Research by Mark Zandi, the chief economist for Moody’s Analytics, showed earlier in the year (2) and again recently (3) that the top 10% of earners in the country are responsible for nearly 50% of all consumer spending. The data also show that the bottom 80% — those making under $175,000 a year — are merely keeping pace with inflation (4). He added that if those high-earners “turn more cautious” about spending, “the economy has a big problem.”One explanation for the mixed economic signals is that rising co ...

Innodata Inc. (NASDAQ:INOD) is one of the stocks Jim Cramer recently answered questions about. A caller sought Cramer’s opinion of the stock, and he replied: “Yeah, digital content. I actually like this company. It’s [got] a very high price to earnings multiple, but it does at last make money. I at least got to end the… lightning round on one company that seems like a very real company.” Innodata Inc. (NASDAQ:INOD) provides data engineering and AI services, including data preparation, annotation, and m ...

Rigetti Computing, Inc. (NASDAQ:RGTI) is one of the stocks Jim Cramer recently answered questions about. When Cramer was asked about the company during the lightning round, he said: “You mean the one that just had a giant seller, a giant insider selling, a director. No, I don’t want to be there. Giant insider selling does not work for me.” Rigetti Computing, Inc. (NASDAQ:RGTI) develops and operates superconducting quantum computers and provides access to its systems through cloud-based quantum computin ...

Aurora Innovation, Inc. (NASDAQ:AUR) is one of the stocks Jim Cramer recently answered questions about. A caller asked what Cramer thinks of the company, and he commented: “It can’t seem to make money. I can’t recommend stocks at this time that can’t seem to make money. And they are definitely, even with those bloodlines, not making money.” A stock market graph. Photo by energepic.com Aurora Innovation, Inc. (NASDAQ:AUR) develops autonomous driving technology through its Aurora Driver platform. The pla ...

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Tecogen Inc. (NYSE:TGEN) is one of the stocks Jim Cramer recently answered questions about. During the lightning round, a caller inquired about TGEN and mentioned the company signing a letter of intent for a 100 MW+ data center project, with potential expansion of this project to 500 MW. Cramer stated: “It could be good, but they’re losing money. I, you know, it just had a giant move up anticipating exactly that. I’m going to have to say I’m taking a pass.” Stock market reports printed on a sheet of pa ...

Trilogy Metals Inc. (NYSE:TMQ) is one of the stocks Jim Cramer recently answered questions about. A caller asked whether to hold or sell the stock, and Cramer replied, “It is a parabolic move that’s just now declining. You gotta sell that.” Photo by Adam Nowakowski on Unsplash Trilogy Metals Inc. (NYSE:TMQ) explores and develops mineral properties focused on copper, cobalt, zinc, gold, silver, and lead. On October 10, BMO Capital downgraded the company’s stock to to Market Perform from Outperform and ra ...

AST SpaceMobile, Inc. (NASDAQ:ASTS) is one of the stocks Jim Cramer recently answered questions about. When a caller asked about the company during the lightning round, Cramer said: “Okay, see this is the kind of company, alright, this is what I hate. I know that they filed a big convertible after the close. That is exactly what I’m most afraid of. That’s an equivalent of a big corporate finance. It’s going to push the stock down. That’s what I’m seeing with a lot of this speculative stuff. No, no, no.” ...

Micron Technology, Inc. (NASDAQ:MU) is one of the stocks Jim Cramer recently answered questions about. A caller asked Cramer’s thoughts on the stock, and he replied: “I like Micron, but it’s just had a parabolic move, and we can’t buy parabolics. We have to wait for it to come back down. I think it’s not that expensive because the numbers for DRAMs are coming up. But I do believe that you have to let that one have a little bit of a break before you jump in there.” Micron Technology, Inc. (NASDAQ:MU) de ...

Eli Lilly and Company (NYSE:LLY) is one of the stocks Jim Cramer recently answered questions about. Answering a caller’s query about the stock during the episode, Cramer said: “Here’s the problem with Lilly: they need to have something else to come out. They need something that’s big that the insurance companies will cover, for their drug, because right now, a lot of people just feel, you know what, this Ozempic thing, it’s played out. If you get something else, a new indication, that will ignite the stoc ...