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CNBC's Jim Cramer said Tuesday that big techs may be hard to take over now that federal regulators have turned to them to investigate their competitive practices.
"I fear what justice [Department] and the FTC [Federal Trade Commission] can do to these companies, "said the host" Mad Money ".
Apple: The US Department of Justice would like to put a brake on the use of the App Store by Apple on the iPhone to get a reduction of 30% of software sold on its platform. The company is in a difficult situation in the face of a federal investigation and the US-China trade war, Cramer said.
Alphabet: Google's parent was under pressure after the Justice Department planned an antitrust investigation on the search engine giant. The company has the ability to tailor its search engine to the companies it seeks to compete with, Cramer said.
Facebook: The social media giant has exploited its platform to keep users out of their competitors and sell data to the highest bidder, Cramer said. Even if companies choose to advertise on another popular platform, Facebook has the industry by holding Instagram, he said. The FTC is preparing to study the blockage of society on the digital space.
"Regardless of what you think of the issue, these actions are less attractive than 48 hours ago," said Cramer. "They are now in the crosshairs – even if they do not deserve it – and I think most of them do not, one." This is not a good place to be. "
Reasons for gathering
A trader works on the floor of the New York Stock Exchange (NYSE) in New York.
Brendan McDermid | Reuters
Wall Street made Tuesday its second best day of the year after two days of "endless panic," Cramer said. Investors have felt the optimism generated by trade with China and Mexico, and the market has grown.
"Yesterday, the exclusive oscillator that I am has reached the negative grade 5, signaling that the market had become too sold, that is why I told you that it was time to buy "said the animator. "This is the real reason we were able to explode higher today following talks by foreign officials and the Federal Reserve – the market was like a coiled spring."
The Dow Jones Industrial Average added more than 512 points, the S & P 500 gained 2.14% and the Nasdaq Composite, 2.65%.
Cramer nevertheless warned viewers not to be too optimistic because the environment is still volatile. The animator worries that the market has a ridiculously short memory.
Read more here
Digital customer transformation
Marc Benioff, President and Chief Executive Officer Salesforce.com Inc.
David Paul Morris | Bloomberg | Getty Images
Salesforce benefits from the "mbadive" transformation of the digital customer base, said CEO Marc Benioff.
The cloud computing software company claims 16.8 percent of the global market share, surpbading the 5.7 percent market share of its closest competitor, Oracle. Salesforce reported a profit on Tuesday with 32 cents per share for the first quarter of its fiscal year 2020.
The transformation of the digital customer base "is as important as that of the year 2000 for the technology sector," Benioff told Cramer. "We are # 1 in [customer relationship management], the fastest growing part of enterprise software, because every business, every industry and every government [agency] is created with their client, that's what makes us grow. "
Learn more about the interview here
Saint guacamole
Jack Hartung, Chief Financial Officer, Chipotle
Scott Mlyn | CNBC
Jack Hartung, chief financial officer of Chipotle Mexican Grill, badured Cramer on Tuesday that any tariffs on Mexican imports would not have a significant impact on the company's results.
"This event will not have an impact on us," he said, questioned about the potential impact of increasing procurement costs on profits. "This will have a minor impact.We buy a number of items from Mexico, but we spend about $ 1.6 billion a year for our ingredients. [The tariff] The impact is about $ 15 million this year, a little more next year. "
While President Donald Trump threatens to remove 5% duties on all Mexican products starting next week, as well as a series of rate hikes over the next few months, Hartung said the company's products Food "is committed" to sourcing and producing their dishes from fresh ingredients.
Go further here
An emerging player?
Robert Kramer, CEO of Emergent BioSolutions
Scott Mlyn | CNBC
Cramer has spoken with Emerging BioSolutions CEO Robert Kramer Sr., to understand how the biopharmaceutical company is addressing the issue of drug pricing and is seeking to make Narcan, which helps reverse the drug overdose. Opioids, more affordable and accessible.
See the interview here
Cramer flash: I should have put myself behind this stock when it was lower
During Cramer's lightning tour, the Mad Money host presented the viewer with impressions of their selection of titles at a rapid pace.
Amag Pharmaceuticals: "Honestly, I know it's far too speculative.There are very good stocks of drugs that are so down, why not just buy Lilly."
Benefitfocus: "Well, it's a cloud-based company, I mean, I'd rather see you in one of our [cloud] kings. ServiceNow would be there, Workday and, of course, Salesforce.com. "
CME Group: "CME is a winner and I have the feeling that I should have let myself take it when the title was much lower.It's never too late."
Disclosure: The Cramer Charitable Trust owns shares in Salesforce.com, Alphabet, Apple and Facebook.
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