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tv   Mad Money  CNBC  September 4, 2024 6:00pm-7:00pm EDT

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my the way, mel's mom was here. adorable. >> thank you. >> thank you. >> apple on the tree, the whole thing. international business machines, that's ibm. >> first stock i ever owned. thank you for watching "fast money." "mad money" my mission is simple, to make you money. i am here to level the playing field for all investors. there is always a bull market somewhere. i promise to help you find it. mad money starts now. hey, i'm kramer. i i'm cramer my job not just to educate, but teach. on a day that the dow inched up 38 points, .06%, nasdaq
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declined. i am willing to declare there is too much doom and gloom out there. i am not trying to call bottom. i want to make that crystal clear. i think it is worth taking a hard look at what is going right, not just what is going wrong. look, the market is up for the year as we head into a tricky election and enter the worst month of the year. so, only a fool will ring the all clear. plus, according to to the gauge that declares too much buying and selling, you don't call them when the mark set there. it never works. but at the risk of sounding too bullish, let me try to refoot some of the biggest, baddest stories out there. of course, there are many floating around wall street. the cheap one, right now, the economy is slowing at a much faster pace than the federal reserve is prepared to combat. therefore we are doomed to a recession. the utility stocks are boring
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and the economic stocks have, indeed, been crushed. i will not deny it, you do not get the collapse of dollar tree off 55% for the year including today's 22% beat down. in the wake of a weak quarter or dollar general just last month. well, what do you expect? we can't hope for the fed to bless us with a rate cut or rate cuts unless the economy is deteriorating, they do not cut it when business is good. you can not wish for a rate cut and not going to be blow ups that is foolish. we all act like nothing should go wrong and we will get multiple rate cuts any way. like we are are rewarded with that, wrong. [buzzer ]. >> they are meant to balance weakness not strengthen it. e fed will take rates down in order to prevent a recession if we get a weak labor report we will see a huge rally again. even if they can be hurt, or in
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the case of the food and beverage, the rise of the gop drugs, of course, if it is too strong we can not have the rate cut cake and eat it, too. how about it, a sign of persession. i keep hearing nvid amissed the report, can we put that aside. the people saying this are the same people that call the stock like it rhymes or something, like it is this instead of nvidia. the simple fact is that it could not produce enough of the high end black well chips, if was supply. not a lack of demand. can't they get people the pronouncer, don't call it that? we know from the last round of conference calls we have seen a bottom. that is good for tech, something that texas instruments seem to have shaken off. how about oil as a sign of
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weakness. you are hearing that, too, if there is that would be for china, not here. we are pumping oil like major. maybe this is it. trump wins we can see the same thing last time he won, oil stocks underperform. when the president supports oil it brings a ton of oil to the market and surpresses crude. maybe that is a part of the weakness. now, misleading currently dispensed right now. again, concerning. not nivea but nvidia. now, 175 billion. as in disaster. allow me to offer an alternative. 1.22 cap. then swrmed in by the end of
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august. yesterday, declined to 2.6. perhaps, perhaps, that 279 billion loss is not that big. at least for a stock that is 100% up for the year. let's not forget about law of large numbers, when you have a couple trillion stock, $200 billion ain't that much. it is not if the first time it dropped in a day t. was the fifth time. big deal. not too big of a deal. as, i know what you are thinking, nvidia stock, that is something that i agree with. as there is still way too many fellow shareholders that don't know what nvidia is or makes or the brainpower of the ceo in this amazing place. it is called the nvidia factor. they all have to sell. they can not get a firm fitting until they do. we don't know how quickly they can get it rolling or how it can get the gross margins going
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up. that was the real reason it pummeled. how about something else, your bank put out a list of the previous big drops in the market. great buying opportunities. for example, platform, $250 billion in february of 2022. since then, valued at 110%. the gain over the same period. april 29th, 2022, amazon lost the market gap. since then, 39%. s&p, up 33% and change. on september 3rd, of 2020, apple lost market cap. since then, sored 83%. on october 25th of 2023, google dropped $180 billion. since then, 25% gain. not bad. the only stock on the list to beat it. the index dropped 32 in that time. finally, microsoft lost in
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march of 2020. then a rampage. the win for the s&p500 after the same period. you can argue the real winners have a degree of volatility. it scares people out of the stocks when they should be buying. only a terrific price to buy, not sell. maybe find something else that can get through the gloom of the machete. if you have a market driven by stocks and then health care and goods and financials, utilities, somehow it is a bad thing? if everything were to go down, sure. really bad, not this time. the bottom line. a ton of stocks rallying a ton. brooder leadership. again, the rate cut that is coming. isn't that what we want? isn't it? william in connecticut, william? >>caller: jim, my 11-year-old son will has a question for you. >> i was studying stocks for my
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5th grade class and one stock that was doing really well is royal caribbean. they had an addition to their fleet and the stock doubled in the past year, is it still a buy? >> boy, there is a kid with horse sense, listen to me, this is the best operator right now. doing a terrific job. even the others, the others are faltering, not these guys, it is a long-term investment. they are embracing it now more than ever. >> robert >>caller: how are you doing? >> not bad, how are you? >> >>caller: doing great, i could not do better when we had a conversation a few weeks ago we spoke about a stock that you recommended at 19, and i rang the register when you said it will go into the 30, and you made it, 4,000 shares, you made me $40,000 on chewy, thank you very much, thank you very much!
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>> does anyone in america remember that conversation? >> i appreciate it. [ applause ] >> i appreciate it. my team does. the team has been with me forever, understands, thank you for bringing it up, i appreciate it. i religiously listen to everything that you say. you are the man. okay. >> remember, i make mistakes, i own them, but i make them. okay. >> maybe you make one out of 100 i have not seen too many. but, my opinion. my trust is possible. thank you for those kind words. >> thank you, thank you, any way, the next stop has a huge lead in the late loss industry. sometimes it is very hard to own winners but this company in my opinion, i am sure you are going to agree, push that bell for me could be the next trillion dollar company. okay. diabetic drug alone got approval in china and china is
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the most highest diabetes in the world, okay. >> yeah. >> so the bottom line is this, the company is expected to see 120% earnings this year and 41% next year. eli lilly. first of all, thank you for the comments. eli lilly will be the next trillion dollar company. i think it is remarkable. we did trim some this week because i felt so greedy. we might be able to buy some if it comes down. >> ian in north carolina. >>caller: how are we feeling about your birthday tomorrow? >> we go down to brazil he said they are on the plane, they are on the plane. i like it. it is so nbc and on peacock. there you go. i play for us. what is going on? >> listen i am personally
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bullish on the long-term trend around rare earth materials, am i on the right track with mp materials? >> they are now a show me story. i have been backing them for a long time. i will not back a company that has not been able to capitalize on what is a absolutely important, incredibly good position and they are not making money. that is why the stock is down 30% for the year. okay, we have a ton of stocks rallying right now. it is not, it is health care, finance, utilities, come on. we are getting brooder leadership. we are getting rate cuts, my question is, are those bad things? should you stock up on sprouts farmers markets after the july report? i am checking with the ceo. and dick sporting goods, what is behind the move? i am cracking out my post earnings playbook and do not miss my exclusive after the bell report. stay with cramer
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tony, its gone. no. how am i going to do this? welcome to the mdy mid-cap cup, presented by state street global advisors. today's challenge is to play 9 holes without the middle of your bag. how does that sound? that sounds terrible. ♪♪ ♪♪ ♪♪ ♪♪ new projects means new project managers. you need to hire.
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tremendous first sales, big earnings, that stock, it sold right now. over 6% from the highs last week. could it be a chance to pounce? or is it a reason to ring the register. we will talk to the ceo of supreme courts market. welcome to mad money. >> thank you for having me, jim, nice to be here >> it is a true joy to meet a real operator, they want fresh, organic and care about price and don't want to pay too much. how have you been able to perfect it? >> i was lucky to have a company that have had that from the very start. that heritage of really good value fresh produce, of bringing healthier products to customers and we are building on that and evolve the assortment, and the proposition, all of the time looking at the value we are giving customers on it. and produce pricing is a really important part of it. that is what has been bringing a lot of customers in. right from the start, and has
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we grow we want that reputation to be the place people can get healthy, affordable access for healthier food. >> all right, a lot of people would say until i met up with your outfit and numbers. you can not lower prices. nothing i can do. it is the way that you can make a lot of money and make good prices for all of the people that shop at your stores >> a lot of the reason, first of all, produce is an important part of it. the other parts of the store were different vegan, vegetarian, keto, plant based. all of those we are all in that space for ourselves. if we give good value we get good response. and the pricing and what we do ourselves as opposed to looking at what everybody else is selling different things for. withy can run our own business and focus on entirely on delivering for our target customers. we are not trying, we are not
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trying to look after everyone but that target customer that is interested in healthy foods and wants to understand what is in their food >> in the meantime, the target customer loves you. your customers are very smart and not just, you know, could go anywhere but they go to you. >> the reason for that is because we got that assortment, we are able to sell so much on line says to me people are migrating, i want the assortment that sprouts has and that allows us, i think, to attract those customers who are a little more focused on what is in their food and how they eat and what the diet is. >> at the same time you have done something i find remarkable. a lot of people give lip service, you have forgers, who are trying to find great things in the areas you are at. >> yes, we have distribution
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centers across the country. each one, people are looking for the appropriate things locally. in colorado a short window you can get fresh produce, we do a >> the job in that space. across the country that is part of it. this team that we have, always out there looking for something different and local and it is working well for us. >> there are customers that are betting your loyalty program is different. >> will that be the case? >> absolutely. we are not about free gas and discounted prices for different customers, what we are trying to do is create that connection with our customers. when we get more data and information we will be able to communicate directly what customers want and make them feel special. there is something special about our speciality business that will come alive as we get more and more data from our customers >> it is important now, i see a lot of retailers, over expand, you are not doing that and they don't care about shareholders you are not doing that.
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you are buying back stock and expanding and making money on the stores quickly after they open. >> yes. part of the store program that we are developing we are building 35-40 stores a year. a big part of that, making them smaller, better returns, cost less to build, making them smaller that allows us to get much less risk for the shareholder in terms of the investment, building them from sea to shining sea. we are really excited about it, across the country. people are reacting to it. everyone knows us in san diego and southern california, but when you get over to midatlantic and florida we are working on it. i am pleased with the reaction we are getting across the country on the stores. middle of that we are generating a lot of cash and giving cash back to shareholders. we focus on the business first, and money is extra we give it back to the shareholders >> as a grower and someone who makes sauce we have great peaches in new jersey and we have tremendous beef stake tomatoes and silver queen in
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pennsylvania and new jersey. >> we will chase after those right away. >> i felt terrible i was reading in the operation, we had sprouts on many, many years ago and lost touch. that is our bad. you are a remarkable operator doing great things >> thank you very much for that. i appreciate the comment. i think buying opportunity. that is the ceo of sprouts farmer's market, mad money is back in a minute. coming up, is it first and goal for dick's sporting goods? cramer takes a snap at the brick and mortar all-star, next
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. all right, what the heck just happened to the stock of dick's sporting goods? i thought it was a great quarter this morning, the market thought they dropped the ball. sent the stock down 10%. that is insane. the quarter was really good. dick's delivered 4.5%. they were only looking for 3.4%. net sales higher, earnings for share came in at $4.37. that is more. the pretext margins jumping a year ago to 13.9% today and that is hard to do? they are firing on all
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cylinders and raised part of the forecast for the second quarter in a row. boosting the stores outlook. so what was the problem? why were people selling the stock down 10% this morning before the stock recovered over the course of the session? let's start with what i just mentioned. while dick's reported a clear raise quarter guidance was not better than expected they just brought the numbers closer to what the analysts were looking for. earnings forecast has not caught up yet. and it is lower than what wall street was expecting. okay, not perfect. the forecast from dick's implying a slow down in the back half of the year. 2.5 to 3.4% sales. it less impressive. when you do the math, it means dick's is 0.2%. on the earning's side.
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they reported it. only raised it by 17.5 cents at the midpoint. the guide down for the rest of the year. that would not have been too bad. duck's sporting goods is an incredible stock. over the years, all of the way up to 232 at last night's close. the stock was up 58% of the year. dicks is trading, but more of a beat raise quarter. of course, that is not the only reason it went up. there are a couple reports. one reason dick's raised the earnings forecasted by 17.5 cents is the company decided to make some trateaguic investments to drive the growth. -- strategic investments to drive the growth. given how well the upgrades have been working for the company, geez i think it is a
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great use of funds. but some investors are allergic to it. maybe that he sold first, asked questions later, maybe not asked at all. it should not have come to a surprise, dick's alluded to the fact that the results might have been artificially strong in the first half the year. some came from the fact that they were lapping where descent numbered stores were shutdown for renovations as they rolled out their house to sport format. some of it was the store was closed the year before. it is a popular concept that is what i really care about. same time, back to school week came in the second quarter but last year in the third quarter. that gave them another, what i guess we call artificial boost. now, are these valid reasons to sell the stock? this is the situation, honestly i don't think so. for me, the new investments are positive, even when you back out the sales boost, the numbers would have been good, not great, in the end plane
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shareholders will look for an excuse to ring the register to stock that tripled over the past few years. anything less than a stunning set of numbers likely would of made these people take the chips off of the table. you seriously don't need to wait for an excuse. sell it and get a better price. pull back as a buying opportunity. so many good things happening here. dick's has one of the best of retailer and people never stop to go to the store in person for cleats or bats or clubs, these are the things you need to do in person. they have their own batting cages and golf simulators. mean while the house of sports stores, 50,000-square-foot locations calls them field houses are doing well. a new wrinkle we have not heard before. dick's management said the landlords have interests in these locations because they make anchor properties for shopping centers that is how much traffic they bring in. dick's has 15 house of sports
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stores with plans to open another five this year. 17 field house locations and are adding another 9 this year, all terrific. don't forget, they have a game changer app that helps parents track and watch their kid's game. it is a great sort of new business, a list of potential customers every time a scene signs up, they have now more than six million unique users engaged. the average user spending 45 minutes a day on this app. i would of love today when my eldest was in school, high school, i feel terrible when the financial world of teetering and i was stuck here. i can not remember what happened on those days but we both remember me missing those big championship matches. finally, dick's keeps making merchandise additions, they are leaning in. and sporting goods retailer for the team usace at the l.a.
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olympics in four years. by the way, they just ran an amazing ad campaign. i am feeling good about it after the quarter. more than the market. the stocks recovered more than half of the losses from the 10% beat down this morning. at these levels, dick's sells for less than 16 times. cream of the crop retailer. bottom line, i think dick's sold off today because it was up huge going into the quarter and profit takers were looking for an excuse to sell. after it, i say you are getting a fabulous buying opportunity in stock that is hard. but, in the guidance what we got here, you get what people think is hard, when it might just be a need to play it close to the vest in an obvious uncertain time. let's take calls, let's go to illinois, raj? >>caller: my question is regarding celsius holdings, is it a buy at these levels given
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the partnership with pepsi? >> i got to tell you, i saw it this afternoon, i looked at it, down 3, no, i think there is something wrong, by the way, whatever that relationship is with pepsico it is not helping them. i like to wait until companies have some sort of footing. this one is still in free fall. and a lot of it is a belief they are selling it at lower prices than they thought, or convenient store is not selling as well. i don't trust it. that is what i am saying, let's go to sonny in illinois >>caller: i big chicago buhha to you. >> like the bears windy city. what do you got for me? >>caller: i want to give a shout out to nicole on your staff they are doing a phenomenal job. >> they are, nicole is
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fantastic and the staff is terriblic. >> take care of her and give her a nice raise every now and then. i wish i were in charge. i would. okay. how can i help? >>caller: i got a two-part question. >> okay. >> i just remembered i am still waiting on the sequel for get rich carefully. when is that book coming up. >> stay tuned >>caller: okay, buddy, sounds good. a two part question. signet jewelers, do you think the prices will impact them, and with signet coming back at the $80 level do you think it is a safe time to build a position ahead of next week? >> great questions and thank you for the nice comments about the staff. i will tell you this, what worries me is that not the price of gold and silver, but the stock acts terribly.
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it sells at 7 times earnings. i'm in favor of starting it and let it come down and buy more. the last quarter was fine. it was not a great quarter, not a bad quarter but the stock is inexpensive. thank you, again. >> i think we will look back at the pull back as a buying opportunity. much more coming up on aero apparent and of course, rapid fire tonight's edition of the lightning round so stay with cramer
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. that week we got great news from the difference department
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known for switchblade suicide drones. these guys won a $1 billion contract to supply the drones to the u.s. army in response, the stock surged over the next couple of days, that is something to keep in mind when you see the stock getting slammed right now in after hours trading, wall street does not love the numbers after the close. that is what it was, the company reiterated the forecast, rather than raising it. analyst expect it to be raised. the forecast does not include the big army contract that they won last week. it makes it confusing. we will clear it up. let's cut through the noise and get out there. the claire and president and ceo of aero environment. >> many times you have been on. it looks like that is not the case. maybe you can just describe the
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events that occurred here so people realize it is not like you are guiding things down or not happy with how things are going. >> absolutely true, jim. we are very, very, excited about the quarter and the year. we had a van taftic quarter. a record first quarter for the company in its history. the largest ever single contract idiq and delivery and quantity of nearly $1 billion with the u.s. army for switchblade 300 and 600. overall business grew 24%, top line, q1. so we are excited. we reaffirmed our guidance, record year for the company in fiscal year, 2021. >> yes. you talk about maintaining guidance, i think with all of that good news and the big contract you just won there would be reason why you would raise guidance. >> so, jim, there are several
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factors involved. number one we are an election year. all of the indicators are the defense department will be a continued resolution, that means government fiscal year in 2025 that gets approved in october of this year. it might get delayed until the end of the calendar year t. is our first quarter. it usually if first inning of a four inning year. we are kind of early in this process. again, we had a record quarter, record results in terms of our performance of our business and the growth is substantial. we are really building for the long-term. we can not be more delighted about the opportunities of it in front of us as well as the prospects for prosperity and growth. the environment has never been better. >> all right, that is what we wanted to hear. i had a feeling the case was these are tricky times, political. now, let me ask you, we read
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all of the stories about plane different kinds of drones. i imagine all drones are not created equal, is that correct, sir? >> absolutely true. absolutely true. >> what happens if you have these really cheap drones from iran that can send up thousands of them. yours are so expensive versus those it is an unfair advantage. >> so, first of all our drones are incredibly affordable relative to the drones many of our adversaries would design and build. number one, number two, our drones perform way, way better. the effectiveness of our drones and munitions versus competitors and adversaries is a huge, huge difference in gap. and third, look, our systems are so effective in ukraine we so far delivered over 475 systems for isr. it is the workhorse of ukraine. it is what the ukrainian
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military is relying on, day in day out. >> they are flying them 24/7, acting as their air force. our munition is very, very unique in terms of the pligz capabilities, effectiveness, it has taken out artillery targets, tents, targets that are far beyond the visual line of sight of the military of our ukrainian soldiers and their frontlines, so, essentially, what we provide to ukraine is incredibly compelling. that is why they have been able to a chief so much success from it. >> i want to get down to the wall street journal serial where they talked about the switchblades facing challenges with the warfare systems, according to former soldier. they talked about how they have not been as effective as people would of hoped in the article. how american drones failed to turn the tide in ukraine? that was the headline. explain it to me the
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discrepancy here >> yeah, so, most of what you hear and read on the news is related to the first person view quad copters and systems that are not even close to being the same as our switchblade systems, ours are designed to work really, really well in contested environments, last quarter when we had our analysts in new york as nasdaq headquarters we were able to command our drones from thousands of miles away live during our investors day when the systems are in california and kansas and they achieved missions. this is a cat and mouse game. what i mean as we make improvements and enhancements to the system in terms of jamming and operations in contested environment, the russians come out with countermeasures so we continue to update our systems. what i can tell you, our systems have an incredible
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track record in ukraine. most of what you read is related to other systems not specifically to switchblade. those are considered an effective munition capability in the entire category of solutions that the ukrainians are using and, to our knowledge, based on what they are telling us, is is unmatched in its capability. >> all right, thank you for clearing that up. that was my understanding, too, by my own work. all right, taiwan is a great friend of ours and they face encroachment by china, they can buy anything they chose to buy yours, why? >> so they studied the market. looked at all of the systems available out there. u.s. and other allies. and our systems stand out for two reasons. two or three reasons, number one, our systems are battle proven and tested in the battlefields of ukraine and other theaters around the
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world. we delivered thousands and thousands of there's effectively. we are mission relevance. lastly, we design and develop and deliver the best in class systems that is out there. based on all of the factors, taiwan decided to ask and receive our systems and they will get it soon. we just got the approval to sell them those things. the contract still not reflected in our backlog. there are several more contracts we expect to book in the next several quarters. >> all right, i find this very encouraging, sir, i am glad you came on, as the journal article seemed a little difficult for me to understand and the guidance that i plow understand well. that -- that i now understand well. >> sir, always terrific to have you on the show. thank you >> great to be with you. >> -- mad money is back after
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the break. hit us with your best slot. lightning round is next
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♪♪ [inner monologue] in this gig... you get comfortable being uncomfortable. ♪♪ the enemy is always adapting...
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deepfake: hey handsome. ♪♪ [inner monologue] ...always iterating. ♪♪ . lightning round. >> lightning round is over. are you ready, steve, now, lightning round starting with charles in new york >>caller: how are you? >> i am good. charles, thank you for asking, how about you
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>>caller: terrific. i am watching for seven years now. >> thank you >>caller: terrific ideas not the least of which was microsoft back when it was in the '90s and i was scared if it was going to be a loss. >> nah, nah.. help bringing that ipo. >> how can i help >>caller: one of your ideas was moderna . >> which one? >> that is a problem, they should be making money. they have not succeeded. they are losing money, hand overs in, they have to clean it up or that stock will not rally. thomas in maryland, thomas? >> jim, how are you doing? >>caller: i am a long time listener in first time caller.
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. >>caller: i have a question for you company oklo. what are your thoughts on that company? >> this is a company that is losing so much money, hand overs in i can not even look at it. does not matter, can not lose a lot of money at this structure at this time in the economy. it will not work. >>caller: hi. jim. how are you? >> i am doing well, how about you? >>caller: good, good, good. i have a question. kkr. >> it is an excellent firm. i have known them for years and years and years they deliver time and time again, i think it is a buy. let's go to elizabeth in florida >>caller: jim i was wondering your thoughts on lument. >> give it a chance to come down. looking to be a good quarter. i don't trust it, it shot up
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like a cannon. it is always destined to come down. zach? >>caller: what is up, jimmy, how is it going, man? >> going great >>caller: i am in the gym getting the pump on real quick, quick question, i have been successful with coca-cola. how do you feel? >> okay. here is the problem, straight up, way too far, way too fast, good company, no. no, does not work for me. and that, ladies and gentlemen, that is the lightning round . the lightning round is sponsored by charles schwab. coming up, don't touch that dial, cramer has more on this market that you don't want to miss, next the bootstrapper. the bootmaker.
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yeehaw [narrator] but many do have something in common. we all trust schwab with our wealth. [narrator] thanks to our award-winning service, low costs and transparent advice. every day, over a million multi-millionares trust schwab with more than two trillion dollars of their wealth. okay, team! oh, thank you so much i couldn't have done it without you. honestly, i don't do a whole lot here. i'm really just here for the at&t internet, it's super-fast so, any pre-launch concerns? what if nobody buys them? that's mean or, what if everybody buys them? oh, i hadn't thought of that that's probably not gonna happen can we handle that kind of traffic? the network can handle it! i downloaded eight hours of true crime stories just during our last video call i'm learning a lot is it me... or is work not working? at least, not the way it could work. your people are buried in busy work. and you might be thinking...
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can ai make it all work? it can. on the servicenow platform, ai transforms your entire business. because when your people work better, everything works better. so, let's get to work. idris elba works here? mm-hmm. ya, he's super nice. here's why you should switch fo to duckduckgo on all your devie duckduckgo comes with a built-n engine, like google, but it's r and doesn't spy on your searchs and duckduckgo lets you browsel but it blocks cookies and creepy ads that follow youa and other companies. and there's no catch. it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today. nate jones... lines things up... checks his fidelity app... looks to outside analysts to get a second opinion. nate likes what he sees... and he places the trade...
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talk about easier investing.
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. we learned tonight the news reports that nvidia has not sufficiented a subpoena. but the justices -- received a subpoena. but the justices are after apple, too, saying they consolidated the monopoly power and they go to court fighting over google and digital advertising, with nvidia we have a pattern. they succeeded by making a better product and leaving their competitors behind. google no longer has the superior product but they are still being targeted. you might find it suspicious that they make 100% of the conductors but they have the best products out there. they have almost the entire market to themselves. nvidia, quote, wins on merit as reflected in our benchmark results and value to customers and custer can choose whatever solution is best for them. if they are going after them
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that seems like a terrible overreach. let me add to that nvidia finds themselveses in the same position as intel. they had the best processors, back then intel had 90% ever the market and amp had 10%. no monopoly just a superior product. they make excellent chips that are close to nvidia but not there. they are free to go to amd. none of this artificial intelligence stuff would exist without nvidia's technology. what do they want them to do? stop making the best chips? just today, nature magazine reported that the imaging evaluation foundation that uses nvidia chips have been able to identify cancer cells, predict muumuu tigses all -- creels --
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predict cancers. do they want them to make dumber chips? there a shortage of the high end chips, the company has to decide where they go. they will allocate them to the customers that do the most business, wall street accepts it, it should be fine for nvidia, too. it is an abuse of power by justice not by nvidia, how about apple. now, they might give apple more bargain inning power versus the app developers if it is that good, officiant minds don't care. there are plenty of strong competitors to apple. you can buy a samsung, how can they monopoly that. some way to stop google that they claim in the brief abuses its power to disadvantage publishers and advertisers that dare to use competing tech and search for higher quality for lower cost matches. according to the brief, google
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uses quote over technology and funnels more over its own ad products. and inflated fees to line the products and that it reportedly served. that is why their ad tech competitor is winning over some of the biggest advertisers giving them transparency and better results than if they stayed. i say justices could say the taxpayers money boy dropping the case, let it go. and let, let trade desk crush google at its own game when it comes to buying ads on the internet. plow, google was found to be engaged in anticompetitive behavior when it became the default search engine for apple. they got nailed for this. they got it. of course, microsoft could not have paid more for the false engine. this is more absurd. going there where they are starting to lose in the open market. i keep coming back to the obsession with america's best
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companies, putting out amazing things. they want the companies punished for the products. that is all you need to know. i like to say it is more. promise to find it on mad money, i'm jim cramer, see you tomorrow, imagine i told you i had a magic trick to get your kids to enjoy eating their veggies. narrator: ...by working smart... they're made with our revolutionary technology. ooh. narrator: ...by thinking big... we put everything we had into this. ...and chasing their dreams... we had an opportunity, we took it, we're here. ...and tonight, nba legend and sports broadcaster charles barkley returns to the tank. you know how much i charge for an endorsement? you're getting this thing cheap. people are going crazy over this. do not miss the chance to get in. this thing's gonna make a lot of money. -charles, get in here! -oh, my goodness. -- captions by vitac --

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