autos, too so i wonder how that's going to pan out. >> autos to mortgages. really drove to pun home double pun there drove home you got it all right. >> that's going to do it for us here we're going to send it over to overtime >> "fast money" begins after overtime >> we're over, overtime. >> that's your show, morgan. right now on "fast money," retail backing and fintech failed and what impact it could have on the ceo's future plus, a buyback battle royale, warren buffett firing back calling critics economic illiterates or silver tongue demagogues later, tesla's electric action the role retail traders and options are playing and the ai frenzy gets a new friend snap launching an ai chat bot. is this a real use case for artificial intelligence?

i'm melissa lee. this is "fast money. on the desk tonight -- we start off with the countdown to g goldman sachs' first inves terror day in three years. it takes place tomorrow. what is is ceo's plan for growth as questions swirl over the collapse of the company's consumer finance business? hugh put out a report today detailing that many of solomon's decisions led to the ultimate failure of the marcus arm. shares of goldman rose half a percent today and are up more than 6% this year. so can solomon deliver a strategy that will get investors back on board? he's got a lot of convincing to do, tim, when it comes to the ability to create durable r revenue streams and whether or not to trust him on like a consumer business. >> goldman sachs have been geared toward cyclicality. if you think about where we've

gone for banks even in the last four or five quarters. i think the quarter will be strong for fixed commodity comparing them to morgan stanley at this point, which is what we used to do all the time. they were really the two big investment banks morgan stanley became a wealth management firm. i think a lot of this focus on saul is overdone as a that plays music in a band over the weekend, i don't think that istracts you from your da job. really since the covid lows, it's outperformed. has goldman really outperformed? >> i don't think so. >> the whole notion it resulted in a "new york times" article a few weeks back that goes to, this is on the article, that's an easy target when a ceo is on the ropes, things like that start to come up and start being an issue because if your ceo plays golf

for six or 12 hours a day on the weekends, that, or your ceo who djs at night, what makes the difference when you're on the ropes, it does >> just exacerbates problems that's the way it goes you signed up for that when you got in the seat. i'm not crying any tears performance aside, if you look at price to book, goldman is lagging its peers. morgan stanley, jpmorgan trade about 1.7 to 1.5 times versus goldman's one. the street is telling you they have always outperformed when it comes to trading i would argue they really had to make a push into that consumer finance business when you look at themultiples, stone, sofi were getting for having a fintech spin, i think they would have been remiss to

miss out on that opportunity jpmorgan got the same type of criticism. for all of that revenue that was f forgone. but when things fell out of bed, they came out shining. i think it's a similar story there's an argument to be made they should stick to their core competencies >> part of the article was that some of the choices that led to the downfall choices like doing credit cards out of the gate. doing things like consumer loans out of the gate. and he cited this former credit card executive who went to goldman sachs, a lot of experience in credit card industry read the apple agreement and said who drew this up? we're giving away the store at this point so you've got to wonder, mike, for investor, saul was in charge when all these decisions were made so who should answer for them? >> first of all, it's a good point when things go sour, whatever outside activities the

ceo has will be under scrutiny the scrutiny jimmy cane was getting for playing bridge something that would probably not have attracted any attention at all if not for the performance of the bank. i agree with bonawyn if you think you run a financial power house and he does, they do, it makes sense you would look at what others are doing in financial services and if you think you have the where with all to go into that space. i can see why they might think that's the case. it is interesting that you would bring talent in that has specific expertise to consumer banking and not heed their advice i mean, the credit card business, infinity credit cards in particular, that seems to be where the money is made. i actually got one of those goldman credit cards and a lot of people around here have seems like it's a good deal for

the consumer and ifthat's true maybe it's not as good for the relative participants and apple strikes a hard bargain >> what's your take on solomon we led with goldman sachs about a month ago. >> fguy is the alum. >> are david solomon's days numbered what do you think? >> i'll back into it for a second i think kadavid's done a tremendous job i think the stock was either side of 200. the stock's below 400 now. it's effectively doubled in his tenure so just on the stock front i think he's done a great job. in terms of his tenure there, there have been some missteps but there have been along the way for the last number of years. since gus leavy took over in 1969, nine gentlemen have held that seat. so the average tenure of these people, typically about five and

a half, six years. lloyd, i think he was there for 12 i think david's done a great job. stability of earnings is something people have always wanted at goldman sachs and to a certain extent, he's brought that to the table. always going to be dissenters. >> the question is do they still wear the crown i'm not going to say they don't. goldman when companies are going to market, they're reaching for goldman first. i don't care what you say and they're going to control the things they can control. meeting the long-term targets are more about efficiency ratios and being north of 60% return on tangible equity. these are articulated in stated objectives of the bank and right now, no reason to say they won't get there. they are beholden to macro they swing a big stick i think when they swing a stick in a down market, it's easier to focus on that.

but i think they still wear the crown. >> what sort of multiple does that sort of specialized bank get? one that will ride high when times are good but will really feel the bumps when things are rocky? if we are to accept goldman as what it has been and that is to ride the cycle, what should that be valued at >> i think that comes into trading and investing acumen. just arguing that isn't that margin of safety inherent in the business model it's really in the executive team and until that changes, i think they'll continue to trade where they've been around ten, 11 times >> guy, what do you think? >> it's interesting. jpmorgan gets that premium valuation, but so much is predicated on the fact including that everybody loves jamie dimon. he tells a great story the question is how deserved at

a certain point. i understand why goldman gets penalize today a certain extent because i think there's still this fallacy they're completely dependent on trading fixed income commodities specifically that used to be the case it's really no longer the calse as people understand the business is far more robust, they're going to get the valuation they deserve >> david will appear on squawk box tomorrow, 8:00 a.m to tesla the stock is revving up. shares rallying over 5%, 68% for the year and it's only february. the ev maker is holding its investor day on wednesday in au austin what are we expecting? we could be getting updates on battery, 4680 battery technology operating margin a cheaper model. there are things that will move the needle

really that would be the global, >> and the discounts, mike, have really worked. >> well, yeah, i mean, that's the interesting thing. we talk about a global car, a value priced car the interesting thing is now that they've discounted the prices and we are seeing their eligibility for that federal tax credit return, the model three, which is their current entry level car, actually is quite competitive with the average car price sold in united states right now. you know, you're not talking about an immensely expensive car if you're talking about that one. obviously you get up to the model s plaid, it's a much more

expensive vehicle, but the carmaker is accessible to average to upper middle class households if they're interested in buying one. but i will also say there's inventory build and i can see it on the lots. >> more now from the lead writer for "the wall street journal's" live markets coverage. great to have you with us. you've written about tesla extensively for the year and the boom in options has been just astronomical the rule of the retail investor has been pronounced, hasn't it >> so true, melissa. what a tear this stock has been on as you said up almost 70%. we're seeing during this run is that individual investors have doubled down on the stock. it is by far the most popular buy among individual investors that's according to the research data as of this year and single day pucrchases of the stock hit a record this year so as tesla recorded one of its worst years on record, you saw individuals say i'm going to buy

the dip in tesla share pss and s paid off >> i would imagine like so many investors out there, they're expecting that musk will have some sort of rabbit to pull out of the hat regardless of how many, the size, he's always got -- >> a couple. >> so the expectation is a run up to the event then a sell the news event is that what you're seeing in the options market >> what was really fascinating today while the stock jumps 5, 6% is a lot of the most popular trades were those types of stock jumping even more through friday 220 calls. that shows you many investors returning to the options market to bet on a continued rally in tesla shares tesla calls have been one of the most popular trades in the entire options market. tesla option that market has just grown tremendously this year people have spent more than half a trillion dollars on tesla options over the past year

making it the post popular option in the entire market. that was certainly on display today while the stock was ripping higher >> especially while shorts were down $7.5 billion in this calendar year. that's the other side of this. it's been a painful place for the shorts >> definitely. after a rare win for the shorts last year, that seem to be short lived for sure >> this seems, obviously tesla's way to go to be one, but it seems like a meme stock. when you talk to people and you're reporting, does the opinion of investors, of the durability of tesla's rally, does it change at all knowing there's such a fervent retail base >> yeah, i think that's what makes it such a tough stock for individual and institutional traders to value that's what made it such a painful short because i do think many bearish investors underestimated that passionate what i hear from investors, hey

this is the next apple the tesla cars like the iphone i'm not selling even though the stock had its worst year on record so i think that makes it a very, very tricky trade for many institutional investors. it's part of what makes so many individual investors very enthusiastic about the stock because they have this community of traders that's kind of having diamond hands alongside them >> thank you great to have you with us. guy, does it change your view? not only is there a really loyal and fervent retail shareholder base, but you know, s&p global mobility had a survey out showing that it's owners, tesla owners, have extremely loyal and that whatever brand damage musk has done with his escapades over the past year, let's put it that way, may have been overcome at this point >> yeah. there's no doubt the current owners are loyal, but what they

need are new owners. they need to continue to grow. $650 billion company and the loyalty the people have had to the stock, well, they were loyal on the way from, where the stock hit at $450 or so down to 100 bucks. that tested their loyalty. the stock, even with this 100% run, it's still 50% from its highs. so keep things in perspective here 225 is moving average. we got up to there again, you know, i'm more the camp that if we sort of gravitate back down towards 165, which is a 50% or so retracement from this move, then we'll see >> i think the technicals you're referring to are what are going to lead the trade ng the stock it's the question whether or not valuation matters. it does unless you're trading tesla or the meme stocks those seem to be absent of valuation in terms of the investing decisions going in from retail community. what you are seeing is retail traders becoming more proficient

in the use of options. i think what that may set up for is a situation where the institutions finally are able to trade this from a profitable way. even if they're not getting the direction right, it will likely lead to dislocations and implied volatility and that's where the institutional investor likely has the advantage. zoom shares on the move. plus, the buyback bodyguard. the choice words warren buffett had for critics of repucrchase programs more othhen at wn "fast money" returns. ading app makes trading easier. with its customizable options chain, easy-to-use tools, and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities.

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zoom moving higher after beating estimates. the conference call now underway kristina partsinevelos has the latest >> the ceo started the call by highlighting the success of zoom contact center zoom wants investors to know it can diversify. the company beat eps estimates bringing in $1.22 adjusted versus 81 cents. q4 revenue up driven by

enterprise revenue but revenue growth has been decelerating the past eight quarters online was weaker and the stronger dollar hurt foreign sales. on the call though, the ceo saying they, too, will embed -- virtual agent as well as translation and captioning the company though did also address the recent 15% reduction in employees the ceo saying in a recent blog post he, quote, made mistakes in tripling the workforce during the pandemic >> thanks. nice bump in the afterhours, guy. there's something for everybody i think in this report here. >> yeah. listen you know, they're holding on to their customers. there's growth, but there's some

funky, i don't want to say funky accounting, but stock-based compensation is up significantly and if you look at gaap income year-over-year, it's down probably 70% or so so to your point, if you want to discount some of these interesting accounting methods, the stock-based compensation so many companies are doing, looks great. look under the hood, not so much with all that said, we traded down to levels we saw a few years ago and it bounced does the bounce continue maybe. it's a fine company. $4 billion, $21 billion company, so i'm not hating on it. you've got to look under the hood >> i wanted to see what the short interest was on the stock to see if that explained it. it's less than 7% at this point. >> this was a stock four months ago. it's had one of those moves and again off the bottom the problem is zoom here is it's treated on some level like it's a high multiple stock. it's not it's 18 times, 19 times forward,

whatever you want. it's not a high growth stock either so we're talking about 200,000 enterprise customers and for a company that's become a verb, it's a little disappointing, but so is twitter. it's established itself and the front to back end collaboration communication platform just not happening. and you know when i look at the growth and their growing revenues about 3 or 4% over the next three years, it's hard to get excited here >> just so many other ways to zoom at this point, mike band-aid was a word and xerox was a word, but there are a lot of other ways to make copies and -- >> this is going to be a fun game out there >> find something. >> guy's good at this. we do this all the time. >> you can skype, use teams or use the outfit that the ceo and founder of ceo came from, webex. if you buy zoom, what you get is the earnings that come to the

common shareholders and if they're basically giving away all of the upside in stock-based compensation, there's no growth there. year on year, i think you're going to see a decline meanwhile, you could buy cisco at about ten times earnings and they have webex, which is where zoom originally came from. to me, neither of these are growth companies but i'd sooner buy cisco. i think that's a better buy. >> surprise. i'm going to be positive so, listen we were talking about the growth being tepid and it is, right, but zoom is no longer trading at a valuation that would suggest you're buying it because you're expecting some accelerating growth at 20 times, you're essentially getting the stock where it was pre pandemic for about a tenth, i repeat, a tenth of the valuation. this seems relatively fairly priced here. you still have the upside of acquisition situation and if

they are able to combat this dilution, there's upside here's what's coming up next >>. >> buy back. the oracle of omaha sounding out of and defending stock buybacks. warren buffett's choice words for the critics and why buybacks could be a boone for the markets. the details ahead. plus, brace for more volatility our next guest says it could be a bumpy road ahead for markets why he sees a slowdown coming in the second half. you're watching "fast money" live from the nasdaq market site in times square. we're back right after thi s.

share of the energy company in the red after falling short occidental also announcing a new $3 billion buyback program pippa has been looking for the report what's the latest? >> after missing estimates as the average realized price for crude oil dropped 12%, domestic nat gas prices down. they earned 1.1% per share, 19 cents short of estimates revenue also shy of expectations down 12% from q3 however for the full year, revenue more than doubled compared to 2021 with net income hitting $12.5 billion. the company announced a new buyback after completing its prior $3 billion share repuchls last year and also raised its dividend by 38%. some of the weakness could be

thanks to the 2023 capex guide analysts were looking for the low range of that at 5.6 billion. >> thanks. we got to go to guy because oxi was one of the os in mojo. his acronym for 2023 >> it doesn't matter which o in this case. tim will talk about this and he'll be correct earnings matter. i get it but a new $3 billion buyback on top of they just finished their old one. it's a $53 billion company $4 billion in cash flow. i mean, they're doing everything right. it's an operational leverage story and i think you got to continue to own it i think buffett is now over 20%. my sense is he will continue to buy the stock. it's just my sense if the stock goes higher, a lot of people like it. yes, it sold off from the

buffett high of i think 74 but you're buying it here, not selling it in my opinion >> mike? >> yeah. when you look at the dividend name, there are other energy names whose prices were higher it's surprising given what we've seen in natural gas in particular that too many people are caught off sides of course you're going to see some revenue declines as the prices for the things they say are selling fall, but you know, i still think it's a reasonable value here >> it is a reasonable value. i get a little concerned about they have one of the more lev levered balance sheets guy talks about the free cash flow dynamic we talked about the div story and buffett. to me, of all the places you could be in the oil and gas space, oxi's not one of them i think that's well into the stock. to me, i like at first of all, i think you have to pay attention to where a lot of these energy stocks are coming back to that

50-day we're at a key level to see where we're going to hold a lot of these things. i will go on to say they are stories of companies that are improving balance sheets and having higher payout ratios. right now, i think that's in the stock price here >> coming up, buffett biden buybacks whether or not they help shareholders we'll dig in, next, plus get ready for a short and shallow recession. don't go anywhere. "fast money's" back right after this

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welcome back the nasdaq rising more than .6%. among the winners today, seagen rallies after a report pfizer in talks to acquire the drugmaker and lance fritz would step down this year amid pressures from sorbin capital

warren buffett reigniting the debate in his investor level calls a critic of repurchase programs either an illiterate or silver tongued demagogue >> i think it's outrageous why? they invested too little and increased domestic production. instead, they used the record profits to buy back their stock. rewarding the ceos and shareholders >> economic illiterate or silver tongue demagogue wall street reports that stock buybacks are projected to top $1 trillion this year and these programs are giving support to markets this year. it's interesting he addressed this this is largely seen as an issue that would be seen dead on arrival. it wouldn't actually pass. there's already a 1% tax >> no way. four times tax on it and it's a political issue.

it's been a political football we talked about this on this show if you're a company getting u.s. bailout money, no. if you're buying back your shares, the argument for the folks that say we had a huge tax break for corporate america, i would argue that that tax cut for corporate america was about making american companies competitive on a global scale. doesn't mean they can't figure out how to buy back shares i think this is more of a market discussion and what it's meant for stocks in terms of the demand for buyback at a time when 68% of the companies have beat the quarter. that's a lower beat rate than we've had in the last four or five quarters. buybacks are helping the market here massively >> i'm not opposed to buybacks what i am opposed to is sweeping generalizations used to criticize sweeping generalizations. >> did i just use one? >> biden and buffett the double bs. listen, we can talk about the

tax change those are good reasons to use it now but when you are forgoing long-term value, trying to prop up the stock price artificially in the short-term so that you meet other stock award metrics, i think that's a problem i think you need to at least acknowledge that that is something that might drive buyback activity i just found it a bit ironic that you're not a demagogue, whatever term. to have an intellectual debate about the merits of any type of public action is worth merit >> mike, what's your take on this >> first of all, you know, i read his comments and i don't think he said that every criticism of share repurchases deserved what he was talking about. in fact, he said some. he said, actually he said anybody who says all stock buybacks, he was labeling those people wasn't referring to all

buybacks in his own case, he wants to buy his shares back when he sees he can purchase them for less than book value, which is an intelligent deployment of capital. there are other instances where that makes sense, too. if you have large cash balances as many companies did over many years, they have no returns and don't see good and worthwhile investments, then they should be returning that money to shareholders because it is after all their money. that's the important thing to remember here. it's easy with all of the rhett l rhetoric >> for more, let's bring in julian emanuel, senior managing director at evercore isi great to have you with us. i would imagine you are not against buybacks but we do see companies that use it for other reasons other than just merely capital allocation sort of accounting, i don't know, trick.

>> there are lots of nuances, okay but we have to understand one thing. that over the course of the last 20 or 30 years and frankly going back further, shareholders like having cash return whether it comes from the form of buybacks or dividends and buybacks have been one of these mechanisms now, the difference is that you're now in an environment where there's an actual cost to money for the first time in many, many years so you're not likely to see many companies borrow to increase their buybacks that's a good thing. but on the other hand, we're not fans of legislating what you should an shouldn't do let the market do that >> hear hear to that let's get to your view of the markets. not sure where you stand bears position is neutralized but you've seen some of the challenges getting higher and higher for the markets >> it's an incredibly complex

environment. we've said recently that if you're not confused, you're probably not paying attention and that is how the market is trading. back and forth between 3800 and 4200 from our point of view, this whole idea however that you've gone from despair in december when we saw this massive tax loss liquidation to all of those stocks being the leaders in the market, neither narrative is correct. but ultimately, the odds of recession given the collapse in money supply, given the rollover in leading economic indicators and given the 800 pound gorilla in the room, the yield curve, tell us that we're going to have a recession at some point and so therefore we see a retest of the october lows at mid year not before it. >> and that's the point, right stocks can't retest until you have a recession or have begun to price that in >> going back to 1962, you have never had a bear market bottom

before the start of the recession. and ed's view is that we're going to have a short and shallow recession and i think part of the narrative in january is we got very happy that the inflation data was calm for that time and that got people to believe more in the soft landing scenario, but now here we are and the fed's going to just keep on going until something either softens or invariable bly breaks >> as we wrap up earnings season and start getting more, more focused on economic data how do you think that translates into market activity trading activity investing activity >> that's another one of the challenges first, we have to step back and say this has been the first earnings season of the last three where investors were not able to completely shrug off the fact that estimates came in. that earnings season, you had year on year declines in eps for the first time since 2020.

and you know, unlike october and july earnings seasons, you didn't have the index rally. so it's very much a stock selection environment and actually the vacuum of news between now and the unemployment report on the 10th, how stocks and yields trade we think the yields have gone a little bit too far here perhaps in the near term let's see how stocks trade if yields pull back if stocks don't respond positively to that as they have for the vast majority of the last year, that will be new information that perhaps we're a little bit more concerned about the slowdown >> last question your call for a retest of the october lows is mid year this year that roughly coincides with where a lot of people see the peak fed funds rate. i'm wondering if that's a k coincidence or exactly why >> not at all. ic i think the biggest debate

among investors and frankly the fed, is how monetary policy works with the lag there's a school of thought that said it's only six to nine months now well we'd say it's probably more like 24 months because the stimulus was so huge in '20 and '21 that it's just start to be wear off now so you get to the second half of the year and the hiking that started in march is just going to start to kick in. >> that's interesting. thank you. good to see you. guy, i saw you nodding in agreement with julian when it comes to the lasting impact of the stimulus therefore the lag effect is going to be greater this time. that's interesting >> if you're not confused, you're not paying attention. i think he's exactly right well, i think market participants are underestimating the lag effect the impact listen, it's historic what's going on over the last 13 or 14 months and see no sign of waning they're steadfast in their desire to quell inflation and quite frankly, it appears as though inflation is about to

rear its ugly head again for whatever reason the market doesn't seem to want to acknowledge it again, if you look at $200 worth of earnings, 16, 17 multiple, you can do that math we're looking at an s&p that should be 3400 >> i think we're in an 18 multiple if you think about where we've gone from november, certainly those october 13th lows and we talk about this all the time semis up 42% i would emphasize what julian said i don't think stocks have begun to really price in this divergence between the bond market we have a payroll number next friday i think that sets the market up for possibly a place to rally because again, bond yields have had such a massive move. hasn't been fed rhetoric it was the payroll number that sent this thing into the stratosphere i think if you get any kind of a pullback on jobs, that gives

equities room. coming up, how option traders are playing the move and here's walgreens ceo >> we actually have more shared values than we really understand because so many of us face adversities or different trials and tribulations not only based on race and gender so one of those things that might feel like hold us back but actually they give us strength to be who we really are. and so outside my community, i would love to have conversations about who we are at our core and then begin to share our lived experiences and find those commonalities and realize that race and gender have sometimes less to do with why we are not interacting with each other.

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two-year treasury note touching its highest levels since 2007, but the raction coud be brewing in the options market mike, you spotted this one

today. >> yeah. hyg is the etf that tracks high yield bonds or otherwise sometimes known as junk bonds. it's always one of the busier etfs and today we saw puts outp outpacing calls by two to one. that's not unusual the busiest contracts were the april 72 puts. over 40,000 of those traded. the buyer of that is either betting this is going to fall or at least hedging against it. that isn't necessarily a rate bet because tlt, the etf that is more of a rate bet, actually some some bullish bets so what you're really seeing is that the spreads will win. >> guy, of course, we watched the hyg a lot for what it tells us about general markets >> i agree we're not suggesting we trade it mike's pointing out what options

traders are doing. karen's talked about this for a while. we have said listen, this is one you should have up on your screen doesn't move a lot, but it's telling you a story. i think hyg went from 7040 in september back up to 78 but it's starting to do that slow dance l lower. i think the fed continues until something breaks my concern is that something may break is going to be in the form of the credit market and hyg is front and center in terms of that >> it's been a pretty good run of outperformance of banks the part of the credit markets we should be concerned about is the $1.6 trillion unhedged levered loan market, which should be the most vulnerable. guy mentioned this, i've mentioned this a trillion dollars outstanding in consumer credit cards this is at the peak of where it's been at all times and spiking rates on subprime auto loans. a lot of these metrics are

adding up saying rates are hurting. >> for more, tune into the full show friday, 5:30 p.m coming up, putting the chat in snapchat the social app partnering with chatgpt. is it time to join the convo the details when "fast money" returns.

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snap entering the ai race. shares finishing the day in the green well off the highs of the session. now meta is getting in on the action, too. for more on the ai race, let's bring in julia boorstin. >> the ai race is definitely on. marc zuckerberg announcing this afternoon on facebook that meta is creating what he calls a new top level product group focused on building new experiences around generative ai he says short-term, they're focused on creative and expresive tools. long-term, he says they're developing ai personas and working on texts and images along with video this came after snap shares gained about 1% on the

announcement that is starting to roll out a new ai chat bot for snapchat plus's 2.5 million paying subscribers it's called my ai and it's built on the latest gpt technology and it aims to help snapchat's paying subscribers trivia questions, poems or stories to send to their friends. this shows how snap plans to deploy it to its paying user base zuckerberg warned today there is foundational work to complete before getting into what he called really futuristic experiences. so there's definitely debate about how quickly some of these new tools should be rolled out for the public >> got to wonder if zuckerberg's thinking oh, i should have renamed the company ai i missed the chance. thank you. everybody's in on it, tim. all of a sudden, everybody's got

something to roll out. >> i think google was oversold on this and nvidia overbought. it's part of a barbell i have plenty of other exposure on the other side. i know all about this ten-year deal with microsoft. i know they're a hardware and software kind of hybrid that is a way to play it now and i know they're 60 times forward earnings at some point, you know, i think there's a chance to be tactical on this and i am >> yeah, arms race is on if you've got anything that's ai, ai adjacent, you try to fin a way to roll it out the best thing snap has is this bot is going to dissolve in 30 seconds. >> i'm waiting for companies to be like long island ai and riot ai everything was a block chain or something, guy i know you remember these. >> yeah, of course i do. i'm waiting for the next, the ai gate, like that silver gate we

frick seed a month ago remember we talked dogi stars. >> how could we forget >> we pick on the ones we love >> i want you to take a look at that facebook chart and by the way, to answer tim's earlier question the top of that list of course is q-tip because it's not a q-tip. it's a cotton swab, but of course q-tim p has become the vernacular >> a fun game. up next, final trades. no,no,no! have a nice day. but to deliver powerful insights that are on target you need more than technology. you need cdw. we can help transform and manage your it environment with a dell technology solution, so you can use your data to innovate. wooh pizza is here! i'm still gonna eat it. me too. tip please. dell technologies makes data driven insights possible. cdw makes it powerful. this thing, it's making me get an ice bath again.

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set your clocks for tomorrow david solomon. he didn't green light the apple credit card deal catch the interview 8:00 a.m. tomorrow let's go around for final trade time, guy. >> sticking with energy. paul sam x-ray >> mike. >> cisco low growth over zoom >> bonawyn >> i like the short duration short-term treasuries. >> tim, welcome back, by the

way. had a fabulous vacation. >> it was lovely, but it's better to be here right now and i think nvidia, i misspoke 83%. better than the s&p. i think it's gone too far. tactical short nvidia >> thanks for watching do "mad money with jim cramer" starts right now my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i'm just tierying to mk you money. my job is not just to entertain but educate and teach you. call me at 800-743-cnbc or tweet me @jimcramer. there are too many