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Benzinga
14 days

Jim Cramer: NRG Up, Deluxe Out, Nvidia 'You Have To Trim'

1. Cramer indicates investors should trim NVIDIA holdings. 2. Nvidia faces a $5.5 billion charge for halted GPU shipments. 3. Goldman Sachs initiated buy coverage for NRG Energy. 4. Nvidia stock rose 1.4% despite market concerns. 5. Cramer expresses concerns about market changes affecting ownership strategies.

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FAQ

Why Bearish?

Nvidia's significant charge reflects operational challenges and potential revenue loss. Previous episodes of similar announcements have resulted in stock price declines.

How important is it?

The article discusses significant financial implications for Nvidia that could affect investor sentiment and stock valuation immediately.

Why Short Term?

Immediate operational issues will create short-term volatility. Similar historical incidents usually lead to quick market reactions.

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