do you think tomorrow >> yeah, well, i don't know about tomorrow necessarily, but i think overall, yes because i think the world has figured out that the economy is slowing, yields should be lower, we got to that 1% inversion and everything swapped on the back of it, so, yes. >> thank you still be my mission is simple, to make you money. i promise to help you find it. mad money starts now. >> hey, i am creamer, welcome to mad money. my job is not just entertainment, to teach quality.

it took a debacle involving a swiss bank, everybody. the whole world is having a banking crisis. that is right. we left here feeling good about the market. at 330 when i wake up, i always check how the market is doing. that is the real combat. coming out of left field, credits we lost their base backer. after spending months in purgatory, a particular brutal comedown for a once noble franchise. us in the u.s. are looking real good. national banks would not buy any more shares. they already own 10% of the company.

that's right, market trading dropped 503 points. >> we saw the dow finish off 281 points. and the nasdaq is up 25%. how the heck could these saudi investments in one swiss bank impact you? one, it should not. it has been the fall of credit suites for ages. it has become a running joke between us. it is a sideshow. two, it is awfully certain to recognize that the fall back crisis, one you have not even heard of until sunday, we might have an international debacle all over the place. safety, the state treasury.

it was a rate that changed so fast it got a take over by microsoft. normally, it is great for the economy. why are they going down? rates are going down. there is a fear that there is a global economy slowdown. that all of the money put it through the central banks is really starting to feel this. unlike most people, i grow more constructive as the market gets worse. i saw a lot of stocks get hit today. they are companies that you have had go down in a good economy. it is wrong. at the same time, i am not enthused about any stock in the bank. they're the ones i'm working with in my mind.

they have come unglued. so far, maybe they were never interested. which brings me to the heart of the matter. these stocks are very much hostage, as is everything else. this will be the most momentous meeting in recent history. as i have been saying for a year and a half, the feds keep raising rates and you will have a hard time making money in stocks, you always do have a hard time for that is always true. you have to understand, when rates stop rising, it is not lookout below, lookout up. they are banks around this country that must do that to

protect beloved banks. the democrats and republicans are running so hot that it stunned us where many investors figured that it was a 50 point rate hike. it seems like the rates were not working. has to take us up to 6%. the guy tried to pull things down. it is one week later after the collapse of silicon valley bank, we have gone from thinking that the fed should raise rates to wondering if they might very soon have to cover rates. stop selling their bonds. we might have inflation around some areas like housing and services. the economy has hit a retaining wall with credit bureaus

declining quickly and lots of jobs being lost. that is because of the pressure in the market. maybe that is not the question. i do these with my calling. the other one is called homestretch. we were down big today, i said on the morning news, it is have stocks with drugs and food and senior growth tax. why those? they are not experiencing any of the problems that we are facing in our economy. there might be good dividends when rates are so high this year. they are so low, so click the. it is attractive, maybe even more attractive.

in the last pass of the action, i tell you that there is a whole another segment. there is always a full market summer. it was semiconductors. there is artificial intelligence, go by nvidia next week. explaining how there is so much more to artificial intelligence than we know. you can buy adobe after that and you can buy meta-even though it is a big yesterday and up again today. it is not done. billions of dollars in expenses are coming out with revenue for the state. it can go up. some areas are so in the blast zone, i do not want to get behind them. the banks have come down a lot. it is really death sentences for these institutions. according to my friend, part of the investment market strategy, the healthy banks have to pay

for the funerals of the bad banks and they can be very expensive. oil, that is not so hot. i was wrong, they are in freefall. here is the real irony, why are the feds fighting inflation? they are fighting inflation when it is a collapse in the banking system and is right in front of us. you cannot even go back that much. if we get that, it can be a coils bring going higher, not lower. these are confusing times. we need to take desperate measures for your portfolio.

it is from the snow blowing banking crisis. anyone who takes this over the edge, not the bears. >> thank you for taking my call today. >> of course, what's going on? >> it is a new 52 week low involved in the lawsuit. i have not looked at my portfolio because of the dividend years. i want your thoughts on him. >> i'm glad that you called me. my dad wanted so many jobs. i have to tell you, i am very concerned about 3m. the thing with combat arms is about tentative.

the groundwork where it is hard to get the bad stuff out. you are right. these are confusing times. you need to take desperate measures and that can be great for your portfolio. there are specific names to play it. there is news that it is acquiring maned mobile and what is coming up for the company. for dental himself, ryan reynolds. i am looking at the numbers, stay with kramer. >> do not miss a second of mad money.

send jim an email. four give us a call at al -- ross the country, peopard to build a better future. so we're hard at work, helping them achieve financial freedom. we're investing for our clients in the projects that power our economy. from the plains to the coasts, we help americans invest for their future. and help communities thrive.

i screwed up. mhm. i got us t-mobile home internet. now cell phone users have priority over us. and your marriage survived that? you can almost feel the drag when people walk by with their phones. oh i can't hear you... you're froze-- ladies, please! you put it on airplane mode when you pass our house. i was trying to work. we're workin' it too. yeah! work it girl! woo! i want to hear you say it out loud. well, i could switch us to xfinity. those smiles. that's why i do what i do. that and the paycheck.

with all of this craziness have to do with -- 40 years investing, it is never wrong. there is zero economic sensitivity. it always has enough market dividend which makes it more

enticing which is exactly what happened today. his stock was down about $.40. and was on the screen and by the end of the day, it seems as though i was a kramer save, owes the mentalist. but, i am not a psychic. nor psychotic. when you talk about prices collapsing like we saw today, people are willing to pay more for this high-quality drug stock. it happens every time. it results in endless inflation. this is a devastating cyclone of naysayers. you need to write it all out. we are looking at a bruiser if

there is another shocking ron on the u.s. banks. the federal reserve, the treasury, they will agree to guarantee you deposits which is the only thing that will actually prevent another run from happening. at the risk of what i call, being constructive, let's talk about what can go higher, not lower when things are really bad. two was the first to the china was open to flying there to get some business done. cosmetics, drugs, food companies , american companies that do business over there are about to get a major boost.

both were thriving, who knows what will happen once they are there now that it is wide open. second, there is the end of the semiconductor. there is a giant oversupply of semi conductors because there is the endless demand of chips for personal computers. it was just a demand for people working at home. they were already ramping up like mad. it was by almost 40% for apc. it has finally been absorbed. it was such a nasty day. they lost pc exposure there. do not forget the exposure for artificial intelligence.

after today's horrific acciden , the aerospace cycle is on fire. long after the hills are no longer alive. things have gotten that bad in 24 hours. you have no idea how huge the demand is. i think the latter is telling you the truth. let me just make it out of the middle east. there are many mega orders. especially out of china. yes, historically airlines tend to be -- that is not what we are talking about. they also have to buy planes because planes get old

regardless of what comes out of banks, america needs planes, south american needs planes, everyone needs planes. after a blustering run from 121 to 221. this one is under 200. honestly, any company that is involved in aerospace cannot be taken by banking issues. gee, yes, i like that one. the terrible action in these stocks in retrospect two or three weeks from now. the aerospace cycle is tried and-true. anytime i've ever seen it.

forgotten in this phrase the money that the federal government has earmarked for infrastructure. efficient ventilation and air conditioning. let's say, decarbonization. you cannot go wrong with decarbonization. we just have to stop these. it comes from the ceo of blackrock and it is a tremendous great section of what decarbonization is the future. following fiber security, there've not been a lot of hacks as of late. but it doubled as of last year. you just did not see it. they are being stopped.

were they being stopped by? i recommend owning one of these. it was the first company to adopt the mantra that it needs to turn a profit. software and companies that will fall by the wayside. i am not talking about loser earnings from employees that is not as far as i'm concerned. talking about real money. consider this list your, what does the banking prices have to do with the price of in the name of the stocks. that way you will have something to do if it is not bought by the swiss government as it should be or the american banks by the fdic.

, we go to and regain in arkansas. henry k? henry k, it is humming here. >> i have a question about bank of america. >> bank of america, let me just say, point-blank, bank of america should not be where it is. and i have never seen a group so despised because there's nothing that we can do until he gets a higher yield. that is terrific and it is down a great deal. t-mobile announced that it is denying mint mobile. is owned by ryan reynolds. nobody believes it.

he is here. we will hear more about what is going on in the world of tech. then we will have the lightning round. coming up. (fisher investments) in this market, you'll find fisher investments is different than other money managers. (other money manager) different how? aren't we all just looking for the hottest stocks? (fisher investments) nope. we use diversified strategies to position

our client's portfolios for their long-term goals. (other money manager) but you still sell investments that generate high commissions for you, right? (fisher investments) no, we don't sell commission products. we're a fiduciary, obligated to act in our client's best interest. (other money manager) so when do you make more money, only when your clients make more money? (fisher investments) yep. we do better when our clients do better. at fisher investments, we're clearly different. ♪♪ the only thing i regret about my life was hiring local talent. if i knew about upwork. i would have hired actually talented people from all over the world. instead of talentless people from all over my house. ♪ at morgan stanley, we see the world with the wonder of new eyes, ♪ helping you discover untapped possibilities and relentlessly working with you to make them real. ♪ because grit and vision working in lockstep ♪ puts you on the path to your full potential.

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t-mobile is going to buy the parent company of mint mobile and -- for 1.35 billion in cash and stock. the president and ceo of mint mobile, some guy named ryan reynolds. >> i admitted. take a look.

>> i'm very proud to have you was on mad money. you both have done very well and that has been terrific for profitability. it is an honor. like you to describe, what you did, what you started with, what you created and why it is great? >> i started with mint mobile, with someone i used it on the board with on the michael j fox foundation and he created an amazing product. i got a pretty large chunk of the company. ultimately, what we do, myself and my company, you know more about vest investing then i have ever known, we have emotional investment. that creates resilience for a brand that helps you through the

ups and downs. that allows it to be quite resilient. that was always the game plan. phone service is an essential service. a lot of people that come from showbiz that look at it as aspirational items. it is the empire for the aspirational items. phone service is an essential service that is not provided by the government and is something that everybody needs has grown something that is depended upon by millions of people around the world. this is why i tell the mint mobile story. it is affordable and people can have this essential service for a price that is reasonable. we have gone into this situation that is quite incredible. we feel like we can both help each other in an amazing way.

aaron norton is just a genius. we have been able to crack that code. the digital b2b marketing code. especially for the colleagues in different companies. >> that you those of t-mobile is to do exactly what you just said. there is a gap, a serious gap between the have and has not. it can be radical in phone service. this man is representative of -- >> that is one of the many reasons we are doing it. the basic idea with the brand is aligned. we are about giving people choices that they would've never had if mint is not here. this is great, the nation's leader as a digital wireless brand. nobody stands between mint

mobile and the customer. they can forge that relation ship directly. we are all about changing the rules of this industry in favor of customers. we can turbocharge the growth of this brand that customers love. >> that is the right way to go. it is something that is going to be added to the shareholders. i hate being starstruck. a lot of people see you as this amazing -- how do you have time to do this? you are someone who i regard as one of the most talented actors today. you're also someone that does not dabble. how do you do it? >> i would definitely say that

i go all in with everything i do. i have an amazing team around. we have a lot of different things. there are a lot of different things going on. i have incredible folks that work with me. i only have so much bandwidth. i do have to let something go. yeah. i think i have to let something go. today i let my family know that i'm going to be leaving because there are so many hours in the day. we all do. i think the kids are a good adapter. >> you have to make changes in life and you have to -- you want to say that you worked really hard. >> i work law from home. that has been amazing. i walk the kids to school and i get to pick them up and i get

to be president. >> when you came up with this idea for your team, a lot of us did not realize that there was this underserved population and a lot of us thought it did not matter. again with the aspirational theme is that you came up with something. >> our aspiration is to bring people together in aspirational ways. it has broadened the applicable. you know, best practices are amazing. i think that we overlook storytelling. in that venn diagram in the middle, you see the intersect of culture. you see the storytelling and you are able to grow things and grow organizations and really organic ways. it was one of the one in 1 billion sort of products.

i wanted to bring awareness around this product is much as humanly possible this is the kind of network that we have created. >> in the field some people are going to stay on. let's not minimize this. how many people might get coverage would not, using mint? >> there is a really efficient -- in the marketplace, $15 per month and you can buy in bulk ahead of time. it gives people access to real wireless that they might not be able to get access to otherwise. it is bringing that to more and more people. this connection that customers have. that is what we admire about mint mobile. it is about customer love. they love this brand. nobody is between them and the brand. we want to bring that message

to more people. really. the thing i'm most excited about is that t-mobile is going to be able to scale mint. we are already using t-mobile's towers. maybe in 2025 or 2026 and this really secured us for the foreseeable future with the brand. >> if the business is the greatest source for social change. one of the things that you have is the social change. where do you think businesses are right now? getting that business is a positive force? >> absolutely. when you have a great leader

and that does kind of find its way down. >> the ryan reynolds phone company. what's with that? if you feel like there are gaps, you can fill it with something like aviation. it sounds like you recognize the power of your brand and i don't know, i do not think you have even changed. >> i have definitely changed. i have changed in better ways. >> stars almost always know that they are stars. i think you as a business person and a great actor, i do not know, i want to congratulate you for doing one more great thing. yes, you make money too, you have done a great thing. >> i brought you both in

celebration year. your first magenta swag. your very first magenta swag. i was going to say rocket man. thank you. >> thank you. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today.

has, in amazing quarter. imagine raising your reports so substantially. none of these got the attention that they deserve. especially after the banking fiasco.

you might think that you might have missed it. wait a minute. it is up from september lows. it is up from the 2021 highs. we need to have these teams to longer down. there is a digital media marketing and software play. there are people lost in the wilderness. we will check in with the chairman and ceo of adobe. it is a joy to see you again. how are you? >> i am doing great, it is back to be on mad money. >> many people are worried about the macro economy. >> we did have a great start to you one as you pointed out.

digital has taken an amazing tailwind in this economy. when you look at the creative document businesses. on a constant currency or the digital experience industry where customers grew 14%. >> sometimes i want people to understand the true growth engine that you are. i am with my partner jeff marx, all of the things that we can't do are being solved by things that you put out. why do you tell us about it so that we know about the innovation engine. >> that is so true. it is not just the core businesses, it is the innovative product road map next week.

we will hear some even more exciting announcements on what we are doing in the general ads phase which is a point of interest. adobe podcast which you are referring to her as a hard problem where everyone has a creative idea they want to transmit, how they can do that using audio. even in a really crowded space that is noisy, you can clean that up, and get it in crisp quality out for any audience that you want. everybody is a creator. if we can help their imagination come to life. we can help. >> i love the enthusiasm and optimism. i'm sure they will flock to the venetian next week. adobe, that is wrong.

i do not see that as possible. not with the kind of precision that you need. i do not feel that way after i read your release. >> if you take a step back. it is not just day will $100 million. what we have absolutely done is with all these markets we are in, we are attracting these companies. i also want to be in that area. if you think about the company that has pioneered these markets and is doing it at the accelerated pace and continues to have the accelerated vision. take digital marketing. you talked about electronic commerce. everyone has a digital business. we saw single product volume competitors that came in and said we might have some

conversational marketing or product analytics. the real problem to solve for the steve digital marketing officer, is everything, how do you attract that customer? how do you personalize it and how do you do commerce? in this economic climate, companies have this integrated version and can actually deliver on that entire promise. we are excited about how q1 went. you saw the results as it related to digital media. we want to raise our targets for the fiscal year. >> i think the target might actually be conservative. i know people who want to use chat gpd once it is done within the framework of the larger platform. i do not think you can use chat

gpt, does it have to be integrated with adobe to really matter? >> that is absolutely right. if you think about what a number of these ai companies have done, you have the fundamental models and open ai and microsoft. you see some exciting things that adobe is doing in the visual space. that is one aspect of what has to happen, what are the fundamental platforms? that needs to be translated into the footprint of what the market is trying to do and what the creative professional is trying to do. that is where the adobe footprint, with the number of customers that we touch, acrobat has 700 million people are using this on a monthly

basis and that is where the magic comes to life. you are interacting with documents and trying to create a video when you're trying to create email. a lot of companies have -- over some of these models. they cannot only invest in the fundamental models for the areas that we are in. that is marketing or visual, we also have the footprint that allows the -- for what customers are trying to do. >> the last piece of the puzzle is the company you are trying to buy. i respect the justice department. if you favor solo proprietors, they cannot do it. make it cheaper. what i would suggest is to make

a very easy argument, if you have documents for this country, you need to make this happen. >> i think you are pointing to a few fundamental things that are important to the u.s. economy and how you can have a small or medium business that enables these companies to have the power of technology allowing them to compete with larger companies. you are also addressing how a lot of these starbucks -- startups do not believe that they have the transaction. in the economy as it relates to sigma, we are announcing product design. this new emerging competitors bays about productivity, we

have the vision there. if you look at the results, it is clear as you pointed out in the front. ruthlessly focused on going against the organic opportunities that we have. we are confident in those facts and we will keep doing it again for the regulatory authority. >> your case is a good one. he is going to be very excited because these are blowout quarter numbers. i forgot the technology allows you still to do that. thank you so much. you destroyed my faith in technology. welcome back. congratulations. >> enjoy your conference and knock them dead. every day, millions of things need to get to where they're going. and at chevron, we're working to help reduce

the carbon intensity of the fuels that keep things moving. today, we're producing renewable diesel that can be used in existing diesel tanks. and we're committed to increasing our renewable fuels production. because as we work toward a lower carbon future, it's only human to keep moving forward. so cozy. how many rooms are in there? should we go check it out? yeah. we get to stay here all weekend!

when you stay at a vrbo... i call doing the door code! ...the host doesn't stay with you. it looks exactly like the picture. because without privacy in your vacation home... it's a full log cabin guys. ...it isn't really a vacation... we can snuggle up by the fire. ...is it? wow, oh my- [birds chirping] somewhere out there is that one-in-a-million. someone who thinks with their hands. who can shape raw materials into something meaningful. and who wants to serve in their own way. if you're out there. if you're looking for more.

we're looking too. we're calling on a new generation of builders for navy's next-gen submarines.

it is time for the lightning round. and then the lightning round is over. are you ready? >> i will be sitting on a ton of cash and prospects. >> we are not going to recommend any stocks that will lose you big money. we have greg in new york. greg. >> should i sell -- or should i wait?

>> 4%. just take pfizer. i do like see jen. let's go to philly new jersey. phil. >> how are you? >> good to hear from you. >> i want you to know, thank you for sharing your educated thoughts. you did a segment warning about specs. you mentioned a few that you were hopeful for. one of them was rj material. >> i like the decarbonization. nobody is losing money i did say that there were specs.

that is the conclusion of the lightning round. >> it is sponsored by td ameritrade. coming up, the u.s. gets a guarantee and the fdic is paramount even if you do not have the quarter million. next. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire

this is the chief send me around all of the investors in the market right now among the treasury and the fdic say that every deposit in every bank, i'm not saying that is fair. right now on the market are people who manage immense amounts of cash. before the managers of this full were pretty indifferent. they did not think about how the fdic insures that amount of deposits. they are taking the amount of risk. i cannot be only one thing that the banks are taking too much risk. they can even be crushed when interest rates are messed up

majorly. that is the highest amount of rake heights in america history. they had a concentrated phase of people whom i need their money only once. these stewards of giant wads of cash do not know they have $250,000 like other banks. they are telling some people not to worry. that is just pray. that is the anonymous guarantee. it is a bucket of worms. it is different for large commercial banks. they get real stressed out. bank of america, wells fargo, they have all had the financial colonoscopy. if you want the opposite of spc, it is jpmorgan. anybody who has managed large clients in the past knows about the risk of a bank collapse.

will not inspect every nook and cranny of the portfolio. they will take their money out and they will wire it to j.p. morgan or the padres. then the company only has a handful of viable banks. it is not in the interest of any one bank. that is crazy. that is what they do in europe. we want a vibrant banking environment with hundreds of suppliers that are tailored to certain areas. that is more important. all these foreign banks, the government has not given us the explicit guarantee that the money is safe. they just give us a semi promise. if you care about competition or over saturation, they need to set out that deposit guarantee.

nobody will ever get all of the money at j.p. morgan. that is not true. that is not what we want. the financial sector is way too overcomplicated. we need to make that worse. welcome to last call: forest up tonight, fears around banks taking a scary global turn. we have you covered on all angles. let's get you caught up on the banking crisis and what you need