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Tuesday, 30 June 2020

Investment - #JimCramer #NYSE #WallStreet Jim Cramer on Tuesday's Market: TheStreet: Investing Strategies 67.3K subscribers


Jim Cramer breaks down what he is watching in the market on Tuesday. 

Jim Cramer is watching the companies that plan to pause advertising. Here's how he feels about Facebook stock now. 

Other notable companies include Coca-Cola, Diageo and Unilever are just a few of the scores of global brand giants that have said they will pause social media ad spending for the month of July -- and in some cases until the end of the year -- unless companies such as Facebook do more to eradicate hate speech and misinformation on their social media platforms. 

This comes after some brands--including North Face, Ben & Jerry's and Patagonia--specifically paused advertising on sites such as Facebook due to its policies. However, not all of the brands--like Coca-Cola--have said that their ad pause is part of the boycott, but rather an overarching pause for the company to reevaluate where spends on advertising.

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