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The board recommends approving...
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To most quarterly earnings...
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**Jim Cramer** (1:01)
My mission is simple, to make you money.
I'm here to level the playing field for all investors. There's always a boom working somewhere, and I promise to help you find it. Mad Money starts now.
**SPEAKER_6** (1:17)
Hey, I'm Cramer.
**Jim Cramer** (1:18)
Welcome to Mad Money. Welcome to Cramer. Other people make friends. I'm just trying to make you a little money. My job is not just to entertain, but to teach you. So call me at 1-800-743-CBC to meet Jim Cramer. Sometimes the market can be like an abstract painting, something not meant to look like anything specific. Other times, it's a still life, capturing every detail like a photo. And sometimes it's just an impression stream, a painting that exaggerates what happens at that moment, struggling with people looking for a photo or a can of paint thrown at the canvas. Today we got the ladder with the Dow gaining 150 points, the S&P climbing 0.38%, Nasdaq jumping 0.62%.
Like I say, I'm a bowl of fruit. We got exaggerated runs in Med to Apple, Alphabet, even Amazon. Oh, it was a beautiful picture. But does it reflect reality?
I don't know about this brilliant still life because just like an inscrutable and precious artist painting, I think it's more of a colored canvas in reality. I now judge the painting because frankly, nobody I spoke to could figure out what the heck was happening today.
Let's look first at the bizarre fruit bowl of success and show you why I think it could be an illusion.
**Jim Cramer** (2:32)
All starts with Alphabet.
**Jim Cramer** (2:33)
This morning, our own Becky Quick interviewed Warren Buffett. Close followers of Alphabet listened to Buffett explain why it was his decision. He made the decision to be able to buy the stock, not Berkshire Hathaway's new CEO, Greg Abel. Buffett initiated. He chose it. No one knew this until Becky's terrific scoop. Now, we know that Buffett has historically disliked that. In fact, as Becky pointed out, the only one that he's ever really embraced was Apple. But that one did produce one of the greatest gains of all time. Becky didn't let the Oracle phone go off the hook. She pressed him on all the new stock output had an issue, have a whole industry spending hundreds of billions of dollars, it doesn't have more than they have, just to be able to succeed in the AI race. Buffett seemed okay with the debt, okay with the extra stock. As I told everyone to listen, we got something like what happened on the day we first learned that Buffett had first bought some Apple. It was the start of a wonderful relationship. He doesn't buy things idly. Today's painting of Google made Buffett seem like someone who really kicked the tires and felt better for it. That's the endorsement people have been looking for, and that's why the stock jumped over 3% and finally starting to clear away from where the giant secondary was offered. The impressionists would paint Apple in a similar color. Buffett again explained how much he liked the stock of Apple, even as he sold some. And nobody but Buffett could make some analyst who just put a cell on the stock look silly. Did Buffett know about DRAM pricing, market share, China figures? He follows Apple and he approves.
We have an investing club meeting tomorrow, and I'm most concerned about the stock of Microsoft, which we own for the travel trust. I fear negative news about Copilot, a weaker than expected Azure Web Services number, and even some software worries, as companies that have been clients have been switching to Anthropics Clawed to develop their own software that substitutes for Microsoft's expensive products. But then an abstract artist over at Citi puts out a piece today that says everything I care about is wrong.
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