george kurtz, founder and ceo of crowdstrike. k you for being so forthcoming about this whole thing. >> thank you so much, jim. >> excellent. "mad money's" back after the break. >> announcer: coming up, putting the gpu to good u-s-e. ai applications in the real world. next. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> like i said at the top of the show, it finally happened. nvidia disappointed. well, not exactly. they blew away the analyst estimates. but the size of their upside surprise is decreasing. that and the delay of the new iteration of chips disappointed the traders, causing them to sell the stock today. it's still up 37% for the year but it's not as good as it was yesterday. now, all kinds of people coming out of the woodwork and not just knocking nvidia but they're claiming the whole ai theme is kaput. of course that's not how i see it. al

chief executive george kurtz though believes the case lacks merit and has vowed to — quote — defend thestrike's share price to sink 32 percent over nearly two weeks, wiping out $25 billion in market value. let's get you an update from india and softbank backed all electric is looking to make its initial public offering on friday. there is buzz around the listing as this is the first electric vehicle company to go public in the world's third largest automobile market. —— 0la electric. here is our corresponded with more perspective. is our corresponded with more persoective-— perspective. the company is lookinu perspective. the company is looking to — perspective. the company is looking to raise _ perspective. the company is looking to raise 660- - perspective. the company is looking to raise 660- $730. looking to raise 660— $730 million through the anticipated listing. several investors have been big and are expected to make handsome returns. 0la electric is a segment leader and commenced nearly 35% of the country's ev two wheeler market share. it has seen its sales double in the last ye

chief executive george kurtz, though, believes the case lacks merit, and has vowed to "defend the companyearly two weeks, wiping out $25 billion in market value. boeing has appointed a new chief executive, kelly 0rtberg. the former head of aerospace supplier rockwell collins will take over next month. he succeeds dave calhoun, who's stepping down, as boeing struggles to overcome a series of challenges relating to its safety record and supply chains. the announcement came as boeing reported deepening losses in the second quarter of the year, making a net loss of $1.4 billion. the price of freight shipping has doubled in value since may, and some experts are warning that this will have a knock—on effect on consumer products. the world container index, which is published weekly by maritime consultancy drewry and measures the average price of shipping by sea, currently stands at $5,806 — the kind of figure not reached since the end of 2022. live now to stefan legge, economist, st gallen university. the cost of freight shipping has gone up significantly since may. in your opinion, why? economi

. >> george kurtz, i think it was a monumental feat that had so little lost business, but he did thenay, look, later on, we may have to have some incentives. but i think a lot of people felt that crowdstrike was going to lose a lot of business. it is not. >> and he's going to be joining you tonight on "mad money." >> got to get him on. >> okay. >> now, david, where do you want to mention dollar general? >> next, next. we're going to take the pulse of the consumer, jim. best buy, dollar general. >> well, the pulse is good. one place has no pulse and the other has hypertension. ♪♪ [inner monologue] in this gig... you get comfortable being uncomfortable. ♪♪ the enemy is always adapting... deepfake: hey handsome. ♪♪ [inner monologue] ...always iterating. ♪♪ the moment i met him i knew he was my soulmate. "soulmates." soulmate! [giggles] why do you need me? [laughs sarcastically] but then we switched to t-mobile 5g home internet. and now his attention is spent elsewhere. but i'm thinking of her the whole time. that's so much worse. why is that thing in bed with you? this is where it gets t

george kurtz will be on with jim cramer on "mad money" at 6:00 p.m.tern time. >>> coming up, ndivia, massive results and the ramifications the earnings could have on the broader markets. we'll be right back. the moment i met him i knew he was my soulmate. "soulmates." soulmate! [giggles] why do you need me? [laughs sarcastically] but then we switched to t-mobile 5g home internet. and now his attention is spent elsewhere. but i'm thinking of her the whole time. that's so much worse. why is that thing in bed with you? this is where it gets the best signal from the cell tower! i've tried everywhere else in the house! there's always a new excuse. well if we got xfinity you wouldn't have to mess around with the connection. therapy's tough, huh? -mmm. it's like a lot about me. [laughs] a home router should never be a home wrecker. oo this is a good book title. >>> >>> w.e.x. wrap-up, the options market bracing for potentially big swings on the back of in nvidia's results. traders will move 10% in either direction the day after the report. shares are up half

we're going to hear from crowdstrike's ceo, george kurtz tomorrow night on "mad money." >> seema, youwant to. >> can you feel the excitement? we're about 20 minutes away from the biggest reporter of earnings, nvidia, and the broader chip sector trading down. two things we'll be looking for, a window into capex spend for 2025 and beyond, it was written that they are struggling to get overly bullish without guidance on how much the hyper-scalers plan to spend. plus an updated timeline on when nvidia expects blackwell to be shipped out to customers and how the gaming business is holding up. options market predicting a 10% move in either direction, $300 billion move. >> we'll see what happens and we'll see you soon. mike, back to you. to your point, the market is a little on edge. >> just clenching up just a little bit. you didn't get back to the old highs. it's a silly tactical thing, we stopped within less than a percent of the july highs of the s&p 500. there's a leadership transition that seems to be under way. what you have with nvidia is almost the exception to the rule in the secto

i think george kurtz is going to pull back.see a lot of people, companies, leaving the world of crowd strike. >>> next up, glenn and california asks, both presidential candidates have said they want pharmaceutical companies to lower drug prices. how would this effect companies like eli lilly? eli lilly has a gop one drug and has summoned different things that are helped by it that all we need, if you on eli lilly stock, is to get approval from medicaid and a couple healthcare companies and there is nothing in health insurance not able to do anything about it. let's go to game in michigan who asks, with strong earnings, free cash flow, guidance and dividend, it appears to be a strong buy, what are your thoughts? i shared similar sentiments to clump members. i am wondering whether devon might be better. and why i say that is because devon has made a series of -- getting a lot more oil and i think he is doing a good job. next, question from james who asks, what do we do with dell technologies? listen to me, it is michael dell, you

. >> i think george kurtz has really kind of given you a different narrative from what ed bastian fromow george and his team went into every single airline, every customer that was heard and said, let us help you. we want to work with you and we'll do everything we can and ed did not take their email or call. everybody else, the top guy did. so now bastion is saying it's 500 mill and i have not talked to bastion, i'm just saying that what i've learned is that they were intransigent and that let so that crowdstrike couldn't help them. you could say crowdstrike are a bunch of knuckleheads, no. i think it makes it less of a likelihood that delta goes after them for everything and that's one of the reasons i think crowdstrike is down less than other stocks in the sector. >> of course, it got crushed. >> yeah, but it didn't get crushed again because george has indicated that maybe he was more forthcoming and perhaps delta did not avail itself of the remedy and then they hire -- and make a lot of noise, there's $500 million loss and i'm not feeling that good about the case. if i was boise or

. >> weingarten was really slagging george kurtz, who, by the way, has won major races.ou know that. >> you always come back to that. >> because he's in these races. >> nobody cares. >> he doesn't sleep. >> nobody cares. >> he doesn't need sleep, and he's in these races that go for 36 hours. >> that has nothing to do with anything. >> what is this -- what do you want, like, camus? that's a whine. >> that, i'll talk about all day. >> what, the -- >> i want you to have another one of those parties where you serve the camus. >> and we are. but the fifth year is impossible to get. >> we're seeing a distinct rise in interest and customer appreciation says sentinel one. >> if it was as good as tomer said, they should have had better numbers. sorry, tomer. and i like tomer. >> one of the largest electric vehicle makers in the world is byd. a berkshire ownership stake. they own 4.9% of byd. they're making a lot of vehicles. delivered 426,039 fully electric vehicles in the second quarter. that was up 21% from a year earlier. >> yes, yes. >> didn't quite outdo tesla, if you rememb

the stock initially rose, but negative when ceo george kurtz talked about how crowdstrike is thinkingegration with windows to prevent another window. as for results they were beat, as i said but those comparisons do not include the i.t. outage impact. and crowdstrike is cutting the four-year fiscal year guidance, likely due to the revenue outages. and the ceo said to expect headwinds to last the next year. crowdstrike a bunch of other security firms, governmental officials all meet at microsoft headquarters to talk out the next steps of this. we've still got the delta thing lingering over this. >> did they comment on the delta or -- >> no, it was mostly analysts saying what are you doing to prevent this? >> nobody asked them that? >> not specifically. it's mostly how are you guying with customers. what was interesting how defense of defensethe ceo got. and instead of saying what are they argue, and that rattled people. the stock was up nearly 4% and went down 2. >> are analysts not asking about the delta situation because they don't think it has a chance of succeeding? >> i have no id