U.S. Markets closed
  • S&P 500

    3,662.45
    +40.82 (+1.13%)
     
  • Dow 30

    29,823.92
    +185.28 (+0.63%)
     
  • Nasdaq

    12,355.11
    +156.37 (+1.28%)
     
  • Russell 2000

    1,836.05
    +16.23 (+0.89%)
     
  • Crude Oil

    44.39
    -0.95 (-2.10%)
     
  • Gold

    1,819.40
    +38.50 (+2.16%)
     
  • Silver

    24.14
    +1.54 (+6.83%)
     
  • EUR/USD

    1.2076
    +0.0141 (+1.1834%)
     
  • 10-Yr Bond

    0.9340
    +0.0900 (+10.66%)
     
  • Vix

    20.77
    +0.20 (+0.97%)
     
  • GBP/USD

    1.3422
    +0.0090 (+0.6778%)
     
  • USD/JPY

    104.3220
    -0.0020 (-0.0019%)
     
  • BTC-USD

    19,066.03
    -333.74 (-1.72%)
     
  • CMC Crypto 200

    373.84
    -6.02 (-1.59%)
     
  • FTSE 100

    6,384.73
    +118.54 (+1.89%)
     
  • Nikkei 225

    26,787.54
    +353.92 (+1.34%)
     

Jim Cramer Shares Thoughts On Big Tech Amid Huge Earnings Day

Tyree Gorges
·1 min read

On Thursday morning, Jim Cramer shared his thoughts on big tech and the potential impact of some of their upcoming earnings.

Cramer on Facebook: While appearing on “Squawk on the Street,” Cramer discussed Facebook Inc (NASDAQ: FB) and Pinterest Inc (NYSE: PINS).

He said if there was a Facebook boycott, “it will not take a day’s worth of earnings off Zuckerberg.”

He also went on to say Pinterest has “great verticals that are easy to advertise in,” but Facebook’s Small Shops initiative could take advantage of the same strength.

Pinterest shares were up 30% following a big earnings beat on Wednesday afternoon.

Cramer on Amazon: Cramer said Amazon.com, Inc. (NASDAQ: AMZN) "will be able to tell a fantastic holiday story” because of Dr. Anthony Fauci’s comments about the virus.

Cramer on Alphabet: Contrary to what he said about Amazon, Cramer said Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) "has to worry about telling too good of a story.”

Cramer was referring to how the company has recently been under fire in Washington for anti-trust and Section 230 laws.

Amazon, Alphabet and Facebook report earnings after Thursday's closing bell.

See more from Benzinga

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.