Cardano founder Charles Hoskinson humorously points out that Intel is dead after CNBC Mad Money host Jim Cramer’s supposed optimism.
After several famous bad decisions, including over Bear Stearns over a decade ago Silicon Valley Bank and Signature Bank last year, Jim Cramer, host of CNBC’s “Mad Money,” became a meme on X because critics believe he is constantly wrong.
One problem with this infamy, however, is that his words are often taken out of context for the sake of sensationalism, which quickly angers critics. Cardano founder Charles Hoskinson seems to be the latest critic of this kind.
Cardano’s Hoskinson pounces on Jim Cramer’s alleged intelligence call
Cardano founder Charles Hoskinson recently criticized an alleged call from TV pundit Jim Cramer.
“Well, that’s it, Intel is officially dead.” Hoskinson interjected a Monday December 30th X post. The post links to a Yahoo Finance-hosted article with a headline suggesting that Jim Cramer had claimed that the chipmaker was doing perfectly well despite a terrible year in which stock prices fell over 50%.
Well that’s it, Intel is officially dead
— Charles Hoskinson (@IOHK_Charles) December 30, 2024
Unsurprisingly, Hoskinson’s post about the alleged phone call from Jim Cramer sparked a flood of similar reactions a user describes The expert’s alleged support is the proverbial “final nail in the coffin” for Intel.
However, there is a problem with these comments.
Taken out of context
While the headline of the article linked by Cardano’s Hoskinson seems to indicate that Cramer is confident in Intel’s trust…
