After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Market bull Jeff Saut told CNBC on Tuesday that the lows are in and the market is headed "much higher."Marketsread more
Urban Outfitters reported earnings and same-store sales for the second quarter that beat analyst expectations, while revenue fell short.Retailread more
President Donald Trump believes he has quite the bargaining chip with the European Union.Marketsread more
Some Apple employees have become disillusioned with the group's culture, where some have thrived while others feel sidelined.Technologyread more
The United States does not have a defense against hypersonic weapons, which can travel at least five times the speed of sound, or a little more than a mile per second....Defenseread more
President Donald Trump renewed calls Tuesday to readmit Russia to the G-7 ahead of the group's summit in Biarritz, France, this weekend.Politicsread more
Biden has shown staying power at the top of a jammed Democratic field even as polling numbers for Sanders, Warren and Harris wax and wane.2020 Electionsread more
The FDIC on Tuesday votes to approve a five-agency revision of the post-crisis regulation known as the Volcker Rule.Financeread more
Jim Cramer saw two very disparate quarters from both Nike and Micron this week. And while one company deals with sneakers and the other with semiconductors, Cramer thinks they could actually both be a play on the same thing.
One company is a proprietary business that requires an insane amount of technology costs, large barriers to entry, and a massive investment in plant, equipment and R&D just to stay on top.
The other is a pure commodity play that has no differentiation at all and can lose share at any time because it doesn't have any barriers to entry. It also has low technology costs and almost no research.
Believe it or not, the first company is Nike and the second is Micron.
"People always seem to confuse the value of technology to some industries like apparel and the value of it to others, like personal computers," the "Mad Money" host said.
Cramer would even argue that more R&D goes into a new piece of apparel, or new Nike sneaker, than what goes into a personal computer.
And besides Under Armour, it seems that these days Nike is distancing itself from the pack because of its innovation.
Micron, on the other hand, spends a lot on flash technology and is still just the maker of dynamic random-access memory, fondly known as a DRAM. Cramer doesn't see anything about a DRAM these days that is any more special than a technology loaded sneaker.
"Disagree? Then how is it possible that the average price of a basketball sneaker is going higher, while the average price of a personal computer keeps going lower and taking the pricing power of the components inside down with it?" Cramer asked.
And, to make matters worse for Micron, the world has a major glut of PCs. But Nike has a shortage of Air Jordans, even though these two products have been on the market for approximately the same time.
It was also pretty clear to Cramer after listening to Nike's conference call that its next quarter is going to be amazing. It won't matter where the dollar goes or what happens with Greece.
Cramer was hoping that Micron's 3D NAND flash memory business would be able to save the day for Micron, but now he sees nothing but price competition for it down the road.
"Now, comparisons are odious. I don't think you can find a better group of commodity semiconductor manufacturers than the folks at Micron. But Nike? I can't believe how good they are," Cramer added.
Read more from Mad Money with Jim Cramer
Cramer Remix: These oil stocks look cheap
Cramer's pizza wars! Bringing you the dough
Cramer: Greece is the next Venezuela
So while Under Armour will certainly give Nike a run for its money, Cramer believes that the market has room for both companies. Micron, on the other hand, has a dimmer future.
There is no room for anyone in the sad PC business, and unfortunately Cramer predicts it being downhill from here.