Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Tesla: Shares were slightly lower on Tuesday. CNBC reported earlier in the day that CEO Elon Musk told Nvidia to redirect some of its artificial intelligence processors reserved for Tesla to Musk's social media company $56 amount. billion package. “I'm not a Tesla seller. I think he wins the vote and the stock goes up,” Jim Cramer said. Intel: Shares fell about 0.2% after the semiconductor company announced a new AI chip for data centers. “Intel has no mojo,” Cramer said. The CNBC Investing Club owns chipmakers Nvidia and Broadcom for their AI businesses. Bath & Body Works: Shares fell 13% after the specialty retailer presented disappointing guidance for the current quarter in addition to first-quarter results. “The company put on the best face it could at the release,” Cramer said. “It was honestly hard to say whether they think it's bad or not.” Kinder Morgan: Analysts at Wells Fargo upgraded Kinder Morgan and other natural gas midstream stocks, pointing to growing demand for the commodity due in part to AI. “I wish that were the case. It's not,” Cramer said. He acknowledged that natural gas prices have recovered significantly from the sell-off at the beginning of the year, “but so what? That's why you don't see Coterra's breakout to $35.” [a share]” he said. The Investing Club owns Coterra Energy. Viking Therapeutics: Shares fell 14% even after the biotech startup reported that an interim trial for its fatty liver drug met its primary endpoint. “This is not sustainable,” he said. Cramer said, referring to the shares that have more than tripled year to date: “There's nothing for me, and I don't think there should be for anyone else.”
