Here's one way you know when the market is hot.
A post shared by KATY PERRY (@katyperry) on
Perry wrote on Facebook Inc.-owned (FB) Instagram Wednesday morning that she and the Oracle of Omaha discussed cryptocurrency. The conversation came just before popular digital currency bitcoin surpassed $11,000 in value early Wednesday.
While Perry is more widely known for her on-stage performance than her market performance, she's become a veritable businesswoman since taking the U.S. airwaves by storm about a decade ago.
Perry earned $33 million last year, according to Forbes, and has an even stronger 2018 teed up with endorsement deals inked for Procter & Gamble Co.-owned (PG) CoverGirl, Hennes & Mauritz-owned (HMRZF) H&M and a gig on "American Idol."
Facebook is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells FB? Learn more now.
More of What's Trending on TheStreet: