Tesla's On a Tear: Jim Cramer on Tesla, Iowa Caucus and Alphabet's Earnings

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Here's what Jim Cramer is watching Tuesday.

Let's Start With the Iowa Caucus

So, what exactly happened?

Late last night it was announced that the results of the Iowa Caucus would be delayed.

The Iowa Democratic Party released a statement Monday saying that there were inconsistencies in the reporting of three sets of data, but that the tabulating and results-checking process was sound.

They said, and I quote, “this is simply a reporting issue. The app did not go down, and this is not a hack or intrusion.”

The app in question is new, but there have also been changes made to the result-reporting process.

Talkin' Tesla

Tesla hit $900 a share in premarket trading.

It was soaring yesterday, up 19% at one point.

And, Finally, Alphabet

Alphabet (GOOGL) - Get Report reported earnings after the bell Monday night.

Alphabet reported fourth-quarter earnings of $15.35 a share, well ahead of analysts' forecasts, but revenue of $46.08 billion, an increase of 17.3% from a year earlier, that came in below estimates of $46.9 billion.

The company also provided details on two of its key business units - YouTube and cloud - for the first time, with both showing solid revenue growth rates that, however, still disappointed investors.

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