Jim Cramer Weighs in on IBM Earnings, Tesla Downgrade and Trade Talks [TheStreet.com]
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Jim Cramer Weighs in on IBM Earnings, Tesla Downgrade and Trade Talks We're halfway through the week already. At the open on Wednesday, Jan. 23, the Dow was up 206.23 points. The Nasdaq was up 42.61 and the S&P 500 was up 12.56. IBM IBM is 's stock of the day IBM ( reported TheStreet's "We see the strong bookings Red Hat recently reported as further evidence of clients' confidence in the value," IBM CFO Jim Kavanaugh told investors on a conference call late Tuesday. "Remember, the quarter ended a month after the transaction was announced. From a value perspective, in addition to the growing Red Hat business itself, we see an opportunity to lift all of IBM by selling more of our own IBM Cloud and by selling more of our analytics and AI capabilities on OpenShift across multiple platforms." Tesla's Newest Downgrade reported on Tesla's most recent downgrade The company's growth story is in jeopardy, according to the latest RBC note on the electric vehicle maker. The firm's analysts downg
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