Your Stock Market Breakdown: Jim Cramer on Jobs, Arista, Exxon, Alibaba and More

Credit: The Street
Published on November 1, 2019 - Duration: 03:56s

Your Stock Market Breakdown: Jim Cramer on Jobs, Arista, Exxon, Alibaba and More

Another month, another critical jobs report.

Jim Cramer and research analyst Zev Fima are breaking down everything you need to navigate the first trading day of November from the October jobs report to earnings from Arista Networks , Exxon , Alibaba , Chevron and more.

Doing the job?

Markets shot upward with the S&P and Nasdaq hitting new highs following a surprisingly strong showing from the October jobs report.

Nonfarm payrolls rose by 128,000 in October, the Labor Department's Bureau of Labor Statistics reported on Friday, above economists' consensus forecasts of 89,500.

Jim Cramer breaks down what the latest report says about the economy going forward.

Arista Clouds Its Forecast Despite beating earnings expectations, Real Money Stock of the Day Arista fell over 27% in early trading Friday after issuing disappointing guidance.

Arista expects revenue to fall on "sudden softening in Q4 with a specific cloud titan customer." Is Arista testament of the interdependence among major tech stocks?

Check out Cramer's full take on the jobs report and earnings in the video above.

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