Cramer sees opportunity amid tech turmoil and predicts a holiday win for FedEx
- ID
- 40814
- Status
- summarized
- Published
- 30 Oct 2026, 12:01 AM
- Fetched
- 30 Oct 2026, 12:28 AM
- Provider
- CNBC Technology
- Category
- technology
- Original URL
- https://www.cnbc.com/investingclub/2026/10/29/cramer-sees-opportunity-amid-tech-turmoil-and-predicts-a-holiday-win-for-fedex.html
- Source URL
- https://www.cnbc.com/id/19854910/device/rss/rss.html
Summary
- Score
- 1.5
- Created
- 30 Oct 2026, 12:29 AM
- Tags
- Audience
- saas_startup_founders
What happened
CNBC's Investing Club recap says Jim Cramer called Thursday's tech selloff a 'day of opportunity,' arguing investors are selling strong companies alongside weak ones after Alphabet missed revenue expectations and its core Search business fell short for a second straight quarter. Microsoft initially rose on a strong quarter with accelerating Azure revenue growth before succumbing to the selloff, while Eli Lilly hit an all-time high on a beat-and-raise quarter for its obesity and diabetes treatments. Amazon and Intel were set to report after the bell.
Why it matters
There is no direct action for developers, AI learners, or SaaS founders here: this is stock-picking commentary, not a product, policy, or technical change. The only concrete signal is the contrast between accelerating Azure revenue growth and Alphabet's second consecutive Search miss, but the excerpt gives no figures or implications for cloud/SaaS budgets.
Discussion angle
Should founders treat tech earnings headlines as a signal for cloud/SaaS spending, or is this mostly market noise that should not change a roadmap?