Social media stalwart Twitter Inc TWTR surprised the Street yesterday when right before it declared its fourth-quarter results it announced that it has signed a deal with search giant Google Inc GOOGLGOOG, which will allow the tweets from users become visible on Google searches as soon as they are posted.
CNBC's Jim Cramer recently weighed in on the deal.The 'Holy Grail'
He continued, “This is kind of what the Holy Grail; this is what I wanted. It’s like I look up something in Google and I immediate want to follow it and I just hit. Now, people say that was kind of there already.”How Is This Different?
When reminded that Google and Twitter earlier had a similar deal that the former CFO or COO of Twitter led expire, Cramer remarked, “But this blows away that whole, you don't have to worry about monthly average users. It takes that narrative away.” “I think it’s very positive. Look, if monthly average users are to start going up and this does it, then, hey, [...] that’s all it takes.”© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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