Mad Money w/ Jim Cramer Mad Money w/ Jim Cramer 2/23/26
6 snips
Feb 24, 2026 Rex Jeveden, President and CEO of BWX Technologies, a leader in naval and commercial nuclear reactors. He discusses BWX’s government contracts and growing commercial refurbishment business. Topics include the company’s shipbuilding backlog and nuclear supply pipeline. He also covers commercial reactor timelines, microreactors, and the realistic path for new plant builds into the early 2030s.
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AI Fears Are Compressing Valuations
- Jim Cramer argues AI fears compressed price-to-earnings multiples across tech even before earnings hit fundamentals.
- He cites the '2028 Global Intelligence Crisis' paper and today's 822-point Dow plunge as catalysts for multiple compression affecting enterprise software and banks.
Press Releases Trigger Broad Market Panic
- Cramer warns many sell-offs are reactionary to AI press releases rather than actual earnings damage, widening pain beyond enterprise software into exchanges, legal and data providers.
- He highlights Anthropic, OpenAI, and Google product updates as triggers that sent legal databases and exchanges tumbling despite no confirmed revenue losses.
Differentiate Real AI Threats From Hype
- Do distinguish credible AI threats from speculative press-release threats before selling; some pullbacks may be buying opportunities.
- Use earnings reports and durable business characteristics to find a floor, as with Cadence and Datadog after strong quarters.