Negative Chatter Can’t Sink a Loved Stock
From Yahoo Finance: 2025-04-28 18:13:00
Jim Cramer discussed Elon Musk’s Department of Government Efficiency (DOGE) targeting wasteful government spending. Musk’s plan to step back from DOGE boosted his firm’s shares by 10%. Cramer also addressed the impact of tariffs on businesses and the market’s positive reaction to the President’s calm demeanor. He speculated on increased coal exports to India. Data center stocks like Amazon Web Services have struggled, but Cramer sees potential growth. ServiceNow, Inc. (NOW) saw a rise in shares after surpassing Q1 profit estimates and raising revenue guidance. Cramer sees potential in AI stocks over NOW.
Read more at Yahoo Finance: Negative Chatter Can’t Sink a Loved Stock