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What Cramer is watching Tuesday — oil outlook, Pinterest and Uber soar, Caterpillar stumbles

Published Tue, Aug 2 20228:53 AM EDT

Jim Cramer @jimcramer

What I am looking at Aug. 2, 2022 Is oil over? I thought it had staying power here but a chartist who called the West Texas Intermediate crude top at about $110 per barrel on "Mad Money," Carley Garner, now says next stop is $85 to $80 range. WTI under $94 per barrel Tuesday morning after falling nearly 5% in the prior session. Pinterest (PINS), what does activist firm Elliott Management want? PINS jumps 18% in the premarket on strong user numbers reported after the bell, despite disappointing quarterly results and guidance. More than 433 million Pinners. $2.7 billion in cash and equivalents and $13 billion market cap. New CEO Bill Ready is from fintech PayPal (PYPL). C