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Amazon Strikes Back: Jim Cramer on the JEDI Contract, Nvidia Earnings, RH

Happy Friday! Jim Cramer and ActionAlertsPLUS.com research analyst Zev Fima are breaking down everything you need to know heading into the weekend from Amazon's challenge of the award of the $10 billion Pentagon to Microsoft to earnings from Nvidia . Inside the Nvidia Mousetrap Jim Cramer's favorite dog is back and ready to bark. Nvidia said non-GAAP earnings for the three months ending on October 27, the group's fiscal third quarter, came in at $1.78 per share on revenue of $3.014 billion. More in focus, however, was the softer expectations for the fourth quarter with revenue of $2.95 billion expected. At the end of the day though, Jim Cramer noted in his latest column on Real Money that Nvidia has a critical advantage going forward: "They have no competitors." So what should investors expect from Nvidia's revenue going forward? Catch Cramer's full take in the video above. Amazon Isn't Going Down Without a Fight Amazon plans to challenge the $10 billion award of the Pentagon's JEDI contract to Microsoft, citing 'unmistakable bias." During the summer, President Trump, who has famously feuded with Amazon CEO Jeff Bezos, called for a review of the bidding process of the JEDI contract. At the time, many on Wall Street expected the contract to go to Amazon Web Services. Is this challenge a new hope for Amazon or has Jeff Bezos already lost? Warren Goes Shopping for Furniture With the release of Berkshire Hathaway's 13-F, investors got a little insight into the names catching Warren Buffett's attention. Most notably, Berkshire disclosed a stake of 1.2 million shares in Restoration Hardware parent RH . Why was now the right moment for Restoration Hardware? Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below

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