Why are we getting all of these upgrades, including multiple recommendations that include estimate bumps? Tax reform, says Jim Cramer.
It looks like Wall Street didn't even come close to discounting the favorable impact of tax reform.
The Nasdaq rises as big-cap tech stocks finish higher.
Hurricanes and forest fires weighed on the company's results and hurt guidance. But otherwise, business is doing well.
Big-cap tech stocks are leading a rebound for the Nasdaq index on Wednesday but risk aversion remains a key theme.