i just doxed her -- >> sun downers club. >> she believes in the vix, too. >> vicks, not the volatility index. >> psx, melissa lee. >> thank you for watching "fast money," "mad money" with jim cramer starts right now. my mission is simple, to make you money. i am here to level the playing field for all investors. i promise to help you find it. mad money starts now. >> hey, i'm kramer. welcome to special west those coast edition of mad money. welcome. i am just trying to help you make money. my job is not just to entertain but educate and teach you. sometimes i want to ask, is the

stock market ridiculous or what? i know it will tell me it has nothing current on the stock market or you might want to agree with me. the chat gpt that i know is a bit of a yes-man. i want to hear that people are selling when they don't need to so they are acting out of fear. good deal was today the dow slipped, the nasdaq tumbled 1.04%. what do i mean by irrational selling? stock for oracle got smashed losing 13.5% of its value over $46 million because of. in fact, it was actually pretty good, or part of the business that i care about was doing fabulously. how does this financial miscarriage of justice occur? oracle is a billion-dollar company, at least last i

looked, it was 50% coming into print. it has been strong because of the amazing ceo and the brilliant chairman and founder, larry olson. he has turned this slow going country company into a company of few of its generation. until is active at the company, more active than it has been in years. he is so informed with the position and yes, generative artificial intelligence. if the stock is going to lose 17 bucks it must've been a nightmare. the quarter must've been horrible. it wasn't. it was far from perfect. it was better than that. was it forecast terrific? you know what, let's pull it apart. what i care about it was good. artificial intelligence division was fantastic, they

can't build new data centers fast enough. the co said in a conference call the biggest challenges building data centers quickly as possible. she went on to say, the level of demand we have is stunning, stunning is the only word i can use. based on these quotes you would think that oracle stock deserve to go higher, much higher, wrong. the collapse was so pronounced and the profile is so closely connected to all the things we have out here it is everything remotely related to the ai space, they all plummeted. microsoft, adobe, amazon, salesforce, the latter of which we will have on the show later on. it is calling itself the world's largest artificial intelligence festival. how is this possible? we know oracle crashed into this infrastructure, microsoft azure, google cloud business, they were late but they came in.

if there stock went down all the others was washed out? that's what everyone did. i think that is fear talking. i want to buy a ton of oracle stock, if i was allowed to break looking at the situation i think the scores ridiculous it is detached from reality. members of the investing club would be buyers if we were allowed let me tell you what went on. oracle spent $20 billion acquiring a digital healthcare information company called sir. they did that in december of 2021. i did not like the company. unlike the artificial intelligence, cerner did not report a good number. the excuses were good including accounting change that made them weaker than they were. oracle had not made that cerner acquisition i'm confident the stock would have been flat or up. did you hear that? did they buy cerner and did it

cause problems? that anyone mention it besides me? all i heard today was artificial intelligence. as well as the cloud infrastructure space because of oracle. i came out here to san francisco to see if the ai realities living up to the hype, only to find out today that the hype did not live up to the reality. what do you do? do you tell your hair out? do you wring your hands and say i have had it? oracle paid for cerner, they lost nearly 50 billion in market cap, even if cerner is worth less than nothing it is baked in. i recommend buying the stock tomorrow, by before it starts to restart, buy it before i expect. sometimes when the market gets you stock totally wrong it is worth making a statement and you go in and you buy stock, insider by. what else could use a statement that he so should the reality of the situation? let's talk apple. starting with the premise that

you want to ask chat gpt a question that can answer, something like, how has the stock of apple been after the introduction of the new phone after the iphone 15? it will be available one day before my sister's birthday, september 22nd. the answer is stock is lousy, it almost always go down. that artificial insight, what happened there? the stock went down. now we're getting somewhere. may be as chat gpt apple has created new products that you did not know you could live without, i'm talking about a product like a revolutionary camera that, it is like the equivalent of having seven professional cameras in your pocket you will have many abilities to edit and readjust photos after they have been taken goodbye waste of glory photos. or how about moving to a standardized charging case. the iphone will use usb-c rather than lightning. same cable you used to charge everything else.

then there is the battery, now it will last the whole day. how about a watch that allows you to find your phone with the precision of one foot. i would pay for that without knowing what time it is. a double tap jester that it had never done that i think we will do in two years. like the oracle multi-and cerner the real story cannot be told in two seconds. you have to think things through periods unfortunately unlike oracle there are many moving parts to apple. plus, we have a consumer price index number that comes out at 8:30 a.m. tomorrow. if you hear chatter about inflation going back to 4% and then we restart the guessing game of higher rates that had glorious stock after the feds took the jackson hole. perhaps the biggest take away simple, if you want to take counsel of your fears and sell oracle or apple i get it. if you so those two stocks you took counsel of so what else is fierce. your money, their fears seems wrong to me.

let's take some calls. let's go to tony in florida. >> jim, i just want to give you a big boo yeah from a happy club member. i have a little pickle here. i bought this stock when i was splitting up and i thought it was going to do good but the momentum keeps going down and down, i don't know if i should just take the loss and get something better, it is kellogg's, i am a tony tiger fan and i was hoping it would do better. >> tony, let's not prejudge this plan is being put into action, it has a 4% yield. i think the company presented the plan on our show and there's a lot to recommend. it is not a red-hot stock, but the two pieces are worth more than the stock is selling for. i urge you to hold it. thank you for remembering the club. let's go to chris and west virginia. >> hello. from wild wonderful west virginia.

i have a quick question for you. i have a position in a company that used to be involved in, i hate to say it, the death industry, it was converted to more of an industrial claim they are down about two dollars , they just made a pretty significant acquisition. i'm trying to figure out if i should buy more. >> let me say how i feel about this. i think these changes were so swift and people did not see it coming. i have to do more work. i saw this and thought what are they doing? what is the plan? i am confused. we will get together and work on it and i will have an answer next week. sometimes when a stock is taken down, you have to dig deeper. you also have to be clinical. never paid to sell this on someone else's fears.

we will announce a new initiative that will match women and non-binary riders. i'm learning more about how this is shaping up the ridesharing space. >> we came to separate cisco we think tech. we go behind pg&e and see what the future holds for it every year we head out to the dream force conference. i am sitting down in the center of the action. stay with kramer.

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>> go to harrys.com/tv to claim yours. sometimes all it takes to turn the company around is new leadership and priorities and a fresh pair of eyes. take the number two ridesharing company, nine months ago they were being eaten up by uber. they put in a season tech executive to take over. almost immediately he laid off 26% of the workforce because that is what profitability has to look like. then in the first quarter he offered much more guidance. within weeks lyft stocks sank. that is rock-bottom. when they reported beginning august the results were better than expected. this time they give confident guidance for the next quarter. many are buying stock in the open market. that is a good sign. it is back up to 11 and change. today they have a new safety

feature that i thought should have been given much more attention. it is a feature that allows women and non-binary riders or drivers to request to be paired with drivers or riders who are not men. let's check in with the new ceo of lyft to get a better read. welcome back to mad money. >> it is great to see you again. >> thank you. there are so many stories, there is this apple new story and oracle not doing well, i saw your news and i said i have to get david on. i think this is stuff of what dreams are made of. sadly, explain how this will work. >> i love your enthusiasm. on my first day i have only been ceo for four months. i think the thing i am proudest of is on the first day after i got my new laptop i called the team together and i said let's create a feature where women

drivers can choose to be matched with women riders and vice versa. it makes workable experience. only 23% of our drivers are women and so many people want that independence and ways to earn. riders say it will make them feel comfortable. we are super excited about it. >> of course we are anecdotal we all have friends and spouses and partners, i get the same answer, every woman i asked said yes, i want to have it. but if there are only 20% of the women who are drivers, how did they make it so i can get a woman? will there be a long way? >> that's why we are starting in five cities, chicago, san jose, san diego, san francisco, and phoenix. those areas we have been doing more driver recruiting to tell the story to women. what our hope is, as this starts to take root, as women riders take it and feel that

commodity that so many women riders said, i'm looking for this. and the drivers start to feel more comfortable and they say now i can express a preference and that feeds on itself and it gets bigger. we hope to go nationwide soon. >> it could help you in the sense that more women riders request more women drivers. don't you think? >> i do. it gives women a reason to choose lyft. not just women, i think everyone wants to be associated with a company that is doing the right thing. this is a very value forward thing to do. 50% of the population are women , we want to make sure every single one can try but they want to and feel comfortable. >> there are many things that you brought to the equation to lyft, you understand that there will be more commuting. most people thought commuting was done break not you. it is playing into your hand. >> i appreciate you saying that. i am a big believer that people

do their best and interesting work and have the most fun when they are together. we asked people to come back to the office three days a week, a lot of other people are doing the same thing. we are saying commute up 19% year-over-year and that will accelerate as people realize it is a better way to get to the office. do not waste time driving yourself for an hour, let someone else do the hard work and you can be on tik tok or be productive. >> one of the things people asked me, someone bought $10,000 worth of stock or bought 5000 shares, you at one point had $1.5 million of stock, another director has bought $1 million. i always tell people you don't buy with the idea that you can flip you have to wait six months. you will are making a real commitment and you must like what you see orosi would say i will wait and see and then by more and not make the conclusion to put your money

down right now. >> there is no reason to wait. i say that sincerely. how many companies are occupying a space of the real need? millions of people rely on transportation to get where they want to go every single day. there are only two players in this market, that is crazy. food, clothing, shelter, other basic needs, there are only two in this market. we are executing better every day because we are focused on our customers. the last thing i say, i have a huge pleasure of looking around the room and the team with this business these are a players. i work with serious people. a players, great execution, and a huge market with only two players, i feel lucky that i made the investment what i did. >> we are seeing ridership up, you have a survey that shows things are good, when do we see, hopefully, profits?

>> i would so like to be able to answer that question publicly, but my lawyers would put a gag on me. >> you have been involved in business for many years and i should point out you spend as much time in charity and doing incredible things around the world, when does this become less of a charitable a more profitable endeavor? >> every single day. every single day. my objective, and i tell this to the company every time i talk to them, my objective, personally, what i want the board to hold me accountable to come is to build a financially healthy, customer obsessed organization. every day we make it financially healthy and we make it more customer obsessed. >> it happens to the companies who execute the game plan. thank you very much. great to have you back with us. this should have been talked about all day and it will be. thank you. >> thank you. great to see you

per it download lyft to take a ride. >> coming up, is slow and steady the pace to be? keep an eye out for cramer . he is back with a major west coast utility. >> suck tank, tonight starting it:00 eastern, cnbc. >> i think ambition is not taking no for an answer. the original question we are trying to answer is how do we make the healthcare system work better for women and amilies. it is a big ambition because the system is so dysfunctional and it moves very slowly and you have to deeply love the problem you're trying to solve. i have always been attracted to things that can leave the world in a better place. the problems that affect us in

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ton of money. >> you got rich dudes coming after you. >> this is class warfare. >> dumb money, exclusively in theaters. >> is it possible to follow up with your home before you even step inside? >> discovered the magnolia james hardie collection. >> we are here in california and we are checking in with one of our favorite turnaround places, pg&e. the oakland-based gas and electric utility with a much better team. good management is important. there is a reason pg&e stock is up 4%, the utility sector is a down nearly 10%. this is coming after unremarkable quarters in a row,

pg&e unremarkable is good. that means they are still on track with their financial commitments. i think the stock will gradually grind higher, especially if they get approval of reinstatement late this year or early next year. it currently does not pay dividend. earlier today we spoke with the ceo of pg&e. >> i am with the most dynamic utility executive in a situation that could be unbelievably lucrative for people who recognize that what patty poppy is doing is reinventing the entire industry and it will be great for pge shareholders. >> i am very honored to be the ceo of pg&e. we are making our system safe every day. i know we will deliver because we are delivering for our customers. >> when you do that a lot of people feel like you have to

build trust, you have overhang a dividend. financials are coming together and it could be next quarter where you could be going back. >> we have several key catalyst between now and year-end. one, we expect the general rate case which is this year's revenue and three-year forward revenue, i do not know company who would not love to know the revenue for the next three years, but that will allow us to build a plan for customers. as well as dividend reinstatement, as well as fire sellout from the fire victims trust and the s&p 500 will be balancing that recognizes the fet exit from the stock. >> in the meantime your company has to spend fortunes making sure that your area is safe. it really is not clear how to spend the money. i think the tree trimming, it was not that it was bad, it did

cut emissions, not that it was the most efficient use, there are other efficient uses to cut back on the 385,000 potentially hazardous trees. >> we have 8 million trees within strike distance of our lines. it is hard to determine which will fail in which one. we new technology had to be a part of the story. you are here in california and we are happy to have you. we have innovated and invested in technology on our lines to deenergize them within one 10th of a second if something makes content. we have reduced ignitions by 60% last year, we have reduced the additional 30%, that is a 50% reduction over a three-year average. last year, 99% reduction in acres burned as a result of our lines. we are making the system safer, it is getting safer every day and it will be safer tomorrow. >> when you realize all the

different weather occurrences, that a spectacular. it is much worse now than then. >> i think it is a great opportunity for utility investors to realize we are going to rebuild this infrastructure. we have to rebuild it so it is climate resilient. we are going to help reduce the pace of climate change but adapted infrastructure. underground the big 10,000 mile underground program is critical to making a safe and reliable. though weather conditions do change. we have have infrastructure that is resilient. >> you are also very forward- looking, ev, and maybe you have a situation with ev on the road, you said there will be five diablo canes, that is gigantic. >> it could be incredible, carbon free energy that is dynamic. ev is the best thing to happen. both require new load, but they can provide supply. they are mini powerplants for

the people are that will prevent us from building more infrastructure, particularly more fossil fuel infrastructure. ev's can be powered in the peak hour and help us reduce, think about this for a minute, the household expense for energy today can go down when you switch from gasoline to electricity. when a household switches from internal combustion engine to ev, their household expense for energy goes down and we can decolonize the economy auto lower-cost. >> when you talk to your boss is excited? >> he is as excited as i am. innovation is the heartbeat here in silicon valley. we made sure that we included him and he did a great job of talking about the expectations for load growth. for us that means investment in infrastructure and it means reduce unit cost of energy for customers. it is a win for

investors and customers. >> 70,000 square miles. what can be the growth? some people want a high dividend. i want growth with dividend it is that a growth area? >> we have the highest growth weight rate of any utility. because infrastructure demand is so great and utilities earned on their capital investments, our capital investment on our infrastructure creates the highest growth rate in the structure and we're looking forward to reinstating our dividends. i say a little bit of both. >> it is an exciting situation. we are talking about being a growth utility and not just being a fire hazard. >> that is in fact. that will be the story of our past and we are focused on the future. >> that is what you should be. you're doing an amazing job. patti poppe ceo of pg&e. >> coming up, party like you

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>> you can immediately breathe. >> every year we travel across the country for the annual conference held by salesforce. it is a great place to learn about tech. when the overarching theme of the you event is artificial intelligence. earlier today they had a bunch of ai announcements. the fact that they are working with alphabet to bring their ai power customer relations to google workspace. there is also a charity component as there always is, it does not get enough attention. let's take a close look right

now at the cofounder, chairman and ceo of salesforce. welcome back 2 money. >> great to have you in san francisco. and we have a gorgeous day. >> why do i want salesforce einstein to be my copilot? >> this is probably the greatest technology advancement of our lifetime. it is probably the greatest technology advancement of any lifetime. any lifetime. >> back it up. >> you are getting massive improvements of levels of productivity. in engineering, i have a least all this productivity that i did not have before just by using new ai tools in sales, service, marketing and customer capabilities. i will achieve so much more because i can use ai. we are expressing a lot of this at home. aren't you using ai tools to

write letters, or research? >> that will not make you big money. big money is you telling companies had to take their data and get the right information from the data. >> the most powerful thing that we can do now is to bring ai together with crm, with customer data. when you bring customer data together with ai, that means ai is learning from your customer data. unlike all these other ai tools that are trying to learn from you and take your data from you , you know how it works, you are at home working on this stuff, but it is sucking your data down or taking your company data, we provide a trust layer. your data never leaves your company. yet, you get all the benefits of this amazing ai. >> i was thinking, i would not want to give you my data if you are mixing it up with everyone else's data because then it is

a commodity. i would not pay salesforce for commodity. >> your data is not our product at salesforce. that is not true for a lot of companies. >> i know it is. people tell me don't worry about it. >> we have talked about einstein dozens and dozens of times over the last decade. einstein will do 1 trillion transactions for our customers this week, but we never look at the customer data. >> people ask me, who knows what to ask einstein? how do you know what to ask einstein in order to get the right answer? >> einstein has been doing predictions. this person bought this product, asked them about that product. this person is on your commerce site, they are getting presented with this new product , i will show them this product. or you are dealing with a service issue? i will show you a better solution. in the new world einstein is generating new ideas giving you

much more comprehensive answers using the standard of ai. it is another level. >> i have been doing an amazing job and i have been doing a good job, i know people want to buy a cappuccino maker. einstein will tell me what that person may want besides a cappuccino maker? >> first it will help you find that person, then it will help you sell that person, then it will help you service that person, then it will help you market the next product to that person. that is the power of ai. another level of productivity. at one level everyone wants to be in einstein at the show. at another level we want productivity like we have never had, that is the promise of what is about to happen. >> what about internally, you say 45% of executives are increasing ai investments, 330% of time to drive revenue growth and deliver high quality and

customer experience. you are telling me that you put the stopwatch to your own outfit is all these kind of results? >> are result internally have been a phenomenal. that is why we put up one of the best quarters we've ever had. >> it was an amazing quarter. >> it was great. >> the margins were great. >> jim, i think you know we had our margins over 31% and we had solid growth across the board and all of the products did very well. this was before we made all the turnover and all of this amazing ai technology. when our customers get their hands on this technology, i want our customers to have the quarter we just had. >> when i ask people what is, everyone says it was a great quarter and they say you have to ask about slack. microsoft is killing them, slack is not growing, what do you say to people who say microsoft killed slack and you spent too much money? >> i'm ery excited about slack.

>> do you say these people don't know what they're talking about? >> i would just say that there is an exciting moment for slack. we have a whole new level of infrastructure for slack. slack for the first time is not just the system of engagement but a system of record. it itself can start managing data. the third thing is, slack is now front in two salesforce. you can use salesforce to front end your system. that is not the big news. the big news is slack is starting to wake up with its own ai. it holds so much data for our customers. i think slack will be the promise of ai for our most important customers. >> that is the most bullish you have been. >> i will tell you why. if you go talk to any of these great ai companies, i hope you have them on your show like anthropic, or open ai, they are

all slack first companies. they built the product with slack -- >> -- microsoft -- come on. >> jim. open your laptop and he will show you pray he runs ai on slack. i think you run your business on slack. >> yes. >> that is the best, businesses run on slack. >> there is a huge ai revolution here in san francisco, we are the number one ai city in the world. commercial real estate is evaporating for our eyes. as i talked to every single ceo they are all slack first. >> okay. i would love to see a breakout of that. >> we have this amazing new venture fund which is a $500 million venture fund targeting ai companies. and also looking for companies looking what they are building on salesforce and building a

market using the einstein ai platform. that is what we are deploying here at the show. i meeting ceos all the time because they're racing and growing and i say how do you run your business? they are all using slack. try it out yourself. use your own independent research. >> let me ask this, we had frank on, you introduced me to him thusly >> what a great investment. >> he said look, it is a little more row boring. the best uses of ai are from auto insurance company trying to figure out a basis point, better rate. from a auto finance company time to figure out what should be the rate that we should charge. you keep telling people it is the business to consumer. the real money is in those kinds of things you do you agree? >> i think that is where the technology was. it was in that area where it

was more predictive enhancement. i think generative and economists and with agents we will move beyond that. it will move rapidly into productivity. ai is moving for you. jim, i am wearing the shoes from a company you love, which is carrying group, gucci. these gucci shoes that i wore were designed out of their cloud nine center in italy. you met the head of the center new york. remember what he said likes he said we augmented his agents and made them better. that is the promise of ai. >> if you re a bank you have to do enter of things. this should be a great return on investment. >> it will be unbelievable return of investment for every company. you are basically unleashing trapped products. you're augmenting your employees capability. every customer will have it. we have been working with fedex

with ai, and they will have incredible opportunity to sell and market, especially to customer service. >> look, you gave me the weather, and you gave me a city that looks better than people feel. >> i noticed you walked here. >> i lived in my car for a year out here so i can do what i want. >> how did san francisco look to you? is pretty good. maybe you cleaned every street yourself. >> i was cleaning streets myself. i will say one thing, i was in new york to. >> you gave an interview a week ago that said your family is from here -- >> i am fourth-generation. >> you commit to doing this next year? >> i want to make sure it does well and that it's safe and i want to talk to my customers, which is what everyone should be doing. if everyone says go, then it is ago. >> you don't run the company,

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it is time. then the lightning round is over. are you ready? let's start with gary in nevada. >> thank you for taking my call. i am calling regarding the potential sale later this month of magellan and partners to want oak. i have a position in mmp and would like to buy more. i am wondering if i should wait and see if the sales goes through. >> it will definitely go through. i like it very much but it is a great deal. congratulations. that was well played by you. mark in california. >> captain jimmy tell, welcome to northern california.

>> thank you for having me. what is going on? >> here in the north goldengate hippie county -- >> extranet performance by you. how can i help? >> everyone's favorite caribbean cowboy, jimmy buffett i am calling about biotech stock that may strike a chord with some of our home gamers. do you think an investment and in the aba will set us up for a lovely crews? >> i love this guy. >> it is a philadelphia company it is highly respected. i can see prices that are too high. it is highly speculative and i wish you the best. let's go to buzz in california. >> i just want to give a quick shout out to my voice. jim, edward's life science, what do you think?

>> i am shocked. what can i say, this used to be one of the greatest stocks and now it is terrible. i don't know what to say. let's go to richard in florida. >> thank you for taking my call. >> what's happening? >> i love stock and pay dividends, i'm just calling to see if i could add international to my dividend portfolio. >> i used to love this company. i have no idea what is happening and why it is falling apart. it is 4.7, it is one of the greatest well-run companies. we will have both of them come on this is ridiculous. come out and say something. michael in new york. >> jim, how are you doing? it's mike from long island, new

york. we have been listening to you since my kids were little and now they are adults and we all watch you. >> that's great. >> i have owned walgreens stock for a long time and i feel like that company is in turmoil and there's a lot going on and i'm thinking of selling and buying cvs. what do you think? >> they will turn this around. cvs is yielding 3 1/2, it will earn eight dollars it sells for 70. i think you're right. i think right now you're right, i think this thing between the price of 60 and 70 is going to bottom, it has all the problems of every company that has tech issues. let's go to hogan and colorado. >> hey, jim cramer how are you? >> i'm okay. >> good. thank you and your staff for all of your insight.

>> they make me look good. >> after the announcement of acquiring some of these dominion properties and in bridge is as low as it has been. >> i will tell you they have the best, those properties they got were fantastic it yields 7.7 , i know people feel they paid a lot, i don't think they did. i think they did the right thing and i think you should buy the stock. let's go to will in kentucky. >> this is will from kentucky. i just want to get your thoughts on honeywell. >> something happened today, honeywell spoke, a lot of people that i got the vibe from that they are willing to think more about bringing out value which means breaking out the company create terrible trust owns it i am just surprised the stock went up at all. that is the conclusion of the

lightning round. >> coming up, as good as goldman likes what david silverman and an offensive lineman have in common, next. is it possible to use predictive monitoring to address operations issues? we can help with that. can we provide health care virtually anywhere? we can help with that, too. is it possible to survey foot traffic across all of our locations? yeah! absolutely. with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening. (sirens) [due at target in 5!] copy that. make a hard left down the alley. network's got you covered. [please confirm requesting back-up.] -changing route. -go. roadblock ahead. ...back up, back up... reverse! reverse! next level moments, we're 30 seconds out. need the next level network. [north corridor, hurry!] -coming through! -or 3, let's go.

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capital markets are coming alive i think this was just day one of a move higher from investment banks. i have been telling members of the vesting

company we are in the verge of a banking boom. first, we have more than a dozen gigantic on deals and those are easy money for bankers. second, we have several noteworthy takeovers, smothers is buying hostess the makers of twinkie, today we learned that, two container companies are merging. remember, the investment banks make a fortune in devising these deals and it does not take a lot of employees to do it third most important, we are about to see the first most important ipo in years. they try to buy for 40 billion if you years ago, ford only got from the regulators, it is worth a lot more than that now. if you can get a piece of the deal you should do so. of course you should buy the stock at the opening i expect this to come in very hot and the market mechanics breakdown whenever there is big demand for ipo. nothing has changed since we

bought this in 1999. a story that i tell because it's embarrassing, goldman sachs said the ipo would price around 19 bucks in the stock would open in the 20s. the reality is it opened at 61, underwriters did not have an idea what they were talking about. how are we supposed to know where it will start trading? stock trading is down straight line at two i don't see that happening here. if you like the look of the arm deal by some goldman sachs or j.p. morgan they stand to make a lot of money. they are reopening of the ipo speed. morgan stanley has a 4% yield. last week my pal interviewed the ceo of goldman sachs. he defended himself on a series of issues involving style and substance. i don't care about style stuff but when it comes to substance i thought he told a great story

about goldman business. we own morgan stanley and the trust. goldman is looking good. let's sit back and look at the bond deals, the mergers in the ipo market that came back from the dead and i cross that with the lack of serious credit risk pre-corporate balance sheets are in great shape i think investment banks could be one of the lowest risk and highest out there. we you think of where the stocks come from they have been crushed by regulatory's ever since -- it is hard to believe that many banking crisis has occurred. now they are not hat sharp. we have seen the artificial intelligence i think banks need to be precise about risk and try to keep cost down and some of the biggest winners from ai, practical biggest winners the best of all with tech, you are at command of highs. what is it like to recommend something that is solid? kind of like buying a interior

lineman stock even if you do cash in your quarterback stock. it is a lot less risk and less pain. i will take it. i am jim cramer see you tomorrow. right now on last call, apple pulling back the curtain on its new products but dan niles is not sold. he is shorting the stock. is that allowed? an ai summit unlike any other. tech's most powerful titans head to d.c. sticker shock. maybe. how the uaw standoff of detroit's big three could help turbo charge auto inflation. off the shelves, your favorite cold medicines may soon be gone after a shock fda finding. this is a story you have got to hear to believe and it involves th