>> courtney? >> i will take the other half of his trade. i will go with delta. i think it is optimistic to look at. >> 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. there is always an open market somewhere and i promise to help you find it. "mad money" starts now. hey, i am cramer, welcome to matt maiocco welcome to cramer. my friends, i am just trying to make you a little money. my job, not just entertaining, so to expire, call me at 1 800- cnbc or tweet me at cramer. the reason i have this button

on my soundboard, it is a sound of a strike of a ball hitting the head. pin, sending the rest of the balls flying. it always surprises and it always delights. last night, nvidia bowled a strike. today starts stocks of all kinds since the average is story with the doubt jumping 400 points. the nasdaq advancing.03%. nvidia has been with microsoft in the lanes, fighting over who gets to be the largest company owner. right now, head to head with apple, 3.5 trillion versus nvidia, 3.4 5 trillion. microsoft has steadily fallen way behind. the wayward drops off even bigger today. make no mistake about it, nvidia's strike last night has opened distance between it and the rest of the field. the numbers are staggering for a company just a few of you

have even heard of recently as two years ago when it's market cap was 500 billion. nvidia 35 billion in revenue last year with a net income of 25 billion. those numbers are preposterously great. just a spectacular ramp-up. a year ago, so many critics were claiming nvidia was expensive, trading at 55 times the earnings. people laughed at me for chipping the seemingly undervalued stock. it turns out, a year ago, nvidia was only trading 20 times forward earnings. that is how incredible these results were. in retrospect, it was cheap, cheap. that is what happens when a company outlines the estimates. and as i have told you repeatedly, nvidia has been out running the estimates for a decade. superexpensive? no, perfectly reasonable. that is the stock that is nvidia, it is why i have loved

it for so long. how do they do it? nvidia is rolling not one, but two balls down the lane. one being solid computing and the other being artificial intelligence. they may be the best bowlers of all time, figuratively speaking, of course. i welcome my fabulous partner who started off the show by asking me what i thought about nvidia's quarter, at the time the stock was down a buck or two. i was clear, i wanted to hyped the stock up, and then i sat back and paused for a moment. i said, frankly, i have never seen anything like what is happening in nvidia, never, just never. even though the stock was down despite 19 firms raising their prices this morning, i said, this stock is simply not capturing the seismic shift that is happening here. nvidia is disrupting everything we know about this. there are only so many superlatives when it comes to demand for technology. last night, the operative word

was staggering. i think even jensen is struggling for analysis at this point, like when he was talking about how one used for the latest and greatest chip is open a.i., which he said is something completely new, like the iphone. the iphone he compared it to. we think of the iphone is a once-in-a-lifetime intervention, but when you go to nvidia, you realize the iphone might be smaller. in the end, apple is just a small device. nvidia has remaking the world as we know it. there are trillions of dollars in factories that need to be built with nvidia. trilliant saved in forecasting supply-chain management, engineering, and coding, where you can speak to the machine and tell it what to do in plain english, rather than a programming language. elon musk plan to give everyone a humanlike worm robot to do the dirty work. it is positively shakespearean.

i have been thinking, maybe it is jensen's world and all of the men and women are merely players. going back to the bowling analogy, this was so earthshaking it caused whole sectors to fly in different directions. first deposit, jensen made it clear, we don't have enough power to handle all the demand from these machines. that causes power produces like constellation energy to bolster the data center place. they can soar. jensen dropped with memory shortage, perhaps related to high-bandwidth chips. waiting for that to roar, optical product, backbone plumbing, more available tech. connecting company gets a shot. these are all classic, in action. i want you to write this down, because it is something you will hear over and over again. it is called agentic where you

have new organization, powered by nvidia, salesforce and others, getting a shot. mike bennett, ceo of salesforce has been talking about his product capable of creating billions of agents. agentic, what does it mean? today, i went to speak with a doctor about the test results i got monday. i got the usual audiorecorded idiot who knows nothing about me. then, i press two to speak with someone who might be remotely related to the person i want to speak with, they were not. then i pressed three. i got to a human, but it was the wrong woman, who transferred me to the right person who wrote my number down, but did not get a name and i never got a call back. in the agentic world, i got a call because it recognizes my number and it asked if i wanted to speak to the doctor i saw early in the week? i said, yes, then it would ask for a detailed message, which would be given to the doctor. it has all of the information you need to have a frequently asked questions.

that is agentic, conversational, nonexisting agents powered by nvidia. you said, i don't want the human, i want the agent . some companies aid in the process. let me give you a little downside. microsoft stocks down. meta is down $2.33. why? because these are nvidia's biggest customers. the spending of nvidia chips could not last. the man can't continue overall supply, but those are a pack of lies. it is accelerating because the payoff is so great. according to jensen, for every dollar their customers put in, they are making five smackers. they have no choice but to buy nvidia's chips. forget about the idea that nvidia chips are heading to a wall. i think the stocks we saw last night are the early frames. we may be witnessing nothing

short of a turkey, a hammer, a brat, or a six bagger. even six strikes! a lot of frames. here's the bottom line, i never thought i would say that, i too am out of superlatives. what is happening at nvidia is so powerful it defies description. our minds can't comprehend it. since it has the technology and the smarts to do it for us. i am going to robert in new york. how is everything going? >> robert, it is a special day, how about you? >> i flew from new york to palm beach. the airlines are a nightmare.>> you got the edge would be, champ. how can i help you? >> jem, let's talk about a stock that has strong sales and big profitability with constant growth of 8.1% over the past five years. that revenue grew 16% year-over-year, $5.7! most analysts have a target of

six targets a ship. their ceo, who has been with the company a long time, i think he will keep steering the boat right. the name of this company, now, jim, you went on the air and called the bottom on this stock. once again, you did it again. have done it 100 times, so many times for me. you gave me 103% in the last six months. you made me 119 in the last six months. >> robert, you are crushing me here. i am all embarrassed, what is the stock, i have modified? >> chipotle, baby! >> that stock is going higher. new ceo. he's got the boat right. i think chipotle is going to go back to its high of 69, folks. i appreciate the kind comments. quit your day job! listen, what is happening with nvidia is so positive he does indeed defy description.

i don't have any more words, no more superlatives. we don't have to be the experts, because we have got jensen. short seller, muddy waters came out with a report on what else beauty. health theories should investors be taking these claims? i am getting the other side of the story with the ceo. and kendra keeps climbing. later, well later, i am selling to a very special, exclusive! i'm coming to you from the high seas. we are on disney treasure, the latest in a beautiful line of ships. don't miss a second of "mad money." follow at jim cramer on x. suite cramer , send an email, or give us a cl aland 1-800-743-

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yesterday morning, i was shocked to see a report for muddy waters research to high- profile shortselling firm about their new position in e.l.f., e.l.f. beauty, the value cosmetics. muddy waters points to publicly available import data, noting that e.l.f.'s imports have fallen, but has not had much impact on their sales or imagery. their conclusion, they think management is lying about the numbers. at one point yesterday, the stock was down 15%, although it only finished off 2.2%. this morning, the company responded and said, the merchandise does not show up in the import data

because they thought a request for confidentiality 40 four customs and border protection. it seems pretty reasonable, is the case closed? why don't we talk with tarang amin, chairman and ceo of e.l.f. beauty. thank you for joining us and welcome back to "mad money. " >> thank you for having me. >> let's start. i will read this, it is very difficult and i don't want to misquote myself and i know you don't want me to either. this is saying, you seem to be selling product you don't have. here is something you do go to jail for you materially overstated revenue over the last three years. another thing you go to jail for is to say, revenue can be overstated by 138 to 188 million to second quarter 2025. these things, which are criminal charges, how do you respond? >> first of all, the report was absolute nonsense. their claim that they could not see import data from us is because we asked the u.s.

customs and order protection in february to make that confidential for competitive reasons. our facts basically unraveled their entire report. the whole basis was on import data. the facts are, we just finished our 23rd consecutive quarter of net sales and marketshare growth and our company is extremely healthy, has terrific controls on revenue and recognition and is very well run. this is a short seller trying to manipulate the stock down at the expense of other shareholders and we put out the facts and our investors like that. >> when you told them exactly what you just told me, what was their response? >> we issued a statement broadly to everyone, to the entire market. they could have saved himself a lot of embarrassment if they called us and asked us, hey, can you tell us about this important data? >> i figured when they went out, as a courtesy even, just call you and say, listen, you lied about everything and you belong in jail, what do you have to say?

but they did not do that. >> no, they did not do that. they should have done that, but their intention was to try to drive the stock down. now that the facts are up there, you sell stocks increase. >> let's go over what else they said. and look, i don't know them from adam. i've known you a long time. you recommended your stock at 16. your money is good with me so far. they said, you did change the way you did your accounting and that could lead to some of the problems we are talking about. they say, when you take the product has changed, they say-- it is a very difficult thing. it is about having to do with when you take ownership of your cosmetics. have you changed your ownership about doing that? >> no, we did that ages ago. there is nothing weird about that. we used to take possession of our inventory when it reached our warehouse in california. we were paying insurance and all the vessels. without a more prudent thing to do with me to take possession of our inventory when he left the port and the ships we were

paying insurance on. we have disclosed it every 10k that we've had. there is nothing there either. again, a lot of inaccuracies, a lot about nothing. >> so that we check with them. i will read this one. sorry about my head being done like this, but i've got to do it. in addition to the import data, muddy waters confirmed with three of e.l.f.'s major suppliers that e.l.f. purchases have declined. one supplier stated e.l.f. suppliers were down due to e.l.f. working its inventory pallets. this is a quote, it's response failed to address our founding in e.l.f.'s in inquiry increase could not be due to a sourcing process change. how say you? >> no. total nonsense. if you take a look at our last quarter, q2, net sales 40%. if you look at consumption on nielsen answer,, it is extremely strong. we built up inventory to be

able to meet the strong demand we are seeing, not only in the u.s., also internationally. our international business was up 91% last quarter. >> i can't ask you to respond on other cosmetic companies doing badly. isn't it true having done a lot of work with you and worked in the cosmetic business, that you are gaining a tremendous amount of share, because frankly, you offer a value price to the great consternation of other companies who have smartly had raising prices year, after year, or go every day cosmetics? >> that is right. our mission is to make the best of beauty accessible to every eye, lips, and face. and it is a winning formula. this quarter, we picked up a budget point spaces marquetry, on top of 300 basis points last year. this is our 23rd consecutive quarter of riding our marketshare and we are the number one unit branch share in the u.s., number two in dollars

with a clear light insight in color cosmetics for market leadership. we have two of the fastest- growing skin brands in getting care and mentor young we have an incredible opportunity internationally to expand our brand. >> targets had bad numbers yesterday, how is your business with targets at all to? >> our business is strong at both customers. both are terrific customers. target is actually our longest standing national retail customer. they actually reported good numbers for beauty. it was a bright spot for them. we are there no blood bread with over 20% across their entire category and also the most productive brand that ulta carries. we have great business with and i think it points to that winning combination of our value proposition, powerhouse innovation and disruptive market engine. >> what happens now? the firm says these things and if they are true, obviously i have been around long enough and i am a lawyer to know that these are very serious allegations. do they take the allegations

back? or maybe the way the business works, it just does not matter? >> i think it does not matter. i think as soon as investors what the truth is, which is we asked our import data to be confidential, and a lot of companies do that for competitive reasons, they don't have any argument. what you have to look at is the facts of how strong the growth is at how we are waiting in the marketplace and that is the real news. >> muddy waters has more to say about this, you know i will come to you. i like to be fair. their statement, when you make statements like this, you've got to back them up and check with the person whose reputation you are trying to destroy, because that is cricket , and i don't think cricket was played here. i appreciate you coming on and clarify things. if they have or to play, i am happy to listen to them too. thank you so much, ceo of e.l.f. beauty, good to see you, sir. coming up, shares of kyndryl soaring today following its investor day, three years after its spinoff from ibm is now the time to

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only on verizon. i've got a feel-good story for you and a great month for a company called kyndryl holdings, the information and technology structure company. it was followed off from ibm

four years ago. this was supposed to be the boring legacy business, but nothing boring about kyndryl a. it's in the stock of 14% in a single day. today, they held an investor meeting. what happened, stock up another 14%. let's check in with martin schroeder, ceo of kyndryl holdings. we've got to tell this story. when you got spun off from ibm, i was kind of interested and at one point you might have a good story to tell, you basically said, let's wait until things are really good. how did you get to where you are? >> it is a great question. when we started, we had a lot to prove that we had a lot to prove that customers would value the work we did. we had to prove that we could invest and get paid for the great work we do. we had to prove that we could get back to growth. it took us

three years. >> was by the way, you told me it would be a long time. you did not tell me t would be an overnight success. >> even as we sit here this fiscal year, only half of our revenue is what we put in the backlog, half still comes from ibm. when we talked about yesterday in our investor meeting, we laid out what we call triple, double, single. we will triple cash flow, we will do that by doubling our profits and by sustainable, single digit revenue growth. it is all coming together and a backlog based business takes a welcome to work through, but it is also a very powerful financial model. in addition to talking about long-term targets, we announced our first year purchased total today because we are confident in the future. >> you told me, you did not want to come on until you are able to generate enough cash to do something like that. congratulations. i want people to understand the numbers, when you took over, you went from a loss of 326 million in fiscal year 2022 to

now, pretax income growth guidance of positive $460 million. that is a gigantic swing. some of that has got to be because you got new alliances and were able to do things you could not do when the company was embedded, not yet. >> really two things when we spun out, without the ability to invest, which we used to create a platform called kyndryl bridge, and we invested to create new capabilities . then, we got freedom of action. obviously, we were a part of a mission in ibm, now we have our own mission. we use that freedom of action to move into the ecosystem that matters. in these three short years for instance, we went as an example from doing hyperscaler work from zero to a billion-dollar revenue stream for us this year. we've executed a play we call the 3/8, focused accounts to reimagine the relationships we have, advanced delivery to improve service levels, improve what we do for customers, while

at the same time, reducing how much it cost us to do that and alliances, building, meaningful relationships. >> so people understand, the previous business was flat out service. use of expensive hardware and no one expected to make a lot of money. it was not supposed to in some ways. people felt therefore it couldn't. you did not feel that way. you felt it could make a lot of money. >> i knew this business, i knew the role the people who were being spun out played in our customer environment. we had the best engineers, doing the most complex work that run the most important workloads. we run the supply chains. i knew that this group of people didn't really important work and could get paid for it and could create value to customers if we could invest and use our freedom of action. >> it does seem, so people understand, it looks like a lot

of outdated infrastructure in cybersecurity. maybe some will feel like, i miss. judging from what i read, there's a lot more business in front of you that many companies need your help. that is exactly right. for us, the complexity that exists in the world, the move to cloud, resiliency and regulatory requirements, all of that is a tailwind for us and none of this is getting easier. companies are trying to figure out, how do i take advantage of what is next, how do i take advantage of gen a.i., the regulatory environment of that is the constantly changing. you have a major number of large deals. those would be deals you would not be able to pursue, correct, when the company was embedded? >> certainly not. we cannot bring the capabilities these companies were looking to go with the breath of what we have today. we could not work with microsoft, oracle, s&p the way we do now. that allows the relationships

to become bigger. >> how do you have all of this free cash flow? i was concerned when you started you would not have this until four or five years, you really got this much faster than i thought you could. >> the cash flow comes from rapid growth. we had a high tax rate the first couple of years. all of this, we are working our way through. for us, the trouble and double cash flow, basically a bit over 2x the profit base, it is driven by profit growth and the cash flow comes out of this business pretty readily. >> are you taking business from others or is this all new business? there are a lot of consulting rooms that do well. are some of the businesses from them? make a bit of both. we have been very focused on customers, growing wallet share

with customers and we have done very well. at the same time, as we start to head into pursuing progressively new customers and the last three years we have picked up 300 new customers as well. we do, all over the place. yes, we are really focused on growing wallet share with our existing customer base, but of course we are adding new customers because they come to us and see the skills we have and see the trust their customers have with us admission critical systems. >> congratulations. you are very much a man of your word. i love to see those. we don't have many these days. thank you to martin schroeder, ceo of kyndryl. i know, martin, it is true it has been an amazing breakout , but should be a lot more ahead in the headlines. coming up, cramer sets sail on the city's newest ship, the treasure and reveals how the high cost of mouth is setting its sights on the high seas,

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earlier this week, disney cruise line welcomed its newest ship, disney treasure during the celebration of the hudson river right here in new york city. regular viewers know i think this is a part of the disney division, one of the company's most promising opportunities. when we heard how close the new ship was to the office, we had to take a look. in fact, we got a chance to sit down with josh the mirror, chairman of disney experiences, and take a tour of the disney treasure. look at this. josh, i feel like we are in the

eighth wonder of the world, disney treasure, tell us about it. >> this is our sixth ship in our fleet. it is incredibly exciting to take this one out on the high seas and late in the summer, she will be sailing out of florida, like all of our ships in our fleet, this is all about story deep, deep detail, that is what differentiates these shifts from everything around. here we are in accra bar, the story of aladdin in our grand hall. it is so much to explore, so much for family, so much for young kids and adults. we have got all disney characters on this ship, marble, star wars, cocoa, we have even brought some properties from our partners on the ship, clearly we are excited about it. >> the disney ip you are using, live show, never before seen, these are different oracle disney. >> for the first time, we are

bringing stories and intellectual property from the parks on the ship. you and i had a chance to check out the haunted mansion polymer , which i think people will go crazy for. a lot of our theme park guests, those that have visited our theme park in the past, three quarters of them want to come and cruise with us and they will in the next five years. it is important we take all of the intellectual property we have around the company and put it on full display on these ships. >> let's talk about that. a big position at disney, this particular part of disney, i would say, was not accessible, did not know about it, tell us about this and where it fits in to the mosaic at disney. >> we have been in this business now since 1998. we launched our first two ships and we came nto this space and essentially created family cruising. the guest that come on our ships today, 4 in 10 say, the only reason they are cruising is because disney is here. that is pretty powerful we have created this base. we know when guests get on any

one of our ships, when they step off, they tell us, they had an incredible time. some of the highest ratings we pet across the whole company take place on the ships. after the first two in 1998, we started developing the treasure, our sixth ship. each of these investments has mary healthy returns on it and is powerful for the whole company to be able to take the stories you might see in a theater or theme park like we talked about and put them on full display here. >> you have a number of ships coming. it shows me this division will be very important. you did have a great return on investment on the first cruise. >> absolutely. this is our sixth ship. we got seven more coming. by 2031, we will have 13 ships in the water. we see a big opportunity here, obviously demand is very, very strong for our fleet in fiscal year 2024. we had a 98% occupancy rate. we know that the world is

looking for more disney. these are brand ambassadors for us that we can literally take around the world. we are very bullish on what the skin look like. >> at the same time, i was looking at-- i happen to be a part of the industry through covid too. just have enough ceos to know, it is a different dynamic. people will never stop cruising, in my view, and that was the case. you are able to make a little bit more than some of the others per cruise. what are you doing so is more lucrative for shareholders? >> we are always thinking about value and how we drive more value for our guests. that comes in the form of story number one. you have seen it on the treasure today. everything we do is so much detail, everything is steeped in a story from the walt disney company. that is incredibly powerful, no one else has that. on top of that, when you look at entertainment, the water moana show, for example, it is a phenomenal show, the dining

and how we orchestrate dining with story and unbelievable story service. there is so much to explore on these ships that differentiate them the rest of the cruising industry. >> we went to all the different bars and restaurants. you have some areas for children , and some areas, people are watching, their parents are watching, they can rustle up some alone time, while the kids can do other things, different from other places i know you can take your kids to reach >> there is literally something for everyone. the kids can go crazy and the kids clubs, the parents can have the finest dining they may have never experienced before. the shows are broadway quality. there are spaces for the family to come together and spend time together if that is what they choose to do. there is a ton of flexibility on the ships, that is evident by the profile of the guests that come and sail with us. we are proud of the experiences we deliver. >> i know people are backstage in sort of knowing those

things. you have a close relationship with salesforce, and you have the data. it seems to be, what you have been able to do, if you take a cruise, disney might know some of the things you like to make it more fun. it is just showing up on the ship. they make a very powerful thing about the walt disney company, the information we have across all the segments of the business. we are making sure that we serve our guests in the best way we possibly can. if we know what you like, you will get served that. if we think you might like something across the company or in disney experiences we will guide you that way. >> i know you have been in different parts of business disney, how did you end up at this job? >> first of all, i love my job. i've been with the company 26 years, 27 in a few months. i started at the disneyland resort. i started in finance. the moment i got here, i

realize how special this company was. anytime an opportunity came up, i said, i can do that. i've had a chance to travel around the world, i have lived in asia and have had a chance to read run some of these fun, unmovable experiences. incredibly privileged. >> and told me about why this would-- but what i experience if i went on each floor? i know we looked around, but i want people to understand that there is something for everybody here. there absolutely is something for everyone. by the way, it varies by ship. this is the treasure. this is about adventure. the shows like moana are different and they elicit different feelings. we have marveled dining, and cocoa dining. you are able to have unbelievable food, but

literally get pulled into a story. one of the most powerful things about these ships, and by the way, everything we do with these disney experiences, our cast and crew members, you came across a few of them today, they are best in class in future families, adults, kids have the best experiences they could possibly have. >> where are we headed? what are we going to be doing? >> this ship will be in florida . we will do an eastern caribbean cruise, seven nights and western caribbean cruises. the destinations are beautiful. we have two of our own islands that we take care of our guest at private islands, spectacular. again, great food, great beaches, activities for families. there is a ton to do. >> when i am finished the trip, this is at port canaveral, and then it comes back. am i able to go to asia? what is where else do disney cruises go? >> as we continue to develop

ships, we will look at the globe as an opportunity for us. we have the disney adventure sailing out of singapore. this will give us a chance to address a brand-new market for us. we don't have a theme park in singapore. there are a lot of people, 3.5 billion families, 3 million income qualified families. we think we have a huge opportunity to introduce new fans to disney. these ships are basically brand ambassadors. we are able to tell all of our stories in one place. >> we will do some business, waive season, how are we doing? it doesn't matter. everything matters to bob geiger and how the ompany is doing. >> i will start with fiscal year 2024, 98% occupancy on these ships. coming into and through waive season, already booked at 90% for q2. we can see it in q3 as well, things going very well. the reality is, guess love these

ships. we are feeling very bullish. >> take you so much for showing us around this beautiful ship. we want to wish you the best of luck. chairman of disney experiences for me thank you. we really don't want people to think of feeding food like ours is spoiling their dogs. good, real food is simple. it looks like food,

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south carolina. i wanted to get your thoughts on oscar hill inc.. >> sure, i have to tell you, until i saw that mark bertolini is ceo, i did not have much in store for this, but that is a winner and a hitter. i think this is begging to be-- let take a hard look at it. i'd love to have him on the show. let's go to chad, in new jersey. chad. >> jim, thanks for taking my call. i wanted to get your opinion on a position on a plate that trades 1 to $12. ratio under $10. recently got a prop when david einhorn mentioned it last week at a conference. stock is cnh. >> a second writer, frankly.

this company did not move, not doing that well today. let's go to charles in connecticut. >> hi, thanks for taking my call. i'm retired, many years now. i'm trying to increase my dividend income. i have two questions, i was looking at bts and pfc, and i wanted to get your opinion on both. >> the latter utility, great renown, but the former bts, is a total loser and has been a loser for many, many years. i cannot stand by defect of even thinking that dividend is safe. i used to speak to the company quite a bit. they have not been able to deliver in many quarters. they have earned the appellation loser. let's go to jason in connecticut. >> hey, jim.

we love the show. my kids and i watch every night. hey, wanted to get your thoughts on rocket lab. >> you don't need my thoughts on rocket lab. it is one of those docs people will buy estate love the name and the business. not a bad company by any means. it is up, i like to think that i missed it. i know people can't resist. i don't know how close the moth is to the flame. greg florida. >> jim, how are we doing? i am doing very well . here is the deal, i have owned this stock for a long time, since 2023, of over 1000% right now, i don't plan on selling it. in fact, after today's correction, i plan on buying more. i love what the ceo does, the man, the myth, the legend, the stock is michael strategy. >> msg are, we used to call that mr. mst are. i know that cintron put some

type of short. all i can tell you, bitcoin, that is a winner. and the conclusion of the lightning round! the lightning round is sponsored by charles schwab. coming up, let it snow with snowflake shares surging, good shorts on the stock the right thing for a whiteout? kramer offers his forecast, next. ♪♪ [inner monologue] this is going to sound crazy. but i know these attack vectors.

oh, had a little upgrade have we? ♪♪ okay, so that's how you want to play. ♪♪

this market is really loving the short playbook, we find a heavy, short stock and bet that the company is even slightly better shape than people think. take snowflake which reported last night. snowflake is a rent the runway company with the runway being the a.i. data cloud. you want to consume the cloud without making a huge, spending commitment? do you want to figure out if artificial intelligence is

right for your company? why not try it with this snowflake subscription? yesterday, we learned that major companies are staying with snowflake, rigging growth markets way up. the company has got a strong business and new products are getting traction. it has a partnership with a new a.i. platform heavily backed by eight amazon. that is not the reason why the stock surged 33% today. got a takeover bid. more important, last night looked disappointed, disappointed, and disappointed. to the point where the stock had attracted a quarter of haters, hi, haters people betting heavily against it. they figured snowflake would be beaten by competitors that would take a share. it is the belief that this company could not shoot straight. after last night, we know that is not true. snowflake is doing pretty darn well. no reason to bet against it. which means, short-sellers will buy shares in order to close

out their positions before they lose even more money, and that is how you get that kind of move. these stories are popping up everywhere. last night, we had laura albert on the show and she told a very sob story about her kitchen. yeah, strong margins. lots of better than expected line items. of course, even though there are estimates, the sales are still down. business is not blooming people are looking for sales to be done 3.7%, some as low as 4.8%. in short, better than fear. we call that bts. the furniture business had to be better that is happier sales. when business turned out to be fine, the short thesis, it was at that point, the shorts panicked and wanted to close other positions. unlike longs, if you are a short seller, you can lose a lot more than 100% of your investment if the stock goes up too much. take a look at some of the

short stock that has been going bonkers. karl bohnak, insurance business, lemonade, that wasn't purely from buyers who liked the companies. it was also from short seller that it is a failure. these companies the smelly like roses in order to close out their position. john deere is heavily shorted because there were several reports out saying it would disappoint. the company pointed better than fear set of numbers and a stock word worth $32 took up a lot of other stocks with it. when a company really does stink up the joint, that can be very rewarding for shareholders. the shorts with. is it dangerously asymmetrical game. stocks are only good at zero, but in theory they can climb to infinity. when you are a short stock, you might be at zero, now you have the nightmare of infinity. when the shorts no longer have a leg to stand on, they must become buyers. if you are a shareholder, they

are your worst enemy when talking about a stockholder at zero. once the stock starts soaring, the shorts are your best friend. it is like a rocket fuel and they can't stop, while you just get to go along for the ride. as always, right here shark "mad money," i am jim cramer. see you tomorrow. 'll invest thy or fight each other for a deal.y this is "shark tank." ♪♪ a guilt-free version of a favorite treat. ♪ hi, sharks. my name is gabe wolff. i'm ani blinova, and we're from stamford, connecticut. our company is wink frozen desserts, and we're seeking $300,000 in exchange for 15% equity in our company.