Happy hump day!

Jim Cramer weighs in on Big Tech's--AKA Amazon (AMZN - Get Report) , Facebook (FB - Get Report) and Alphabet (GOOGL - Get Report) --congressional hearings, CSX's (CSX - Get Report) earnings and his thoughts on the financial sector post-earnings.

Let's Talk Big Tech

In his Real Money column early Wednesday morning, Cramer weighed in on the impact of the congressional hearings on Big Tech. 

His biggest concern?

"...Regulated businesses tend not to make as much money as non-regulated businesses," he wrote. 

Here's Cramer's thinking: 

When Big Tech goes to Washington, you have to worry about what's headline risk and what's EPS risk -- and the gulf between the two is huge.

So, with that in mind, should Big Tech investors start to worry when Big Tech hops on a plane destined for Capitol Hill?

CSX's Earnings

Real Money Stock of the Day CSX posted earnings after the bell last night.

The company reported earnings per share of $1.08, which was three cents shy of what analysts on the Street were expecting. 

"Both global and U.S. economic conditions had been unusual this year, to say the least, and have impacted our volumes," said Jim Foote, CEO, on a conference call late Tuesday. "You see it every week in our reported carloads. The present economic backdrop is one of the most puzzling I have experienced in my career."

Does Cramer agree that this economic backdrop is puzzling?

The Financial Sector

Whew. 

It's been a busy week for the financial sector. 

So far this week, we've received earnings from the big banks including JPMorgan Chase (JPM - Get Report) , Citigroup (C - Get Report) , Bank of America (BAC - Get Report) , Goldman Sachs (GS - Get Report) and Wells Fargo (WFC - Get Report) . 

Now that we know how the banks performed last quarter, is now the time for investors to jump into the financial sector?

Catch more insight from Cramer during his ActionAlertsPLUS.com investing call. LIVE today at 11:30 a.m. ET. 

Related. Jim Cramer: Big Tech in Washington Will Mean an EPS Hit