The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia traded lower on Monday afternoon, as a Nasdaq-style technology board on the Shanghai Stock Exchange marked its debut.Asia Marketsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
In the interview, Cook cast the trade-related economic weakness in China as "temporary," saying it was in both countries' "best interests" to reach an agreement.
"It is a very complex trade agreement and it needs to be updated, but as I've said before, I'm very optimistic that this will happen," Cook told Cramer. "That clearly will be good not only for us, frankly, but I think more about the world in general. The world needs a strong U.S. and China economy for the world economy to be strong."
The U.S. and China will continue trade talks in Beijing for an unscheduled third day, a member of the U.S. delegation said on Tuesday, as the world's two largest economies looked to resolve their bitter trade dispute.
In the interview with Cramer, Cook said he had "heard some very encouraging words" from people with knowledge of the talks "very recently," and had shared his thoughts and concerns with them.
"I felt that Tim came very close to saying that we could have a real breakthrough with China," Cramer said on television after the interview. "He was so encouraging, and he said his information was recent."
According to Cramer, host of "Mad Money," Cook said "'my information is basically real time,' and real-time, he feels a lot better … about a possible China deal." Cook was "more bullish than I was," Cramer adds.
Last week, Apple lowered its first-quarter guidance, citing economic weakness in China as one of the reasons for the pain. Cook later told CNBC he believed U.S.-China "trade tensions" exacerbated the slowdown in China.
If the two countries are able to reach a deal, that will mean good things for Apple's stock, which closed nearly 2 percent higher on Tuesday, Cramer argued.
"It would be a big breakthrough and make people feel like they should be buying shares of Apple at their current levels," he said. "I took [Cook's remarks] as real upside and it made me feel like the stock is in the process of bottoming here."
Cook also told Cramer that Apple's growing ecosystem of devices and services is "probably underappreciated" by the naysayers on Wall Street.
— Reuters contributed to this story.