On the day of Snap's (SNAP) big IPO, Jim Cramer looks at the company's ad revenue and compares the launch to Facebook (FB) and Twitter (TWTR) .
Snap is far from the only name driving the markets. Jim also gave his take on earnings from Kroger (KR) , Anheuser-Busch Inbev (BUD) and Burlington Stores (BURL) .
Jim talks about Exxon Mobil's (XOM) upgrade by Credit Suisse, breaks down why the Action Alerts PLUS Portfolio just bought shares of Western Digital (WD) . He also previews earnings from Costco (COST) .
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Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
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