Jim Cramer Sides With Zuckerberg Over Musk In Social Media Showdown: 'Game, Set, Match'
Portfolio Pulse from Adam Eckert
Jim Cramer, a CNBC host, has expressed his support for Meta Platforms Inc's (NASDAQ:META) upcoming social media platform, Threads, over Twitter. Cramer believes that dissatisfaction among Twitter's 300 million users presents an opportunity for Threads. His comments come after Twitter, under Elon Musk's leadership, faced backlash for limiting the number of posts users can see per day and for introducing a subscription feature called Twitter Blue.
July 05, 2023 | 9:19 pm
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Jim Cramer's endorsement of Meta's upcoming social media platform, Threads, could potentially boost investor confidence in the company.
Jim Cramer is a well-known figure in the financial world, and his endorsement of Meta's upcoming social media platform could potentially boost investor confidence in the company. This could lead to increased demand for Meta's stock, potentially driving its price up in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100