Monday Madness: GE, China, and Micron

It's only Monday.

But, hey! It's the end of the day on Monday! That's saying something, right? 

Let's talk about today's top stories. 

We're starting off with the General Electric Co. (GE) merger. The $11.1 billion deal shot GE stock up 2% before the markets closed. Wabtec Corp. (WAB) was up nearly 4% before the markets closed.

In the short run of things, Tesla was back in the headlines, the trade war is over (for now), and Micron's CEO took the stage.

GE's $11.1 Billion Deal With Wabtec Should Have Warren Buffett Feeling Very Sad

TheStreet's Brian Sozzi thinks that Warren Buffett should be feeling more than the Monday blues. 

If GE CEO John Flannery has more clever deals like this up his sleeve this year, then Warren Buffett will be kicking himself for not buying at the March 2018 lows. Buffett said at Berkshire Hathaway's ( (BRK.A) ) ( (BRK.B) ) recent annual meeting he wasn't looking at buying part, or all, of the struggling GE. Whoops.

Sozzi breaks down the trade war and Jim Cramer's speech to Bucknell graduates in this quick read.

Jim Cramer on U.S.-China Trade: The Media Has it Wrong

Cramer thinks that the media is talking about the China-U.S. trade situation wrong. 

Here's the short clip of TheStreet's Scott Gamm interviewing Cramer. 

Micron CEO: Internet of Things and Data Economy Will Drive Company's Growth

Sanjay Mehrotra, CEO of Micron Technology Inc. (MU) , spoke at the chipmaker's investor day on Monday, May 21.

TheStreet's Francesca Fontana covered the event. She has some hot takes from the CEO, who broke down the speech. 

Mehrotra said that as the Internet of Things expands and the world becomes more and more digital, there will be continually growing demand for storage and memory that will benefit companies like his in the future, said Fontana.

Check out her story and coverage.

TheStreet presents on May 22: "How to Stomach Market Volatility." Hosted by Fisher Investments, the exclusive live webinar will give you the tools to successfully navigate market volatility and discuss why having a wealth manager is more critical than ever before. Quickly register for the event here.

More from Opinion

Red Hat CFO Tells TheStreet: Tech Trends Are Still in Our Favor

Red Hat CFO Tells TheStreet: Tech Trends Are Still in Our Favor

Throwback Thursday: Intel Edition

Throwback Thursday: Intel Edition

Intel's Next CEO Should Try Harder to Protect Its Flanks Against AMD and Others

Intel's Next CEO Should Try Harder to Protect Its Flanks Against AMD and Others

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

Wednesday Wrap-Up: GE and Facebook

Wednesday Wrap-Up: GE and Facebook