economy

March 3, 2026

What Jim Cramer wants to see from CrowdStrike's earnings as Mideast tensions rise

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

What Jim Cramer wants to see from CrowdStrike's earnings as Mideast tensions rise

TL;DR

  • The stock market plummeted on Tuesday, erasing Monday's gains, driven by investor worries over an extended U.S.-Iran conflict.
  • International oil prices, including Brent crude and West Texas Intermediate, surged due to Iran's threat to blockade the Strait of Hormuz.
  • CrowdStrike's stock rose ahead of its earnings report, with Jim Cramer defending its strong demand in uncertain times, and Palo Alto Networks received a buy-equivalent rating from Wells Fargo.
  • Stocks mentioned in the rapid-fire segment were Target, Best Buy, On Holdings, Pinterest, and Cigna Group.

Continue reading the original article

Made withNostr