1] - Meta is investing heavily in AI and smart glasses, aiming to surpass Apple in the AI race, while other companies are also vying for AI talent [2][5] - Despite competition, Apple CEO Tim Cook expresses confidence in Apple's product pipeline and its position in the AI landscape [2][14] Apple's Strategy & Future Products - Apple is significantly increasing its investments in AI, viewing the iPhone as a central hub for accessing AI technologies [7][9] - Apple emphasizes privacy and data protection as key selling points for its AI, differentiating itself from competitors like Facebook [10] - Apple is rumored to be developing new products, including a folding iPhone and a NextG HomePod speaker with a screen, to enhance its AI capabilities [15] iPhone's Position & Consumer Behavior - Apple has sold over 3 billion iPhones, indicating a strong existing user base and continued relevance [1] - Most consumers prioritize price, battery life, and storage over AI when upgrading their phones, suggesting that AI is not yet a primary driver of phone upgrades [12][13] - While Apple's Siri is currently behind competitors, the company is working on a smarter Siri and new products to improve its AI offerings [11][13]

TKO Group's UFC has struck a multimillion-dollar, multiple-year partnership deal with Meta that will bring the mixed martial arts league closer to Mark Zuckerberg's technology company, UFC told CNBC.UFC's integration with Meta will span the company's portfolio, including Meta AI, Meta Glasses, Meta Quest, Facebook, Instagram, WhatsApp and Threads. Specific financial terms weren't disclosed.Meta will become the "official fan technology partner" of UFC and will have its branding featured in UFC's Octagon ring ...