Homepage / Technology / Cramer Remix: The real ‘wild card’ behind soaring retail revenues
Amazon says this Prime Day was its biggest shopping event ever Kudlow says President Trump is 'so dissatisfied' with China trade talks that he is keeping the pressure on As stocks regain their footing, an ominous warning looms Goldman Sachs downgrades Clorox to sell, says valuation is 'unsustainably high' How Satya Nadella has spurred a tripling of Microsoft's stock price in just over four years Kudlow says economic growth could top 4% for 'a quarter or two,' more tax cuts could be coming The one chart that explains Netflix’s stunning comeback US housing starts plunge 12% in June to a nine-month low Aerospace titans Boeing and Airbus top $110 billion in orders at Farnborough Target uses Prime Day to its advantage, logging its 'biggest online shopping day' so far this year Billionaire Marc Lasry sees bitcoin reaching up to $40,000 as it becomes more mainstream and easier to trade These are the 10 US airports where you're most likely to be hacked Amazon shares slightly higher as investors await Prime Day results Wreck of Russian warship found, believed to hold gold worth $130 billion A bullish ‘phenomenon’ in bond market is weeks away from fading, top credit strategist says Stocks making the biggest moves premarket: MS, GOOGL, TXN, UAL, NFLX & more Twitter shares up 50% since late April means most upside priced in, analyst says in downgrade EU fines Google $5 billion over Android antitrust abuse Mortgage applications fall 2.5% as buyers struggle to find affordable homes America may not have the tools to counter the next financial crisis, warn Bernanke, Geithner and Paulson Investors are getting spooked as the risk of a no-deal Brexit rises EU expected to fine Google $5 billion over Android antitrust abuse Ex-FBI chief James Comey urges Americans to vote for Democrats in midterm elections Elon Musk apologizes to British cave diver following baseless 'pedo guy' claim Disney, Comcast and Fox: All you need to know about one of the biggest media battles ever Xiaomi shares notch new high after Hong Kong, mainland China stock exchanges reach agreement The trade war is complicating China's efforts to fix its economy European markets set for a strong open amid earnings; Google in focus Hedge fund billionaire Einhorn places sixth in major poker tournament The biggest spender of political ads on Facebook? President Trump Asian stocks poised to gain after Fed's Powell gives upbeat comments; dollar firmer Stocks are setting up to break to new highs Not all FAANG stocks are created equal EU ruling may be too little, too late to stop Google's mobile dominance Cramer explains how Netflix's stock managed to taper its drop after disappointing on earnings Airbnb condemns New York City's 'bellhop politics,' threatens legal retaliation Amazon sellers say they were unfairly suspended right before Prime Day, and now have two bad choices Investor explains why 'duller' tech stocks can have better returns than 'high-flying' tech names Elon Musk is 'thin-skinned and short-tempered,' says tech VC Texas Instruments CEO Brian Crutcher resigns for violating code of conduct Google Cloud Platform fixes issues that took down Spotify, Snapchat and other popular sites Uber exec: We want to become the 'one stop' transportation app 'What a dumb hearing,' says Democrat as Congress grills tech companies on conservative bias Amazon shares rebound, report says Prime Day sales jumped 89 percent in first 12 hours of the event How to put your medical history on your iPhone in less than 5 minutes Investment chief: Watch these two big events in 2018 Even with Netflix slowing, the market rally is likely not over Cramer: Netflix subscriber weakness debunks the 'sky's the limit' theory on the stock Netflix is looking at watch time as a new area of growth, but the competition is stiff Why Nobel laureate Richard Thaler follows Warren Buffett's advice to avoid bitcoin Rolls-Royce is developing tiny 'cockroach' robots to crawl in and fix airplane engines After Netflix plunge, Wall Street analysts forecast just tame returns ahead for the once high-flying FANG group Roku shares rise after analyst raises streaming video company's price target due to customer growth China is investing 9 times more into Europe than into North America, report reveals Amazon says US Prime Day sales 'so far bigger than ever' as glitch is resolved Netflix is on pace for its worst day in two years US lumber producers see huge opportunity, rush to expand San Francisco to consider tax on companies to help homeless Homebuilder sentiment, still high, stalls as tariffs, labor and land drive up costs Powell backs more rate hikes as economy growing 'considerably stronger' Netflix history is filled with big stock declines – like today – followed by bigger rebounds Intel shares get downgraded by Evercore ISI due to rising competition from Nvidia, AMD Petco aims to reinvent the pet store with something you can't buy online Genetic testing is coming of age, but for consumers it's buyer beware Tech 'FAANG' was the most-crowded trade in the world heading into the Netflix implosion, survey shows Netflix weak subscriber growth may indicate a 'maturity wall' that could whack the stock even more: Analyst This chart may be predicting the bull market's demise Wall Street says Netflix's stock plunge is a ‘compelling’ buying opportunity because the streaming giant ‘never misses twice’ Tesla sinks after Musk tweets, again Boeing announces new division devoted to flying taxis Stocks making the biggest move premarket: NFLX, UNH, GS, AMZN, WMT & more Deutsche Bank downgrades Netflix, but says big subscriber miss is not 'thesis changing' IBM is experimenting with a cryptocurrency that’s pegged to the US dollar North Korea and Zimbabwe: A friendship explained Virgin Galactic spinoff Orbit to launch rockets from the UK with space deal Artificial intelligence will create more jobs than it destroys? That’s what PwC says ‘Treasonous’ Trump and ‘Putin’s poodle:' Scathing headlines follow the Trump-Putin summit China’s fintech companies offer ‘enormous’ opportunity, investment manager says Trump's performance at summit with Putin was 'unprecedented,' experts say Walmart and Microsoft link up on cloud technology as they both battle Amazon European stocks seen mixed amid earnings; Fed’s Powell to address Congress How I knew I should quit my day job and run my start-up full-time: Viral website founder China's stocks have been trounced, but the trade war may ultimately be good news for those shares Billionaire tech investor Peter Thiel bets on crypto start-up Block.one Asian shares subdued open after mixed close on Wall Street; energy stocks under pressure Amazon cloud hits snags after Amazon Prime Day downtime Netflix isn't doomed by one quarter unless people start questioning the long-term investor thesis Tech stocks set to sink on Tuesday after rough evening for ‘FANG’ Netflix plummets after missing big on subscriber growth This wristband lets humans control machines with their minds The U.S. has a rocky history convincing Russia to extradite computer criminals Amazon suffers glitches at the start of Prime Day Jeff Bezos is now the richest man in modern history 'The United States has been foolish': Read Trump and Putin's full exchange Goldman Sachs recommends these 5 highly profitable companies — including Nvidia — to combat rising inflation Goldman Sachs releases 'tactical' stock picks for this earnings season Three red flags for Netflix ahead of its earnings report The bond market may be raising recession fears, but don't expect one anytime soon Cramer: Banks are 'making fortunes' but are still as hated as they were during the financial crisis Putin told Trump at summit: Russia never meddled in US election


Cramer Remix: The real ‘wild card’ behind soaring retail revenues

CNBC’s Jim Cramer thinks the consumer is still underappreciated in this stock market despite strong data from the retailers’ fourth quarters.

“While the new tax regime will be very favorable for the retailers and restaurants, it’s a one-time change; a year from now we’ll anniversary the new numbers and that will be that. What matters even more, though, right now, is how business is actually doing as measured by the top line, the revenue line,” the “Mad Money” host said.

And, thanks to a robust holiday season, the revenue lines for businesses like Tiffany, Home Depot, Kohl’s and Walmart are starting to benefit from the pickup in consumer spending.

“When it comes to revenue, the consumer spending factor [is] the new wild card, and it’s playing out in spectacular fashion,” Cramer said. “You throw in the fact that we have a weak dollar and it’s clear everything is coming up roses for this sector, far rosier than the stocks.”

While Cramer would be happy to talk about the tax benefits and windfall of bonuses that came from Washington’s new tax law, he’d rather talk about Apple.

“Apple, using some of the gigantic $252 billion cash hoard that it has overseas, announced [Wednesday] what I think is a modern-day Marshall Plan for the U.S. economy,” Cramer said. “Apple committed to directly investing $350 billion into the United States over the next five years, including $38 billion in repatriation taxes.”

Cramer was referencing the United States’ 1948 initiative in which the Truman administration devoted $140 billion, adjusted for inflation, to rebuilding Western Europe after World War II.

In some ways, Apple CEO Tim Cook’s thinking was bigger than General George Marshall’s, Cramer argued after a phone conversation with Cook himself.

Cramer firmly believes that the financial stocks are the most important leadership group in the market, so he wanted to check in with some of its biggest players after earnings.

When Cramer told viewers what to look for from the banks’ earnings reports last week, he anticipated the hefty, one-time charges many of them incurred to take advantage of newly enacted tax laws.

“I know it was pure accounting gimmickry, but I worried that it might freak out investors. Turns out there was no need to worry,” the “Mad Money” host said. “J.P. Morgan, Bank of America, Wells Fargo and Citigroup all delivered substantial earnings beats, even as only J.P. Morgan and Citi actually gave you that higher-than-expected revenue that I like to see.”

For Cramer, the “headline numbers” — how the earnings and revenue results compared to analysts’ estimates — were less important than the banks’ net interest margins, loan growth and capital return plans.

Energy guru Charif Souki, the chairman and co-founder of Tellurian, told CNBC on Wednesday that the natural gas industry is going to need a major fund infusion to keep drilling.

“We have so much natural gas in this country,” Souki told Cramer. “Just the amount of gas that is already behind pipe, or that is going to be found because of oil production at $60 a barrel, is going to require over $150 billion of infrastructure investment over the next five years.”

Souki, formerly CEO of Cheniere Energy, co-founded Tellurian to take advantage of the industry’s need for low-cost liquefied natural gas.

Gathering and interpreting big data is proving challenging for many high-profile businesses, Splunk President and CEO Doug Merritt told Cramer on Wednesday.

“I meet with hundreds of customers every single year and they’re all wrestling with that challenge of big data’s growing like crazy and how, ultimately, to get insights,” the CEO said. “But that starts, in the very beginning, [with] what data do we even look for? How do I find big data? What are sources of big data? Then, how do I correlate these colliding streams that are hard to make sense from so I can get those insights and take action?”

Splunk, which manages data for massive companies like Mercedes parent Daimler AG, is a leader in machine data, a segment Merritt said is growing 50 times faster than “traditional business data.”

“Splunk distinguishes itself on a couple of differentiated axes,” Merritt said. “The first … is scale. Our bigger customers are ingesting petabytes of data per day – petabytes per day. It takes 2 million active users on the internet to drive a petabyte of data, so it’s a massive scale. And it’s not just that ingest piece – it’s how do I get real-time information? The whole power of machine data is I’ve got to get quick response times so I can sense and respond.”

In Cramer’s lightning round, he flew through his take on some callers’ favorite stocks:

Intel: “That stuff [about faulty chips] is nonsense. There was some degradation. It will not even matter. You will not look back. You will not be able to see why that stock went down. I trust [CEO] Brian Krzanich. He’s a good man. If he tells me the problem’s solved, the problem is solved.”

Exelon Corporation: “No, I prefer to make [mad money] in Dominion, American Electric Power, which has come down a great deal, or ConEd, which has also gotten hammered.”

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!
Mad Money TwitterJim Cramer TwitterFacebookInstagramVine

Questions, comments, suggestions for the “Mad Money” website? madcap@cnbc.com

Source: Tech CNBC
Cramer Remix: The real ‘wild card’ behind soaring retail revenues

Comments are closed.