Cramer Says CoreWeave is Okay... For Now? My Bald Opinion on AI Hype!

Cramer's Blessing? More Like a Bald Curse!

Alright alright settle down you beautiful unwashed masses! Asmongold here ready to dissect the latest from the financial circus. This time it's Jim Cramer humping CoreWeave's leg after their market debut. Apparently he's impressed. Impressed! Like I'm impressed with a WoW player who can only click his abilities. The guy says it was a 'great quarter' because their revenue went up 420%. 420 BLAZE IT! But is it REALLY good? Or is it just a 'content' stock being propped up by the AI hype train?

Profitability: The Real 'Content' We Crave!

Now here's where the plot THICCENS. Cramer admits their profitability is 'mixed'. Mixed like my feelings about Blizzard after Diablo Immortal! Sales are up but are they actually making any damn money? No one cares. Nobody looks at the small indie companies trying their best they just focus on the overblown popular 'content' like Activision Blizzard! According to Cramer it's just 'cause of high demand and expensive equipment. Right buddy. And I'm sure those executive bonuses aren't contributing AT ALL. It's always 'content' you want but do you ever think about the production value?!

Wall Street's Capex Conniptions!

Wall Street's sweating over CoreWeave's massive capital expenditure plan. $20 to $23 BILLION?! That's more than I've spent on ramen in my entire life! Cramer says it's making investors nervous because they'll have to borrow a ton of money. No they're just gonna print more money! Don't you love that? Like when you get a new credit card with an obscene limit that you should never have gotten to begin with. All because of get this 'success within the company'. Oh I bet they just had an "Oops all Berries" moment.

Do You Trust the Process or the CEO?

Cramer boils it down to trusting management. Can you trust that they're not just blowing money on 'content' that nobody asked for? The CEO says they're spending because customers want computing power ASAP and they can repay the lenders. He's just a streamer like me guys! I like him! It sounds like they can print more money because of how much content you guys watch. It's all just 'content' these days huh?

Cramer's Nvidia Flex: I'm Involved!

Oh and of course Cramer's CNBC Investing Club holds shares of Nvidia Microsoft and Meta which are all linked to CoreWeave. So take his 'objective' analysis with a grain of salt or maybe a whole shaker of it. It's like when rich people recommend something and say "I use this product!" as if that makes the product good. In reality they are literally just paid to say that.

The Verdict: Wait and See Maybe Grab Some More Mountain Dew

So what's the Asmongold take? I'm not convinced yet. CoreWeave might be the next big thing or it could be another overhyped 'content' stock that's gonna crash and burn. I'm just a simple man I like simple things. Me likey when number goes up. Me no likey when number go down. Until they start actually making money I'm staying on the sidelines chugging Mountain Dew and waiting for the inevitable drama. Don't invest anything you aren't willing to lose kids.