Global  

Jim Cramer's Thoughts on the Trade Talks, Beyond Meat and FAANG

Video Credit: The Street - Duration: 12:49s - Published
Jim Cramer's Thoughts on the Trade Talks, Beyond Meat and FAANG

Jim Cramer's Thoughts on the Trade Talks, Beyond Meat and FAANG

The market is rallying for the sixth day in a row.

What's Going on Between China and the U.S.?

Wilbur Ross, the Secretary of Commerce, talked to CNBC early Tuesday morning about the U.S.-China trade relations and whether or not the two countries can come up with a deal at the G20 Summit at the end of June.

Ross said that he doesn't believe that a definitive trade deal can be reached between the two countries at the summit.

Beyond Meat's Downgrade Real Money Stock of the Day Beyond Meat was downgraded by underwriter J.P.

Morgan Tuesday.

"As we wrote last week, 'at some point, the extraordinary revenue and profit potential embedded in BYND... will be priced in' - we think this day has arrived," wrote analyst Ken Goldman.

The stock was downgraded from overweight to neutral.

The House Judiciary's Hearing on Big Tech The House Judiciary Committee on Tuesday is kicking off its hearing into big tech.

Last week, the committee unveiled a sweeping "top-to-bottom" review of unnamed tech companies, the first probe of its kind by Congress, following reports of a dual effort from the Department of Justice and the Federal Trade Commission to tackle the perceived dominance and potential abuses of tech giants such as Apple, Facebook , Alphabet and Amazon .

Related.

Jim Cramer: There Are Clear Signs of Froth, but Is This Market Out of Control?

More from Cramer Today Full Replay: What Monday's Mergers and Acquisitions Tell Jim Cramer About the Markets The Three Things Jim Cramer Watches For When a Company Announces M&A Plans Why Jim Cramer Says the Raytheon Merger Makes United Technologies a Buy Advice from Jim Cramer: Setting Up A Portfolio For Your Grandchildren

0
shares
ShareTweetSavePostSend
 

You Might Like


Tweets about this


Related videos from verified sources

How to Protect Your Portfolio Regardless of a Trade Deal [Video]

How to Protect Your Portfolio Regardless of a Trade Deal

Following weeks of corporate anxiety, President Donald Trump and Chinese President Xi are finally set to meet at the G-20 meeting in Osaka, Japan. White House economic advisor Larry Kudlow told Fox..

Credit: The Street     Duration: 01:29Published
Breaking Down the Trade Talks, Nike Earnings, Apple, and the Bank Stress Tests [Video]

Breaking Down the Trade Talks, Nike Earnings, Apple, and the Bank Stress Tests

The Trade Talks President Xi and President Trump are gearing up to meet on the sidelines of the G20 summit in Japan. There's a lot of uncertainty about whether or not we're going to get a trade deal..

Credit: The Street     Duration: 10:59Published
How Investors Should Deal with Trade Talks as Trump-Xi Meeting Approaches [Video]

How Investors Should Deal with Trade Talks as Trump-Xi Meeting Approaches

We're not out of the woods on trade just yet. Late Wednesday, it was reported that a potential truce in U.S.-China talks that could lead to the avoidance of new tariffs when President Trump and..

Credit: The Street     Duration: 01:27Published