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tv   Mad Money  CNBC  September 18, 2024 6:00pm-7:00pm EDT

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>> guy used to work there. >> i did. i was employee of the month. i worked there one day. >> what can brown do for you, guy? >> there's magic happening in flushing, number one. >> yes, there is. >> and exxonmobil is going to rear its head once again. >> great to have you, miaechl. thank you for watching >> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always and i promise to help you find it. matt money starts now. >> hey. i'm cramer. welcome to mad money. coming to you from san francisco. i'm trying to make a little money. my job is not to entertain but to explain. call me, tweet me.
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there are two economies in this country. the one that means lower interest rates because it's hard to find a job and there is the one that doesn't care about what the rates are. that's how we get a double rate cut today and still go lower and surprisingly see the dow dipping 103 points a declining 2.9% and nasdaq .31%. we are out here in silicon valley where the steak you makes don't matter. nobody cared about today's rate cut if you think they should. if you ring up the fed here they look at you like you are some sort of clueless dinosaur headed for extinction. t rex cramer has this to say. it didn't matter as much to wall street but that's not because lower rates don't matter, it's because for these stocks we saw it all coming. last week the fed started licking they might of us a basis point cut. now that we got a handle on inflation the double rate cut
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was already baked in. we rallied on these dudes last week. we won't do it a second time. that's not how it works. don't read too much in today talked to that truly worry about the economy that say they can't make the forecast because rates are too high. we have been hearing that for most of the retailers, restaurants, especially the ones that cater to the less well-off. they needed this double rate cut. it is great for housing and can help the industrials, those stocks sold off when we got what we wanted. that is very typical action. how about the tech economy? the one based out of here? when you talk to companies in silicon valley it feels like the people who run these are inmates who escaped from the asylum of interest rates years ago. what they do is exploit holes that allow them to become in bold to the enterprise. they don't really care about you, the consumer.
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they're selling to businesses that then sell to you. their market doesn't hinge on interest rates, it injures on how innovative they are. that's what you've heard from all the companies we interviewed. these are about innovation. these companies are not selling homes, washing machines, cars or things worth less than a dollar that are sold for more than a dollar at a dollar store. housing needs lower mortgage rates, tech doesn't care. they just want to great software that reduces some friction that you get in the process of buying a home. lower rates make it more likely people start new companies but most new companies are too small to need major enterprise software companies that we talk to, so small-cap companies can go up as they did but big enterprise software not so much. the fed wanted to be sure inflation is contained and going in the right direction which then allowed to be cut. more businesses in the east in particular can thrive.
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after the presumption is all enterprises are trying to raise margins, automated everything that can be automated which only means using fewer people. these companies are automator's. they never want hostage to the fed they don't want you to be hostage because that is a sign of weakness. there is a sign of cyclicality. they hate it. why be hostage to the cycle if you don't have to? these tend to be winners and the economy is slowing but when the fed slams on the accelerator wall street abandons the group and piles into companies that can post big earnings gains with much lower interest rates. that may sound strange. over in the world the stock market we only have so much cash to go around. right now it's going into companies that would've been doomed in a world where the fed didn't start cutting rates. these have stocks that are much prized so the money funnels into them. everything else went up but couldn't stay up after the cut.
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these did. unfortunately not enough to allow the averages. is every player doomed to the same small part? are the stocks weaker now? can nothing transcend status? when i went out earlier the publicly traded company would never be as low as i was. when i play the tenant really i don't think i spoke a few words. there will be stocks that shine even in tech with rates coming down. however, we come out here to find legitimate stars regardless of the economy and they don't do that well on days like today. many are about helping big companies do more with less and there is always demand for that. you bring in these guys to bridge the gap to perform better with fewer people, these are stars. to many that means one thing. craters of a.i.
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as someone who can raise your margins, boost earnings even if it doesn't make with sales because sales have been slowing. you hear from workday, products invented by aa that can do it faster and wiser than people. we had the same story from salesforce but in the end i am a realist. this is a day for people that need rate cuts and it is day one. we have many more had. those will create a backdrop of positivity for all stocks. they will have a positive bias. with a double sized rate cut everybody already expected you aren't going to see a huge run. it doesn't have the edge when we get the big cuts. the fed is helping companies that need a consumer or else not companies that cater to an okay enterprise. on days like today where we get a big rate cut you want to on the stocks of companies that are doing. almost all the companies i talked to in san francisco are doing real well.
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they didn't need the help to make the numbers. days like today we want the companies that needed a rate cut because they got what they wished for but tech got out of the game a very long time ago. let's speak to sunny in illinois. >> hey. your longtime fan and admire. how are you doing? >> i think this is call number nine for you. i always enjoy you. >> from myself, my wife, my two sons. we all love your show. >> thank you particular to the sons because that's the next generation that will watch me. how can i help you now? >> i like to give a shout out to new jersey girl nicole and your staff doing a phenomenal job. >> i wish i could bring everybody. wish i could bring him all but we have great staff in new jersey too. >> i want to give a shout out to your morning show and your best friend david.
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>> we should shut out my wife, my kids. we have a lot to shout out or we can take a stock and do that. >> let's do that. i'm thinking about building a position in walgreens. i know you're a fan. do you think mr. wentworth can turn this company around? >> the great thing about walgreens is it can only go down nine points. i know that is subtle. listen it won't go down 10. i sure hope he pulls it off but he's got to start spending money on the way we heard people do things out here. artificial intelligence. be able to cut some of the overhead and bring home more profit. on days like today we get a nice big rate cut but the depth -- they just got what they wished for. not the companies that don't need it. mad money tonight. not miss my exclusives.
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it'll be one of your favorites amd and hearing one of the latest acquisitions for the powerhouse. i'm looking to las vegas as workday joins me for the ford event. plus another one you love, t- mobile. they announced a partnership with open a.i. is buying at these levels the right call for your portfolio? it's check in with the ceo. stay with cramer. send jim an email to mad money at cnbc.com or give us a call at 1-800-743-cnbc. miss something? had to mad money.cnbc.com. power e*trade's award-winning
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>> after a roller coaster of your amd, one of our favorite chipmakers, basically flight for 2024. amd is the only chipmaker that comes close to nvidia. now the stock is down roughly 80 points from its highs this spring. something is wrong. let's check in with dr. lisa sue, the chair and ceo of to get an idea of what's going on. >> wonderful to be here with you. >> i saw you this week. you were a featured toaster because you got so well. you said something that caught my ear. he said we will look back 10 years from now and we can't believe what life was like now. will you tell me what you're saying 10 years from now that would make it so this seems also pedestrian? >> great to be here with you. i have to say i really do believe we talk a lot about a.i.
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but we are really at the beginning of understanding what a.i. can do for us. if you take a step back i've been in the industry for over 30 years and we have seen a lot of interesting technology. we saw cloud, mobile, pc, these were all great technologies but a.i. is something different because it makes up everything better in terms of it makes our businesses are productive of, it makes our engineers more productive, it makes researchers more productive and helps us. i can see a world where a.i. helps us solve some of the world's toughest problems and that's why i say it was a nice event on monday night. it was one of those events where you can see a decade from now nobody will be asking what was the roi on a.i.? they will say a.i. is part of our life, it's how we live, how we run our businesses, how we do our research, teach our kids. that's the world i see.
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>> what you say to people now who say that is businesses talking. i don't see it impacting my life at all? >> i beg to disagree. i believe a.i. will impact everyone's lives. it's just starting today. let's not be impatient. tech trends are meant to play out over years, not over months. we have only been in this chat gpt world for maybe 18 months. we are learning. it's fun. we use it to make -- to answer questions, to help us in sales, marketing, we use it to help us build chips in terms of large language models but now we will see it and all aspects of our lives and i think of it as personal assistance, education, will be one of the areas i'm most excited about is what we can do in healthcare and what we can do in accelerating
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research. these are things that if you look at the process it would take for drug companies to discover new drugs it might take years. >> most fail. >> exactly. if you could change years two weeks or days that is a superpower and that is one example. the beauty of all this is you need the computing. that's what we do. we do all the foundation of the computing that enables a.i. to help us in all these industries. that's why i'm so excited about where we are. >> people tell me listen, it's either nvidia or its amd. timmy, if you don't think there's room for two you don't understand the space. you taught me that. let's teach others that. >> it's absolutely true. the way to think about it is there is no one size fits all
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in computing. there's no only one architecture. you're going to need the right computer for each application. i'm excited about a.i. everywhere. a.i. in the cloud, a.i. in pcs so that we each have our own sort of a.i. engines. i'm excited about a.i. at the edge and infrastructure that we use throughout the entire world. there are all kinds of different computing you need and the beauty of amd is we have had this vision for the last 10+ years. this is how we thought what do we want to be when we grow up, the high-performance computing leader and a.i. is a huge piece. >> okay. we give you how i feel is someone who is following you when the stock was at five and you explain. so far so good. you explained to me a road map
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and it was of cities and going to lead to triumph and when that triumph occurred your company would be worth more. i don't hear much about the road map anymore. i hear much more about a.i. what happened to the road map and is that not making that much money anymore? >> let me take a step back and say you need computing of all sizes. if you want to talk about italian cities i can talk about italian cities. think about it this way. there's three types of computing. there's a big accelerator a.i. computing we are talking about for our large language models and for all of that. yeah. we are at dream force this week, there's a lot of talk of what you need to do agents and things like that. there is traditional compute and cpu land where our italian road map has done extraordinarily well. if you think about data centers around the world they need to become more efficient.
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there's too much all the equipment, that equipment has to be upgraded, you need the highest performance, lowest power efficiency, overall total cost of ownership. we are now in our fifth generation of our italian cities. we're just about to launch in the next quarter. lots of exciting things going on there. i talked about a.i. pcs that are also a very exciting trend we will see going forward in the pc market where we have intelligence and a.i. we also have our embedded commuting. i've talked about that. sort of what we do with fpga and adaptive computing. aerospace and defense, we use a tremendous amount of amd underneath that. think about industrial, testing measurements, we are computing across the board. there's a lot of excitement around a.i. and accelerators but three
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major legs of our computing. >> it make sense it's exciting because you put out some pretty amazing numbers for 2027. a lot of people who felt they were impossible. as we go on it seems like they are reasonable and rational projections. >> absolutely. we see the computing market and a.i. accelerators getting to $400 billion by 2027. hey, we love all compute but when you think about the power of a.i. and where it goes, sure, that's where a lot of our focus is. we have made tremendous progress in our road map around accelerators. mi 300 is our current generation. we are now on when your cadence so every year we come out with new hardware as such we can make a.i. even more efficient and more capable going forward so we are
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launching our next generation here again in the fourth quarter and you will see us with a new generation mi 350 series in 2025 and mi 402,026. our italian cities plus are accelerators you will see a tremendous growth opportunity. >> if we saw you in the same room as jensen wong would you be able to say i get along with the guy, he's a decent competitor? are things to heated between the two companies? >> i'm a big believer in the technology ecosystem really works when you have good competition and frankly good partnership as well. there are places where we partner across and there are places where we compete but the main thing is customers want choice. our customers are the largest in the world. they want the best tech. everybody wants to have choices and that's what we offer. we are offering a very strong
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high-performance can peeling road map >> that works when it exceeds supply doesn't it? >> it is one of those cases where people have asked over and over again are we going to have enough? we are building. we are building a ton so we have enough of computing capacity the demand is very strong as well. we will continue to ramp up the supply chain but i view this as let's not think about it as what happens over the very short-term, let's go back to how we started. we are going to look back at this whole time 10 years from now and we are going to say what was life like before a.i.? >> i look back 10 years from right now and i remember where your stock was and you told me what it was going to do. i guess we would've missed a lot of. i want to thank lisa su
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, amd chair and ceo. a day when the fed makes this point cut. that's not how to look at stocks businesses. mad money is bk teacafr the break. coming up, is working rising? the other enterprise software star jumping for generative a.i. next. (woman 1) all right, here we go. uggggh. (man 1) oh no, no, no, no, no, no! (man 2) what's my next step? oh! ugh. (girl) dad.
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>> this week we came out to dream force in san francisco but there's another software event happening in las vegas. workday, they u.s. software business is hosting its own workday rising. we got the chance to speak with the ceo to learn more. carl, we have been quite used to work date of nobody else is doing. what have we seen this year that will make a difference? >> first of all, thank you for having me. as you can see him coming to you live from our conference workday rising for this year it is our biggest and boldest most innovative workday rising effort. i can tell you have 18,000 people strong. i'm coming to you live from our expo center. we have more than 30,000 joining us online. what we did this week is we
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actually launched the next generation of workday a.i. called illuminate. we are going to move from an era of how we have been moving towards a.i. to an evolutionary path now we are launching a revolutionary a.i. platform called illuminate at work and our customers and partners are excited about the impact it'll have on their businesses. >> right now the federal reserve just cut rates. 50 basis points. what i'm trying to say to people is that can help business but it won't be what workday needs. workday will do well by being innovative, by being smarter than the other guys, is that what illuminate is about? >> it is. we can't control the macro. there was a cut today as he said, there was a lot of conversation that said 25, 50. we don't focus on the things we can't control. what we can control is how innovative our platform is. our platform as you know you have covered work for years is
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a platform that supports our companies and customers, two most critical assets. their people and their money. what we did this week is we took it to a completely new level with workday illuminate, our next generation of a.i. and it allows our customers now not to just accelerate how they work but now we will assist them and ultimately through the use of a.i. transform their entire business by using agents. agents that work with our employees and customers in a peaceful way. we aren't going to try and replace humans, we will augment humans to drive a new function change in human productivity. >> we spent a lot of time with salesforce which is also using agents. they are a partner of yours. are these similar to the agents we heard? >> no, actually earlier this morning during my keynote we had mark join us live and we
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talked about the partnership we formed with salesforce. what's really unique about our partnership is the fact that in the enterprise there's three systems of record that matter. your system for your employees, your customers and your financials or your money. what we did today come alive is we showcased something we only announced two months ago if you remember on your show this new partnership and how our technologies are working together. one of the things we showed is workday agent with salesforce agent working together to meet customers and employees in a flow work or they are at whether it is in workday, salesforce or whether it's in slack. it was a powerful demo we showed today. marco joined us and he was super excited about what we had to announce because it was very similar to what i think you talked about yesterday. >> it was. you weren't doing things in recruiting that make it so you
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don't need as many people to do recruiting but it seems you've got a more rational less emotional way to get the people who you really want. can you describe that? it has a.i. and it really has what companies need which is a better hit ratio when they hire people. >> great point. one of the things we've launched is a recruiting platform to help companies accelerate hiring and once they hire people that it's also about how you retain them. what we have done is taken it to the next level. we are applying a.i. to recruiting for the technology in a product we got from a company we acquired a few months called. in hr one of the biggest expensive you have is recruiting. what we have been able to do is leverage to reduce the
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productivity of recruiters by upwards of 30% and at the same time accelerate the time to hire new employees. when you get them we leverage the same platform to drive internal mobility which keeps your people at your company longer. a.i. applied to recruiting is a key strategy of ours and our customers are seeing value today, not waiting for it tomorrow. >> if you're doing recruiting and you're doing human capital management and finance it sounds like you're doing on boarding. right now i think of on boarding as being service. are you competing directly? >> we have a great platform that helps automate on boarding. it helps automate recruiting then we can automate through our platform in the on boarding and we can accelerate the enablement of our people. our platform is a platform that is purely self-service for everything hr, everything finance and there is no real
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reason to jump in and out of workday or if you're working in salesforce as i said earlier you can stay in salesforce and easily get access to the work a platform. there's many other platforms out there but there's no reason to start that eople jumping around. we can deliver everything we need to our customers for both hr and finance on the workday platform. >> you've done incredibly well. your margins have been expanding. you're not hostage to whether the fed says you'll be able to hire more people easily, it sounds like you are hostage to your only on inking and it's expanding right here right now. >> i believe that is the case. that's why we're so excited to launch the next generation of a.i. right here at workday rising called workday illuminate. it will transform how people work, it will transform business models and it will drive a step function change in human productivity which ultimately drives growth and also drives expansion of operating margins. that is the work platform.
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>> excellent. carl eschenbach, workday ceo from your conference. great to have you. you are doing a lot right. i hope to see you soon. >> great seeing you and thank you for having us. >> mad money is back in a moment. cramer online one. does expanding 5g make this investment pretty in pink? we have the ceo next.
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connecting you to where you want to be, this player in pink has had a market milestone now in the wireless race. is t-mobile not such an underdog any longer? >> what do we make of this
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nasty 3% decline in the stock of t-mobile? the first capital market in over three years when the company has plans for the future wall street found something it didn't like maybe. the stock started sinking. i thought they were fine. they unveiled open a.i. and nvidia which we want to know more about. that's why i'm thrilled to be joined by mike sievert, the president and ceo of t-mobile. welcome back. >> wait to see you west of new jersey. >> it's not easy but they allow me. one thing certain the last time i saw you when stock was down this big was the last time it just took off. tell me what you said versus what the hedge funds were doing with their stock. i think you can tell me more? >> i'm more of a business expert than a stock expert. we traded off from near all- time highs today in anticipation of the story. i'm told some short-term money wanted a little more.
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we committed to up to $50 billion in stock buybacks and dividends. we increased dividend as well. >> our viewers want that dividend. you gave it to them. >> we gave more than a 30% bump in the dividend to reflect this. what we are hearing is the long investors love the story. it is such an exciting story. we laid out we are going to transform this business and continue to lead the industry now from our high scale in terms of postpaid net additions, in terms of revenue, in terms of ebit and cash. that's the trifecta. this growth company engine we forecasted just drag it right but it gets better and better. >> you did raise to a way i think people would say how can they do all that and grow like that?
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you have the right physical plan, the right fiber. what do you say? >> we have set for years what customers look for in industry is a great value, great network and the best experience. look at the update we provided today. we remain the best value by far. we have fame for it so that is great. we will guard that. we have the balance sheet to guard it because we have the least that that of any major providers. the news over the past few years is we have become the best network by any objective measure and we have room because not everybody knows yet. brands are stubborn and take a minute for that to soak in so the more people realize we now have the best network the more tailwinds we have on our business and that's been fueling the growth. we are transforming the customer experience with a.i. and data so people get a better version of the carrier over time. all that adds up to the market's fastest-growing provider unleashing enormous cash flow. >> you've been great to people who switch. you offer a better apple deal.
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we have this new phone 16. i listen to the services that tell me it's already bad but i say let me talk to mike sievert. he is the keeper of the data. how poorly is the 16 selling? >> it's nonsense. this is another year of great phone introductions. the first week was better than last year. not only good but better than last. people are buying pros, max, they are buying up the food chain and buying at a greater rate. what's interesting is we may see this is better than last year to a greater extent as i have a feeling the cycle will be lengthened a little. the a.i. features don't come out for a little while. that word-of-mouth of seeing apple intelligence on your phone and telling other people is still in front of us and will take a few weeks. this cycle could last a little while but already it's bigger than last year. >> there it is.
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everyone is very excited about that product but i heard you got to 8 million you didn't have any more room. >> for the first time ever we unveiled we are increasing our target to 12 million customers. it already is. for 8/4 in a row we have generated each quarter more net additions and broadband than the rest of the skilled providers combined. that is massive. we have gone from nowhere to 5.6 million customers on track for that 7 to 8 next year perfectly on track and increasing the target down to 12 million. we have been able to figure out how to get even more capacity out of this world leading 5g network. these fixed wireless customers we can pour in by the millions don't diminish the service of smartphone customers who are now enjoying the widest margin of speed advantage versus at&t and verizon. >> are these customers that are
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new to tv and cable or are they coming from somebody else? >> 60% are switching from cable. cable is the biggest contributor. >> it doesn't buffer more? >> people love the flexibility of it. affordable. you can take it, you can move, you have to check with us and make sure the address works but it's simple. people love the simplicity, the low cost. this is the only broadband offer in america whose cost structure is not burdened by capital. capital is a big part of the picture but this is not burdened. the capital was paid for by the mobile phone network and mobile subscribers. we offer a great value of a product people love. it is the highest net promoter score of any broadband product in america. >> there's another guy, starlink
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. people are telling me get on that horse, get off t-mobile. i don't want to get off a horse if the horses winning. >> i love starlink. they are partners of ours. there are places in the world where satellite is the only way to reach it. our partnership now with them will bring some of that signal directly to your phone. >> that could be a trojan horse. >> it's phenomenal. we have 192 satellites in space right now. they are rapidly launching. we think we are on track for a beta program of the direct satellite to cellular program we launched a while back. it could start late this year or early into next year. >> this could be existential for other players. >> the most important thing in mobile is coverage. our dream is that if you can see the sky you are covered. this represents the potential end of dead zones. >> we did talk about nvidia. we went. the nvidia partnership
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meaningful for anybody who has t-mobile? >> absolutely. we announced today we are putting a stake in the ground at the future of network architectures is called a.i. brand and we are partnering with nvidia, tokyo, erickson and others to bring the future to reality. it'll take a few years. we are halfway into 5g. we are now turning the page and starting to architect with their partners future networks will look like to make sure everybody has a better signal. >> i know we have to give up on the apple 16 it's doing better than we thought. all right. thank you so much. president and ceo t-mobile. the last time it broke down like this was the last time you got in before the next big run. mad money is back after the break. lightning doesn't strike twice. >> thanks for taking my call. >> it stris keevery day.
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cramer is back in a flash with your questions next .
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>> it's time for the lightning round. then the lightning round is over. are you ready? nancy in texas. nancy. >> hi. i would like your opinion on iron mountain. >> i think iron mountain with a
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3% yield is good. now i don't like it as much. it's had to bigger move up. how about we go to ron in pennsylvania? >> hi. i'm an investing club member and love your morning club calls. >> good to talk to you. what's going on? >> wells fargo had a return since i've owned it but nothing is stellar. it looks like it's going to break out something news comes out about issues and it seems to unfairly penalize the stock. with interest rate cuts starting today and the upcoming election i'm concerned that wells fargo will continue to fly into the wind and struggling to string together gain sort of like our eagles on monday night. >> wells fargo is a winner though. let me tell you, i hear you and i feel what you're feeling. i am a believer.
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he happens to be head-coaching knows what to do with two minutes and when minutes he would never be full by things you saw on the field monday night. i think wells comes through. i think it'll go higher. it can go back to 62. let's hold on. let's go to joe in new jersey. >> hello mr. cramer. thank you for taking my call. good. since technologies has partnered up with nebraska medicine is it a buy? >> it's a cold stock. it is a stock that has momentum because investors pile into it. it's not really even a stock, it is just a barometer of enthusiasm of some business that may or may not be doing well. i wish there were more to it. let's go to mark in california. >> big thank you to you and your team. welcome back to northern california. >> the team is fantastic.
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a key member of the team. how can i help? >> marine county booyah cramer. >> let's go to work. >> pg&e are my local utility supplier. there is another expected in october really kicking us where it hurts. with fire season approaching and rates going down you think this utility would be a good investment to light up my portfolio? >> which one is it? pg&e. we have been behind the ceo now for five points and we won't get off that horse. no way. that stock is a good one. rate increase or no. that is the conclusion of the lightning round. >> the lightning round is sponsored by charles schwab. coming up, this agent is no
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maybe parts of this market have gotten too downbeat, to skeptic. that's what i thought when i saw the negative reaction to salesforce artificial intelligence plan. their software can create a.i. agents that are often much better than humans at least when it comes to almost all things involving customers. yesterday's ceo explained agentforce at its annual conference and the new platform generated more excitement than i've ever seen at these festivals of tech. i say that as someone who has been to a great number over the years. it makes sense. agentforce won't resonate on a day when the fed cut his big. compared to other companies that need a rate cut to survive to steal the thunder but if
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your company then the machine that answer your customer calls will be smarter, more empathetic and they won't just route you to a voicebox. able handrail the cases. they will care. no more press one, press two. it is the kind of thing that could be a game changer for a national drug store chain. imagine if the machines could handle calls instead of overwork the pharmacist. the presentation didn't seem to matter. it's down a present. double rate cuts will do that. there will be plenty of days where the fed isn't in play and that is when the stock will shine. this product. why? to get involved to be a customer is longer than any i can recall from a new software product. you practically have to big salesforce to get in the door. does this count as an important use case for a.i.? salesforce sat down with the ceo of nvidia. after an agreement the state of
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a.i. the field he practically created. he loved the salesforce agent plan. if he didn't like it he wouldn't have shown up. when jensen talked about it he said we haven't and scratch the surface of what we can do. i think we are too downbeat about some parts of that. the healthcare benefits we've already experienced right now were a.i. platforms are helping to cure diseases. take a look at this. >> i think the next 10 years, the breakthroughs we are going to have in digital biology, the breakthroughs in diagnosing disease, the breakthroughs in science we will have so many scientific assistance. >> they don't matter today but they will, believe me. mark spent time talking about how companies already spent and lost billions building their own data centers with do-it- yourself software. that's a waste of money. he compared microsoft copilot to libby. that got a good laugh.
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he means what he saying. it was terrible but it was everywhere. mark acknowledges the dominance from copilot, it's everywhere. he deals with everyone so he has to ration his chips so there's no slowing down. he keeps a pick up as far as the eye can see. it didn't help him that the stock finished down 2%. he's not focused on that. i would buy both stocks because the roles are misunderstood. nvidia makes powerful chips that can do unimaginable things. jensen thinks there will be billions of these agents given the use of the technology. there's many great products over the years but he seems most proud of this. so far it hasn't mattered, it's only been a short period of time. a high percentage of companies that reports have signed up. normally a.i. will do many things. i'm skeptical about many initiatives i've heard.
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things that are just being rebranded as a.i. with the aching force i see something different and lucrative for the salesforce and its clients. if the fed didn't have its big meeting i bet the stock would've gone up, not down. right here on mad money, i'm jim cramer. see you tomorrow from san francisco. or fight ach other for. this is "shark tank." other for. ♪♪ with a company for fashionable children everywhere. aww. ohh. corcoran: oh, look at them. oh, he's got a little pocket thing, too. love the outfit. hi, sharks. we are the schaub family. i'm amber. i'm mark. and this is aubrey and jonas. and our company is rufflebutts,

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