Cramer: Big Tech giants like Microsoft can absorb market shocks
Jim Cramer said on CNBC's Mad Money that companies including Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, Tesla, SpaceX, Anthropic and OpenAI have grown so dominant and profitable that they resemble 'nation states.' He pointed to Microsoft's latest earnings as evidence, noting revenue grew 19%, Azure cloud revenue jumped 48%, and capital spending came in below Wall Street forecasts, sending shares up 4% after hours.