Cramer said that McDonald's All Day Breakfast has not run its course after the company posted its second-quarter report.
AOL's CEO says the newly teamed-up trio - Yahoo, AOL and Verizon - would not follow Facebook and Google's strategies.
Michael Arone of State Street Global Advisors says much like summer romance, this recent rally in stocks could cool down as temperatures do.
Cramer said he is excited for what Verizon's $4.8 billion deal to buy Yahoo means for AOL CEO Tim Armstrong.
Carl Quintanilla is an Emmy-winning reporter and co-anchor of CNBC's "Squawk on the Street," broadcast live from the NYSE.
Simon Hobbs co-anchors the 10 a.m. hour of CNBC's "Squawk on the Street" live from the New York Stock Exchange.
Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."
“Squawk on the Street” Co-Anchor
Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.