« I come to praise the titans of tech, not bury them, » « Mad Money » host Jim Cramer said as Big Tech chief executives testified in front of a congressional subcommittee.
CNBC’s Jim Cramer on Wednesday bemoaned the congressional hearing on antitrust claims in Big Tech, arguing that the companies included in the event should be considered America’s « national champions » in a globalized world.
Another company in Microsoft, which was not summoned in the hearing, can also be considered among the prized group, he said.
« I come to praise the titans of tech, not bury them, » the « Mad Money » host said, in an effort to « reframe » the discussion after the chief executives of Facebook, Amazon, Apple and Alphabet’s Google testified Wednesday afternoon in front of a House Judiciary subcommittee.
These companies are the « best things the American economy has going for it » and the hearings « feel more like an opportunity to rake the ultra-rich over the coals, » he said.
