Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Markets in Asia edged up in Tuesday morning trade as investors awaited the start of a closely-watched meeting by the U.S. Federal Reserve, set to kick off later stateside.Asia Marketsread more
Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Chinese President Xi Jinping will travel to North Korea this week for a two-day visit, ahead of a possible meeting between Xi and President Donald Trump at next week's G-20...Politicsread more
The Pentagon said that the crew of one of the tankers, the Japanese Kokuka Courageous, found an unexploded limpet mine on its hull following an initial explosion.Politicsread more
Despite the popularity of companies like Beyond Meat and Impossible Foods, meat consumption around the world continues to rise.Food & Beverageread more
Electronic material that Infowars host Alex Jones turned over to families of Sandy Hook Elementary School shooting victims who are suing him contained images of child...Politicsread more
Facebook's reported move into cryptocurrency could amount to the biggest catalyst for digital assets in their decade-long history, some crypto investors say.Bitcoinread more
In a 7-2 ruling, over dissents from Justices Ruth Bader Ginsburg and Neil Gorsuch, the justices affirmed the so-called "dual sovereignty" exception to the Constitution's...Politicsread more
Eleven banks that lend to shipping lines announced Monday that climate impact will be integrated into the criteria that determines how much shipping companies can borrow, an...Transportationread more
Florida businessman Barry Honig agreed to a proposed judgment with the SEC in a case it called "classic pump-and-dump schemes," according to Monday filings.Crimeread more
"Netflix serves as a powerful reminder that the subscriber business model is incredibly strong here," the "Mad Money" host said. "A recurring service revenue stream is very, very lucrative."
Better yet, Wall Street loved the move, with Netflix's 6.52 percent rise taking the broader market higher. That's a signal that other service providers that charge customers on a recurring basis can follow in Netflix's footsteps, Cramer said.
Calling Amazon Prime "the single greatest bargain on earth," the "Mad Money" host said he "wouldn't even blink" if Amazon raised its $119-a-year offering to $150.
He also noted that when Amazon increased the cost of Prime by 20 percent in 2018, it was met with little to no resistance.
"That's one of many reasons why I think Amazon's stock is a lot less expensive than it seems," he said. "On top of Prime, they've also got the red-hot Web Services division and a rapidly growing advertising biz. Put it all together and I'm a big fan of Amazon['s stock] here in the $1,600s."
The only stock that might be an even bigger bargain is Apple, Cramer said, adding that shares are trading at a "measly" 11 times next year's earnings estimates.
The "Mad Money" host said Apple's stock could "explode higher" if it raised prices for its increasingly sticky services, particularly given the pressure it has endured amid weakening iPhone sales.
"Every month I pay Apple to back up my photos and insure my phones. Don't you? Every month I pay [for] Apple Music," Cramer said. "They are automatically charged to my AmEx account. If Apple were to put through a price increase on any of these services, I'd feel compelled to keep paying for it."
That longevity, coupled with Wall Street's embrace of Netflix's price bump, means these companies are essentially in the clear when it comes to raising prices, he concluded.
"The bottom line? What matters right now are the expectations, and so far, they're being exceeded both by the companies reporting earnings and the likes of Netflix that are raising their prices because there's no resistance to doing so," Cramer said. "That is all positive in a market where people are still negative, so negative that it staggers the mind."