The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread more
Trump said oil would be released if needed to keep the market well supplied and he would expedite the approval of pipelines in Texas and other states.Marketsread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
Apple's new iPhones can still send texts, download apps, and make video calls, but the company spends a lot of time and effort marketing its new phones as powerful photography...Technologyread more
Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
After a decade of hosting "Mad Money," Jim Cramer has interviewed countless CEOs. But there was one CEO that called him that stopped him dead in his tracks and shocked him more than any other CEO ever has.
The "Mad Money" host was left with a deer in the headlights look on his face, when Apple CEO Tim Cook called to wish Cramer a happy 10th anniversary. Of course Cramer took the opportunity to educate Cramerica by questioning Cook on the potential downstream benefits of the new Apple Watch.
Cramer elaborated by saying that Apple is not only just about fun technology gadgets, it is also the health company and credit card company of the future. Those are the two areas of growth that Cramer sees Apple gaining the most strength in currently.
Cook said that the watch's impact on health has been so strong that within the first 24 hours of announcing the research kit some 11,000 people signed up for a study in cardiovascular disease through Stanford University. Cook said it would typically have taken 50 medical centers an entire year to sign up that many people.
"Research kit is an absolute gamechanger," Cook said.
Read more from Mad Money with Jim Cramer
Cramer Remix: I'm making a bold call on oil
Cramer: Forget oil—crash hasn't happened & won't
Cramer: Stop worrying about stocks—Time to listen!
Cramer also believes that Apple Pay will be a major gamechanger in the retail sector. Those customers will start to demand it from retailers, and they will need to convert to Apple Pay.
"I totally think you're right. You said last year that it would take the country by storm, and it is doing it. We've already got 700,000 locations accepting Apple Pay," Cook noted.
The mantra that Cramer has been encouraging investors for years to abide by is to own Apple, don't trade it. He still considers it to be a cheap stock with a strong balance sheet. Does Cook also agree with this mantra to trade his stock?
"For people that have owned the stock for 10 years, our stock price 10 years ago when you started 'Mad Money' was less than $6 on a split adjusted bases. So you can bet those people are extremely happy right now," he answered.