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Jim Cramer says strong earnings from 'actual businesses' are driving the 'real economy'
AlphabetAlphabet(US:GOOGL) CNBCยท2025-10-21 22:53

Group 1 - Strong earnings from companies in the "real economy" contributed to a market rally, despite focus on the Magnificent Seven tech companies [1][2] - The Dow closed up 0.47%, while the S&P 500 remained flat and the Nasdaq dipped 0.16% [2] - Aerospace and defense company RTX Corp reported exceptional quarterly earnings attributed to complex military systems [3] - GE Aerospace also reported impressive earnings for commercial jet engines and aircraft service [3] Group 2 - 3M showcased superb performance after innovating 70 new products during the quarter, resulting in a 7.66% increase in stock price [3] - General Motors had a strong quarter, with internal combustion hybrids proving more profitable than electric vehicles [4] - Life sciences company Danaher reported positive earnings, indicating a stronger year ahead [4] - Coca-Cola exceeded expectations due to successful new product offerings led by CEO James Quincy [5]