It was an ugly start at Tuesday's opening bell with stocks dropping on the strong U.S. dollar, a fresh dip in oil prices and weakness in the European markets. Swiss financial firm, Credit Suisse (CS) is sharply higher after its CEO Brady Dougan confirmed he will step down. The embattled CEO will be replaced by Prudential's (PRU) chief Tidjane Thiam in June. Shares of Urban Outfitters (URBN) popped out of the gate after the retailer beat quarterly earnings. Urban also reported a rise in comparable-store sales for the first time in a year. Twitter (TWTR) has opened an office in Hong Kong. The move comes despite the social microblogger's ban in mainland China.
More from Video
Jim Cramer's Top Stock Pick to Buy for the 5G Revolution
Skyworks and Qorvo will be big players in providing the tech for the switch to 5G, but neither is Jim's top pick.
Novartis Still a Buy Despite Controversy Over Blockbuster Drug
Despite the issues that have bubbled up related to its breakthrough drug for spinal muscular atrophy, Zolgensma, Novartis "has the newest pipeline with many drugs just beginning to have an impact on the company's bottom line," Cramer told members of his Action Alerts PLUS club for investors during an exclusive video-conference call.
Jim Cramer: Mastercard Is One Thing Money Can Buy
The slogan was: There are some things money can't buy; for everything else, there's Mastercard. Fast forward more than two decades and the world of fintech and digital payment processing has changed, and Mastercard has changed right along with it.
Jim Cramer Picks Twilio as Good Buy Despite Recent Controversy
Despite a recent pair of big mistakes, cloud services provider Twilio's explosive growth still makes it a good buy, Jim Cramer says.
Apple Sees a Big Price Target Raise, But There's One 'X' Factor
Apple's fundamentals are looking better every few weeks, but the trade war is unresolved. And it threatens those positive trending fundamentals.