Cramer urges Apple to skip buybacks and invest in AI to future-proof its innovation edge. Apple may need to acquire next-gen AI like Perplexity to make Siri truly competitive. PPI and Industrial Production drop Wednesday morning - see how Matt Maley is trading the reaction, live at 6 PM ET.

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<p>Cramer urges Apple to skip buybacks and invest in AI to future-proof its innovation edge. Apple may need to acquire next-gen AI like Perplexity to make Siri truly competitive. PPI and Industrial Production drop Wednesday morning - see how Matt Maley is trading the reaction, live at 6 PM ET.</p>

- Cramer advises Apple to forgo buybacks in favor of investing in AI to maintain its innovation advantage.  
- He suggests that acquiring advanced AI technologies, such as Perplexity, could enhance Siri's competitiveness.  
- Additionally, PPI and Industrial Production figures fell on Wednesday morning, with Matt Maley discussing trading strategies in response at 6 PM ET.  

Benzinga

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