08-04-2016, 10:54 PM
We're finally far enough along in earnings season to start rendering some conclusions, Jim Cramer told his Mad Money viewers Wednesday, as he laid out four themes that are winning and four that are losing big time. Among the themes that are working, Cramer said the humanization of pets is among the strongest, with both Idexx Laboratories (IDXX) and Zoetis (ZTS) seeing strong results. Semiconductors also continue to see strength, and Cramer remains bullish on NXP Semiconductors (NXPI) , among others.
Jim Cramer's 'Mad Money' Recap: Four Winning Themes, Four to Avoid - TheStreet
For anyone who’s been stuck in a traffic jam wishing they could just sail right over everyone in their way, we proudly present this: The Straddling Bus. It seems like just a few months ago we were looking at nothing more than computer-rendered concept videos and miniature models of this crazy thing – and that’s because it was just mere months ago. We originally reported on this mass transit masterpiece in May of this year, and it’s already an actual thing. Those folks in China are not messing around. And who can blame them? Traffic in the world’s largest cities is growing at an untenable level, and this 1400-passenger bus, which looks like a moving tunnel, really, is a pretty clever solution.
Straddle up! China's new megabus plows over traffic, not through it | Digital Trends
To Elon Musk, Tesla Motors Inc. isn’t really a “money-losing business,” despite losing lots of money. After announcing a quarterly loss of $293.2 million — or $149.5 million without pesky things like stock paid out to employees and interest paid on the electric-car maker’s massive pile of debt — the Tesla TSLA, -0.62% chief executive said that his company’s growth negates its lack of profitability.
Elon Musk: Tesla is not really a ‘money-losing business’ - MarketWatch
TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, posed an interesting question on CNBC's "Mad Dash" segment: "Why is the market so strong? What is the bid underneath?" That bid, he said, is Japan. "It's just crazy," Cramer said, citing a Real Money research report by James Gentile. The Government Investment Pension Fund of Japan has taken in some cases enormous stakes in individual U.S. companies. The list includes $2 billion worth of General Electric (GE) stock, $1.5 billion in Alphabet (GOOGL) , $100 million in Whirlpool (WHR) , $180 million in Eaton (ETN) and $150 million in Roper Technologies (ROP) .
Jim Cramer -- Current Market Strength Reportedly Made in Japan - TheStreet
Efforts to combat Aids in Africa are seriously faltering, with drugs beginning to lose their power, the number of infections rising and funding declining, raising the prospect of the epidemic once more spiralling out of control, experts have warned. The UN has set a target of 2030 for “the end of Aids”, which has been endorsed by donor governments including the US, where the president, Barack Obama, said the end was in sight last month.
Hope for 'end of Aids' is disappearing, experts warn | Global development | The Guardian