Jim Cramer Weighs In on Facebook's Earnings and Intel's New CEO
It's been a long week, so let's keep this short and sweet.
At the open, the Dow was down 86.24, the Nasdaq was up 23.83 and the S&P 500 was up 1.49.
Has Facebook Really Turned Around?
Whether or not Facebook (FB) - Get Report is actually turning itself around and focusing on the safety and security of users--as Mark Zuckerberg himself claimed last night on the earnings call--doesn't seem to matter to investors. Share of the social media company were soaring during the earnings call late Wednesday night.
Facebook is Real Money's stock of the day.
The momentum even carried into Thursday morning, which saw Facebook shares hold steady up nearly twelve percent when the stock opened for trading.
Jim Cramer breaks down what he was paying attention to during Facebook's earnings and the company's potential turnaround story.
Facebook is a name in Jim Cramer's Action Alerts Plus portfolio. Check out the other names here.
Intel's New CEO
Intel (INTC) - Get Report announced its new CEO Thursday, Jan. 31.
And yet...it's someone that investors of the company are already familiar with.
Robert Swan, interim CEO, announced that he had officially taken the position of permanent CEO.
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