Skip to main content

Happy Hump day!

Here are some of the headlines that Jim Cramer is watching. 

Alphabet's Stadia Streaming

Real Money's Stock of the Day Alphabet, the parent company of Google (GOOGL) - Get Alphabet Inc. Class A Report , unveiled its new cloud-based video-game playing and sharing platform, Stadia, at the Game Developers Conference in San Francisco on Tuesday afternoon. The new platform will be powered by chips made by AMD (AMD) - Get Advanced Micro Devices, Inc. Report  and will launch sometime this year.

Google's Stadia will allow players to instantly join games they view on YouTube via a "Play Now" button in the corner of the screen. Games will be available to play on desktop computers, laptops, tablets, TV sets and phones without requiring a console. Google has also made a custom Stadia Controller that connects directly via Wifi to a Stadia game-playing session; it will have one button to share content with other users, and another to connect with Google Assistant, report TheStreet's Tony Owusu. 

TheStreet Recommends

FedEx's Earnings Miss

FedEx (FDX) - Get FedEx Corporation Report  cut its fiscal 2019 profit forecast for the second time in three months after posting weaker-than-expected fiscal third-quarter earnings.

FedEx said it expects earnings for fiscal 2019, which ends in May, in the region of $15.10 to $15.90 a share, down from its December forecast of $15.50 to $16.60 and 7 cents shy of analysts' forecasts. The Memphis-based company said challenges linked to its $4.8 billion acquisition of TNT Express, a key component of its international business, continues to weigh on profits, as will a broader global slowdown in trade and package demand.

Related. Jim Cramer: If Trade Talks Break Down, Expect Another Leg Down

Related. Investors Await Clarity on Alphabet's Attempt to Upend the Gaming Industry

How Much Money Will I Need to Retire? Want to learn about retirement planning from some of the nation's top experts? Join TheStreet's Robert "Mr. Retirement" Powell live in New York on April 6 for our Retirement Strategies Symposium. For a limited time, tickets are available for $99 for this full-day event. Check out the agenda, learn about the speakers and sign up here.

Watch Jim Cramer's Daily NYSE Show and Replays Below