state for the national championship. >> fire. fire. >> tim? >> buyer of joe, thank you for joining us. great time today. alibaba. it's in the carbed, it's in the tube. >> kenorar, sht tlt. short tlt. >> thanks for watching. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to the san francisco edition of "mad money." i'm trying to help you make money. my job is not just to entertain but to explain. we get positive earnings, good inflation numbers.

then suddenly you end with a fantastic day for the bulls. dow surging. s&p jumping. the nasdaq pole voltaulting. i have to explain to you the concept of beat and raise. they have to raise their forecast. then there are those rare days when it all comes together. we try to figure out why this can't happen all of the time. let's go over what happened today and why stocks roared. first, for two months we heard inflation is raging. when we got the consumer price index numbers, they weine. there were so many people betting that the inflation numbers would be horrific,

leading to rising bond yields, falling stocks. it was almost a gimme when we got an in line inflation reading. when everyone is expecting an overheated number, an inline one equals success. no one doubts inflation is too high. 3.2% is a point higher than we are willing to live with. you could argue it's what decided this election. normally, 4% unemployment and the stock market had the move, but the incumbent is not beatable. i don't want to talk politics. when i saw this morning's earnings and talk to the executives, the banks, there was a sense of optimism. even among those who lean democratic. i biden administration is anti-business. we got news of restrictions on

semiconductors. another surprise, we got restrictions in biotechnical equipment sold to china. i say, what the heck? the clock is ticking, people. you keep throwing incoherent monkey wrenches at business people who tried to play by the rules, which keep changing. they have less than a week left. they are pulling this stuff. i don't think there's anyone on tv tougher on china than i am. i'm not going to throttle our companies with list of who can and can't get semis. we don't do that. we don't pick favorites and tell the ceo of nvidia who they can do business with. totally off the reservation. given this should be a day of celebration of the ownership of equities, i want to talk about obstacles to get to this point. you can profit from owning stocks on a great day like this. for months, the conversation about this market wasn't talking about stocks. it was dominated by the bond

market and fed. when you focus on the macro, you presume ceos are nothing but statues. that is dead wrong. as we saw from the banks today. the smart ones can make a ton of money. i want to urge you not to focus on the fed head gas bags or the economists who prattle on about rate cuts. as long as the fed wants rates to go lower, you are fine. details are not important. it's easy to shoot your mouth off about there stuff, but it doesn't help anyone making good investing decisions, which is what we do. stop being scared by them. they are not there to help you make money. second, profits can make a lot of things work. respect strong profits as they turn into higher stock prices. third, you may think the market has thrived under biden. much came from the magnificent 7. the real issues is, how much

more everything costs than it did four years. if we can beat a rollback inflation and ordinary people will be as optimistic as the ceos are now. see what's going on. trump is not afraid of a photo op with a fossil fuel tech. put it all together. you can see the optimism is contagious. i've been on so many bank conference calls whether positive earnings or downbeat futures. you got some tremendous follow through in the stocks. that follow through may not be over. remember this, the people who chatter about interest rates, they are not your friend. they can shake anyone's confidence. instead, keep your eye on the prize, how management is doing, profits they are ringing up and the belief you can spend money to make money. if you are focused on anything else, your money would be withering in a cd. there's only a couple of great days like this one in any given period of time.

if you are scared out of the stock market, if someone told you to get out now and you listened to them, i can't help you. all the big gains happen on a handful of days around here. this was one of the days. i sure hope you got a piece of it. let's take calls. tyler in california. >> caller: how are you doing? >> you are down the block from me. what's happening? >> what's your take on snapchat with the looming ban of tiktok coming? >> i sure didn't mean to mention snap in the same breath. you want do -- there are so many more companies that are better prepared for this. i wouldn't go with meta. he is jacked and has the guns and it's terrific. he has every box checked. go with meta. i want to speak to cheryl in

louisiana. >> reporter: i want to thank you and your staff for educating us about investing. your lessons have helped me to become financially independent. >> that's what i want. that's why we do the show. thank you. >> caller: my question is about a stock you liked in the natural gas arena, coterra. last week, you said you think that gas will go down to $2 this year. currently, it's doing well with $4. how do you reconcile that? what's your recommendation? should i hold or trim? >> hold. why i just said it could go down is because there could be a lot of people who drill. it's helpful to redeem ssils. it's making a ton of money. it hit a 52-week high. most of the gains come from a handful of days. today was one of the days. i hope you were able to take part.

another slate of exclusive you do not want to miss from utilities to tech. i'm checking in with ceos at sysco and pg&e and the mayor of san francisco. i want you to stay with -- buy, buy, buy. >> don't miss a second of "mad money." follow @jim cramer on x. tweet cramer, #madmentions. send an email. give us a call at 1-800-743-cnbc. miss something, head to madmoney.cnbc.com. (♪♪) the booking app i used

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the wildfires in los angeles, utility stocks have gotten eviscerated even if they have nothing to do with l.a. take pg&e, only operates central and northern california. they have done a lot of work over the years to make their systems fireproof. you heard management say that on our show. yet their stock has tumbled 15%. could this be the buying opportunity we have been waiting for? let's look with the ceo of pg&e. welcome. >> thank you. nice to be with you, as always. welcome to our great san francisco. we are happy to have you. >> i want to give you a chance to speak. i know you understand the problems they have. >> first of all, our hearts go out to all of the victims and the entire community. it's a devastating situation. we are thankful for our first responders who are doing valiant

work. i'm thankful to my crews down in support. we have hundreds of people who traveled to l.a. to support on the build and restoration. >> you have expressed to me that you spent a considerable amount of time considering the notion of fire in your november 7 conference call. you did say, as you know, our stand here is the catastrophic wildfires shall stop. how you can make them stop? >> we can make them stop with technology. we can make them stop with layers of protection. our system has never been safer. our wildfire risk has been reduced over 90%. that's because we do inspections, restorations, rebuilding, hardening of our lines, making sure our equipment is de-energized when it's in high risk fire situations. this wildfire season, this last 12 months has been significant.

fires of over ten acres are up one and a halftimes times and have had zero structures damaged as a result of pg&e safety measures. i'm proud of the team. there's more to do. we're not satisfied. what's important for investors to understand is that there's a wildfire fund that's designed to protect both victims and -- of the damage as well as investors in utilities. california has a model. our policymakers put into place a model that is the envy of the nation. every other state is looking at how can we replicate the california protections for both victims and investors? >> you expressed that when we saw you when the stock was in the low teens. it was rather remarkable. i was skeptical. you made me a believer. i do want to ask in terms of the technology, we have been out to see nvidia.

the way that you can spot the hot spots and get to them ahead of time is here. do you use that technology in. >> we use ai-enabled cameras that identify where an ignition occurred. in fact, cal fire chief was testifying to the state legislature and talked about 200 occasions on which those cameras notified first responders instan tanously. there was never a 911 call. the only way they knew is because the ai-enabled fires, who can see the difference between fog and smoke, can get first responders on the job instantaneously. it's a huge enabler to safety. >> i want people to understand you have been a visionary. when i met you, you talked about how we are out of power. we need nuclear power. people felt it was the wrong way to go. you were correct in that. what's going to happen in terms of the power generation we need for the data centers? >> i think first of all, we have

to utilize existing assets best and most efficiently. our nuclear power plant, exand it -- extending the life of it. >> that was so smart. you knew. you knew we were going to need it. >> dabble canyon provides essential power. carbon, greenhouse gas free gas for california. we have new technology to optimize the utilization on the grid. some people worry evs will strain the grid combined with the data centers. that's the light at the end of the tunnel. we can finally bend the cost curve and start to stabilize costs -- energy costs for customers by leveraging new load, new customers, grow demand for electricity in america, grow demand for electricity in california. help customers have more affordable access to energy. >> do i have to worry about the at the money offering you are doing?

i think it's great you want to raise money. you have more demand than any utility. has that hurt the stock? is it just guilt by association, which is wrong? >> i think investors are worried about the longevity of this fund and what i think -- it's very important for investors to know, capital is essential for rebuilding california. california has gone through crises before and has always risen to the case and to the cause. our policymakers know that we need to have healthy investor-owned utilities in california to enable clean energy transition. i have confidence in our policymakers if a change is needed to this construct, it there's an improvement that's required. they will step up to make sure that our state is open for business and that we will overcome this most recent challenge. california always does. >> i have confidence in you. you have been true to your word the whole way, which is

wonderful. we don't have many ceos like you on this show. yes, indeed, i think it's a buy. stay with cramer. ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ at state street, we know everyone's trying to get somewhere.

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focused on the jp morgan healthcare conference, we took a trip for the ai summit. i had a chance to speak with the chairman of sysco along with the evp and chief product officer. look at this launch. we are at the ai summit. i'm chilled. you are talking about a lot of companies, even after all the hacks, that are unready. how is that possible? >> thanks for being here today. we are excited. we have a great agenda of the who is who in the ai industry. we have over 100 customers. we kept it intimate. probably 40% of the fortune 100 are here. we are excited about it. this is actually a big announcement in the space. we think the advent of ai will exacerbate the cybersecurity issues. they have done an amazing job of building this first wave of security products. it's going to be a big day.

>> great to meet you. >> likewise. >> when i read who is at the conference and then what i know -- let's just say the prc, the chinese are doing, i feel like they are ahead of us. you have chasers, followers and laggards. three groups that are just ripe for the picking. >> the thing is, there's only two kinds of companies in the future in the world. one is folks that are good at ai. know how to make good use of it. the second class is the ones that will struggle for relevance. the first class, the great ones, they want to move forward, but they get held back by this ai safety and security quite a bit. there's a common interest right now in say, what do we need to do to make sure we don't trade off safety and security for speed? we need to make sure we have both. >> when i see the client list here, people who are speaking, i see the banks.

it makes me worried. that's where our money is. i always fear i could wake up and the money is gone. how do you make it so that -- what are you doing and talking about that we can't make this happen. >> it should make you feel better that they are here. >> true. they will know more. are we okay? >> i think there's always going to be risks that you have in security. you always have to stay paranoid. if you think about what's happening right now, the architecture of how applications are getting built is changing. if you think about models, they have this characteristic of being non-deterministic. they are unpredictable. you got to make sure you ensure that there's guardrails around that so the applications you build in the next era are predictable and that a bank doesn't have a surprise that happens or a manufacturing company doesn't have a surprise that they didn't want as a result of ai. that's what we do is we are

launching a product around safety and security to make sure the guardrails are enforced. >> if you think about it, one of the big things is we're moving from the models consuming all this public data and moving the models into the enterprise and taking advantage of a larger data set, which is what exists in the enterprise. this is timely because that's where this will be more important. >> you uniquely understand the role of the enterprise. that's been your strength. can you do something that i have hoped would happen? the enterprise has a mixture of humans and -- make it so people -- the machines are really good and can help the humans be better? >> go ahead. >> if you think about it the workforce composition will change over the course of the next few years. 100% of the workforce is humans. in the future, you will have agents, applications, robots,

humanoids. when that happens, the security risks get refactored. >> my worry is that they may -- "they," the people who went in, they have access to anything. they have great robots. they have great ai. how are you ahead of them? >> that's why this is so important. to add on what he was talking about, then we will jump to that. i think about this. there's a debate around replacing people versus augmenting people. >> your business roundtable had it. we know it's with the new administration. >> i think the way the ceos that i know so well are thinking about this, it's going to make us more productive and give us the ability to move faster. that's what this is going to boil down to. on the security front, this has existed forever. if you go back to the '90s when every enterprise was an island, we had viruses and those things. fast forward, then the internet explode. you had cloud.

then you have tir virtualized building across the internet. this is a step level increase. i think that's why it's so important for us and other security companies to be ahead of this thing and to partner. i firmly believe that the security industry has to partner together more effectively than we have in the past to help keep our customers safe. >> it's interesting when you bought splunk. you told me you would have a holistic, unified approach that the clients would love. i think a lot of people are saying, how can it work out? it's a testament to who is here. it's a testament you are on the 52-week high list. it was a great acquisition. >> e feel good about that. we will talk about its performance on our earnings call. i think that we have talked about it. other security companies, we

have talked about the only way we will protect our customers is if we share real time threat intelligence real time. so we can correlate what's going on. something they are seeing and something we are seeing might help us resolve the problem as opposed to us seeing what we see, they see what they see. i believe this is important for the future. >> it's highly unusual. we are talking about a competitive individual at palo alto. it must be a crisis if mortal combat companies are getting together to help -- >> the true enemy is not the competitor. it's the adversary. if you can make sure that as a community we all band together, we will be able to beat the adversary. it's clear who is good and who is bad. >> i don't think it came out believing there's a crisis. there are issues. we were speaking at an event a year ago. we just started having -- we are friends. >> i know. >> we interact. we started talking about the

industry. we both agreed this is the only way we will solve it. >> one last question for your business roundtable. there's a level of optimism and constructive thinking that i know i myself and i think jay powell are kind of surprised by. what is happening in the country that there's a cloud that has lifted? i'm speaking to democrats. i'm speaking to democrats. >> you are speaking to business people. i think that's the issue. regardless of what you are, the reality is, the incoming administration is very pro-business. they are focused on delivering next generation tax reform. they are focused on solving immigration issues, the border as well as the h1b issue. we need to work on trade and tariffs. that's a big part of what they are thinking about. bring manufacturing back to the u.s. >> we have a low unemployment rate. the stock market went up. these are things that we would say were signs of a successful

administration. it was almost in spite of the government. >> i think when you look at areas like permitting reform and other things like that and some of the -- certainly, some of the regulatory that we face and the tough stance taken on m & a that you have talked about, those we would expect will free up and will make business more effective. >> i want to thank you for having us. the 2024 ai readiness index that you put together, 29% of the survey feel fully equipped. i feel better that everybody is here. thank you so much. great to meet you. chuck rob bins, chair and ceo o sysco.

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while we are out here in san francisco, we have to check in with heavy hitters like arm holdings, the huge semiconductor describe outlet. they have been one of the great producers. just in january, arm has shot from 123 to 147. a 5% gain today alone. is it time to get excited about this one again? let's check in with the ceo and find out. welcome back. >> thank you. >> a lot of people tell me, why are you backing a cpu? i said there are no gpus without cpus. >> i have never seen a gpu without a cpu in a system.

>> nvidia, i'm sorry. >> i have seen cpus stand by themselves. the cpu is fundamental to just about every digital device you can imagine, whether your automobile, your ring camera, your iphone, android phone. you have to have cpus. they run a lot of workloads. we are happy to combine with any accelerator. >> we listen to nvidia. okay, i have to be in his kinds of chip. his chip doesn't ship without your kind of chip. >> absolutely. there was cool announcements they made. one of them was digits as he called it, which is an ai minicomputer. a blackwell gpu where you can run ai on your desk-top. a good example of what you can get in terms of the arm cpu along with a gpu from nvidia. >> i did not know that. i think that when i aid there

are a lot of people who think -- i have some knowledge. but people see -- i don't think you can outrun the cellphone industry. it doesn't need to outrun the cellphone industry. that's the old arm. >> we have expanded our business so much over the last decade, whether the data center, automobiles. security devices. we estimate 70% of the arm of the world's population uses arm in some way, shape or orm. last year, over 30 billion arm cores shipped. it's a gigantic number. 200 million laptops ship a year. if you have 30 billion arm cpus, you are in other places besides phones and pcsd in them. >> i think the new pcs coming out are really great on battery life that are arm based. you will see more of that over the upcoming years. there's a lot of rumors about

new suppliers getting into the market. the arm-based ai pcs are about super snappy performance. multiple days of battery life. that's really the game changer for anything arm based. we have seen that with the apple ecosystem. that's coming to windows, which will be great for conconsumers. >> we hear cellphones are selling. i'm not sure. there was a critic of apple -- i don't catch joe regularly, but negative about apple. it made me think, maybe growth is stunted here. when i talk to you, i feel good about the growth of the industry. >> mobile phone has segmented. what you see is now the premium segment where people don't upgrade as often. when they do, those are phones they upgrade to are more expensive. what we see is people holding on to their phones longer. when they upgrade, it's premium phones. why? they want to run the latest apps, games, ai.

the premium mium segment is doi well. premium phones are a lot of profit for the mobile phone guys. good for arm because we derive most of our revenue from the high end. we are pleased with the growth. >> good. we need that to be strong. we also need to have a strong competitor, intel. when i look at the balance sheet, i am concerned. we can't have intel go down. >> it's a tough thing. the change that took place in the executive management -- >> not well handled. >> of course, intel being critical to u.s. manufacturing. we have a new administration coming in. chips act was something that -- some ebate how successful that was or popular that was. it will be interesting to see what the new administration does. whether it's intel or anyone else, it's super critical for us.

>> china, we know that -- we don't want to give china the latest and greatest. but re we punishing companies? nvidia put out a list of 18 countries that nvidia can do business with and not a lot with the others. do you think that stands with the next administration? >> i don't want to opine on the politics. i will say that all these regulations coming this at the 11th hour of the exiting administration, i think the new administration will take a fresh look. we comply with everything. these regulations, they don't hit us too badly. more importantly, we will see what happens in the next few weeks. i would not be surprised to see some of these things change. >> you and me neither. i will say that i do think that there was -- we are doing a lot on ai. it looks constructive. you are deeply involved. >> arm is everywhere. one of the things i like to say is you can't run an ai workload without arm. i think that will increase over the next coming years.

what's happening is the large language models move from big cloud to your phone, your camera, they need to run in a low power environment. we see that happen today. when you think about security and things of that nature, it's going to run on arm. >> do you think people are getting the message -- you and i were on, i saw the stock down seven. i said, that's ridiculous. do you think people are starting to realize you are not a cellphone provider but you are pervasive in everything? >> i believe that we are doing a better job. it's something we can get improvement on in terms of telling the message. i would like to think so. it's something we spent a lot of time and energy on since we have gone public. since i game became ceo, tellin story. i think it's a wonderful story. >> you are a great spokesperson for a terrific company. >> you are very kind. >> "mad money" is back after the break.

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ever. (♪♪) say it all with irresistibly touchable skin. get in touch. gold bond. it is time. it's time for the lightning round. when you hear this sound, the lightning round is over. are you ready? start with mark in new jersey. >> caller: hi. thank you for having me on your show. >> you are welcome. >> caller: calling about a company, a biotech company. they have the first oral

alzheimer's disease. they got published. >> okay. what's the stock? >> caller: it's anavex life science. >> there's nothing tougher than the brain. it's a good spec. understand, it is a spec. david in california. >> caller: wanted to say thank you for all the hard work and making it fun and interesting over the course of the years. appreciate it. >> this staff makes it happen for me. that's why we can do it. how can i help? >> caller: i have a question about sarepta therapeutics. they exceeded expectations last year. reiterated through this year. the price action was a bit confusing. >> you are right.

the rna base therapeutic companies are not doing well. i wonder if this is a reverse halo affect. i agree. it's troubling. i don't want to be there. paul in colorado. >> caller: thanks for take mig call. >> absolutely. >> caller: i love your enthusiasm on "squawk box." >> thank you. i get a little fired up now and then. >> caller: the dog has some fight. >> why not? yes. >> caller: last year, i bought viking therapeutics. thinking it was a great price and as high as $90 a few months prior to that. dr. cramer, i need a prescription. do you buy more at this price now or do i hold on to what i have or sell what i have? >> i want you to sell viking therapeutics and roll it into

viking holdings, a fantastic cruise line. does not lower your blood pressure. doesn't make you lighter, but you will have a good time. go to billy in connecticut. >> caller: happy new year. >> same. >> caller: i don't even know when you should stop saying that. a question for another day. theo suggested i buy rig. >> i don't dig big. they are not as good as sob. i will take a big pass on your stock. grant in new mexico. >> caller: this is grant calling from santa fe. >> i love santa fe. >> caller: i've a club member. >> thank you. >> caller: you are welcome. jim, before i joined the club, i

was lost in a sea of too much information and a lack of knowledge. thanks to you and your team, i have been able to make sound decisions based on your rules for investing and the relevant information that you and your team provide every day. >> thank you, buddy. >> caller: you are welcome, sir. i could not have made these gains without you. i really appreciate your daily bulletins and morning meeting. >> jeff makes and ben make it work. the team does a great job. how can i help you? >> caller: today i have 13 stocks in my portfolio. two of them have been losers lately. i would like to make room for a winner. i would like to eliminate one of them. i could either lower my cost basis with dupont and buy more. >> okay. >> caller: what is the stock

we're referring to? it's dupont. >> hold on to dupont. it's cheap versus the rest of the group. that's the conclusion of the lightning round. >> the lightning round is sponsored by charles schwab. knock, knock. #1 broker here for the #1 hit maker. thanks for swingin' by, carl. no problem. so, what are all of those for? ah, this one lets me adjust the bass. add more guitar. maybe some drums. wow, so many choices. yeah. like schwab. i can get full-service wealth management, advice, invest on my own, and trade on thinkorswim. you know carl is the only frontman you need... oh i gotta take this carl, it's schwab. ♪ schwaaaab! ♪ have a choice in how you invest with schwab.

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i ile we are out here in sa francisco, i can't resist the opportunity to speak to the new mayor. he wast n . he is trying to bring back this city, one of the greatest cities on earth. ousted the incumbent, promising to address fentanyl, homelessness, crime.

he wants to stop the outflow of business and bring in new ones. what's the plan to turn things around? let's dig deeper with the 46th mayor of the city. welcome to "mad money." >> it's great to be here. welcome to the greatest city on the planet. you know this. >> i love it here. >> thank you for being here and thank you for having me. >> i love it here. i need to know what your plan is. >> public safety. nothing else matters if people don't feel safe. the statistics are getting better. >> already? >> already. a statistic is not a feeling. we have to make sure people feel safe. we have to go after the fentanyl crisis. i came from a meeting with all of our law enforcement officials who are committed to working together to make sure we get people off the street and into mental health beds, drug treatment beds. we are going to do that. we will create conditions for business leaders to want to come back here. it's not my job to tell business

leaders, you have to be in the office five days a week. it's my job to create the conditions so that they want to. look how beautiful it is. it's 60 degrees here in san francisco today. it's 30 in new york city. >> don't tell me. we love it here. when newsom was mayor, san francisco had 2,500 police. now it's less than 1,400. how important is it to refund the police? >> we have to fully staff our police department. it's around 1,400. we should be at 2,000 officers. i ran on that. i won with a mandate. fully staff police. sheriff's department. 911 dispatch office. absolutely essential. what we are seeing with the jp morgan health care conference, that's why you are out here, people are seeing law enforcement. they feel safe. the energy is electric out here in san francisco right now. >> this weekend, i went to union square. i stopped going. even from the days -- i love it.

i went this time. the police presence there is remarkable. i felt very safe. >> we committed to the healthcare conference we would take care of people. the awful tragedy in new york city put everybody on edge. we have stepped up our law enforcement. i went out there sunday afternoon, sunday night, monday morning. making sure everything is just right. >> you went? >> i'm calling department heads every few hours. i called seven department heads on sunday and said, we have to make sure san francisco is showing off. we are. i sat down with the head of jp morgan. my message to him and every business leader and viewer, san francisco is open for business. no better place to do business in the country than san francisco. >> i still see more signs with two words, for lease, than i

have. you are a business person. how do we get that square footage taken? >> you are right. we have work to do. we are clear-eyed about that. that's where it's public safety. it's getting people off the street. we do that, people will come roaring back. we are the home of innovation. you know this. more venture capital funding here. more business starts here. it all starts in san francisco. it will again. we have fallen down over the last few years. we have neglected the important work. it's a new day in san francisco. we welcome you all back. >> do you have the money to hire all those police officers? >> yes. we do. we have a $16 billion budget. we are facing a nearly $1 billion budget deficit. we are going to ask department heads -- i did this on day one. we have a hiring freeze but not around law enforcement, not around public health. we are going to make sure that we cut the least effective programs. we have to spend our dollars

more effectively, more efficiently. no one can tell me that we need $16 billion in terms of public safety dollars. we have the money. we will hire those police officers. >> excellent. we have been thinking you like to come -- we are thinking maybe you can make the city of robots, the city where you know the next generation ai, this is where you find the talent. you have the schools for it. >> we are the home of ai. we are going to lean into that. we just have to embrace what we do best. we got cal, stanford, ucsf. we have the greatest arts organizations as well here. >> you do. >> we have it all. we just have to do the basics. common sense is going to rule the day here in san francisco. i'm telling you, business is going to come flooding back. >> i was there when mayor

bloomberg turned around new york city. he was everywhere. he was at every gathering, every charity. he was there to be seen and talked to. can you do that? do you have the energy? >> yes, i do. i was at four events last night, including a basketball game at chase center. i went to two jp morgan after-hour parties. i went to the keynote. you are never going to see a mayor of san francisco work more tirelessly than me. i got the energy. i'm already one week in, i love this job. >> i like this. bristo bristol-meyers told me that the anti-schizophrenia could be a godsend for cities. so many get kicked out of their home. you have the bridge. you can talk to this man. >> this is not just about law enforcement. this is about public health. we have to get people the help that they need. if we can do it with the biotech companies and healthcare

companies that are here, absolutely. we gotta investigate every way to get people the help they need. >> including -- can the state help? >> absolutely, the state can help and federal government can help. we are going to partner with anyone willing to help turn around a great american city. when we are at our best, this is the greatest city in the world. we know this. >> i know that even in the last -- in the last six month people are pulling out. is there someone you can reclaim? go to wells fargo, put more of a presence here. >> i'm talking to the head of blackstone in person. >> he knows more about real estate than anybody. nail him. >> he is coming to city hall. i'm going to new york. sorry, new york, i'm coming out, recruiting companies back. i'm going to miami. i'm going to austin. you know you want to be back in san francisco. yes, we can do this. not only can we do it, we are going to. >> i don't want to be the mayor of miami. i don't want to be a mayor of

new york if you are coming to get us. can you detect the energy? i sure can. thank you so much. >> thanks for having me. >> i like to say there's always a bull market somewhere. i will find it for you right here on "mad money." i will see you tomorrow. narrator: tonight on "shark tank"... who's ready to become... all: legendary! putting on sheets is now... both: fast, easy, neat! can you do this with the dog? can you carry it with this? no, no. [ laughter ] what have you sold? no revenue. oh, my god. how do i make money? gassen: i sat the kids down. i said, "no more eating out. no more clothes for two years. no more nothing." unbelievable. the future of your company is truly in the balance right now. i think i've taken this business as far as i can really take it. duane: let's come together. we came here to do business with the great whites. daymond: no way in the world you thought you were coming in here and getting a deal. ♪♪ ♪♪