Global Market Trends and Business Developments

In the latest episode of 'Mad Money's' Lightning Round, host Jim Cramer answers callers' stock questions at a rapid pace. Cramer shares his opinions on various stocks, including Ambiq Micro, Albertsons, uniQure, Chevron, LCI Industries, and Dillard's. He expresses a preference for Broadcom over Ambiq Micro and advises caution or profit-taking in certain stocks. Cramer's comments are based on his analysis of the companies' performance and market trends.

CNBC's Jim Cramer guided investors through next week on Wall Street, highlighting key earnings reports from McCormick, Delta Air Lines, and Dell's analyst meeting. Cramer also discussed quarterly reports from Constellation Brands and PepsiCo, as well as commentary from Chicago Federal Reserve President Austan Goolsbee. He expressed concerns about the economy outside of data center-related business, advocating for another rate cut from the Federal Reserve. Cramer analyzed various stocks, noting that McCormick may perform well in a slower economy due to its 'excellent trade down material', while PepsiCo faces challenges from activist investors and the growing popularity of GLP-1 weight loss drugs.

CNBC's Jim Cramer believes that DraftKings is a buying opportunity despite recent losses, as he thinks the threat from online prediction markets is overblown. DraftKings' stock has dropped over 20% from its September highs, but Cramer suggests that the company's solid quarterly report in August and the potential for future growth make it an attractive investment. He notes that while prediction markets like Polymarket and Kalshi are gaining traction, their offerings are 'pretty barebones' compared to DraftKings, and it's unclear if they're taking market share. Cramer also highlights that prediction markets face legal issues and may be subject to stricter regulations in the future.

The article discusses the potential sale of TikTok US to a consortium led by American investors, as agreed upon by Donald Trump and Xi Jinping. This move is seen as a resolution to the prolonged saga of TikTok's American misadventures, which has been ongoing for years. The article suggests that ByteDance, the Chinese tech giant behind TikTok, will be better off without its American offshoot. The sale is either a result of the agreement between Trump and Xi or a consequence of a bipartisan law signed in 2024 that would have led to TikTok being banned in America.

The article discusses China's stock market rally, which was engineered by the government last year, and its potential negative impact on the economy. The rally, referred to as '9/24,' was triggered by the central bank's decision to cut interest rates and bank reserve requirements, as well as allowing companies to buy back their shares and institutional investors to leverage their balance sheets more easily. The article suggests that the 'wealth effect' of the rally may not be the only way it affects the economy, and that there may be other, potentially negative, consequences.

The article discusses Donald Trump's efforts to lower drug prices in the US by pressuring pharmaceutical companies to adopt 'most favoured nation' pricing, which ties their prices to the lowest charged in other rich countries. Trump has given leading firms until September 29th to comply or face consequences. The article questions whether Trump can succeed in his efforts to curb 'abusive' prices and examines the broader context of the US healthcare system.

The article argues that Donald Trump's proposed solution to high drug prices in the US is misguided and potentially harmful. The author contends that the problem lies not with 'greedy pharma firms' but rather with the complex healthcare system. The article criticizes the common narrative that American drug prices are excessively high compared to other rich countries, suggesting that this perspective oversimplifies the issue. The author believes Trump's cure could be worse than the disease, implying that his approach might have unintended negative consequences.

The article discusses Saudi Arabia's record buy-out of Electronic Arts (EA), a video game company. The deal is seen as a significant move by Saudi Arabia to expand its influence in the gaming industry. The article highlights the potential implications of this acquisition and puts it into the context of other business deals and trends.