Tesla: Haters Will Hate Even More
According to Cramer,
However, as a supporter of Tesla's products and not necessarily its stock, Cramer acknowledged the earnings report was better than expected although the pending merger with SolarCity Corp
Twitter: Don't Be 'All Ga-Ga'
Moving on to Twitter, the company managed to
He said investors shouldn't be "all ga-ga for Twitter" but the social media company did show an improvement in daily active users that was aided by live sports streams.
Twitter's announcement that it will lay off 9 percent of its workforce should boost the company's bottom line moving forward.
Cramer suggested that he can now see why another company would want to buy Twitter, but doubts it will be for sale moving forward.
Qualcomm: Brilliant Acquisition
Qualcomm's proposed acquisition of NXP Semiconductors NV
Qualcomm's expertise falls within the cell phone segment, while NXP focuses more on the auto space.
Cramer pointed out that the acquisition is even more brilliant when factoring in Qualcomm's overseas cash and NXP's domiciled in the Netherlands.
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