"mad money" the jim cramer starts right now >>> 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 and i promise to help you find it. "mad money" starts now. >> hey, i'm cramer welcome to "mad money. welcome to cramerica other people want to make friends, i'm trying to save you money. my job is to educate and entertain and put today's like today in context call me or tweet me @jimcramer good-bye september yeah, we had a rough month september's reputation is the worst month on average every year but now it's coming to an end and all i can say is good riddance after one more ugly session. dow sinking 500 points and s&p and nasdaq falling 1.51% what went wrong? put simply, the economy was too darn hot unfortunately, it remains that way. even though commodity inflation is largely under control, we have to solve the whf burden not that old pandemic from home. going forward, wfh, will stand for wages, food and housing. because those are the areas with the most persistent inflation. the fed must hang these and the

last night on "mad money" with jim cramer fed ex's ceo called himself very disappointed in the company's is talking to jim about that weakness in asia. >> asia is the central manufacturing in the world. >> right >> so when you see these things happen, i feel it's leading indicator of something more profound we are the bigger things in asia >> i guess the question of shutdowns, whether they continue or not, wlrhether it spreads an then what he expects and the rest of the universe other shipping stocks are down ups off by 6%. xpo logistics down 5.5%. amazon is down 2.6%. right now we want to get over to dominic chu. he has a look at the key stocks also on the move ahead of the opening belle. dom, what are you looking at now? there's a theme, becky a big theme of the morning, transportation on the passenger transportation side of things we're looking at shares of jetblue which are down by the specific headlines out of the low-cost airline it is raising its metric that revenue per seat mile is coming up 22 to 24%. it is estimated 19 to 23% higher before it does though, expect higher cost for

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jim cramer , is my portfolio diversified?this young gentleman is as a private are clearly to the club. he's a member of the cnbc investing club point you know how i know that? these are all of our stocks and i love them. the yield and dividend going higher. amazon just bought some more for the travel trust appeared you would know that if you are the member of the club. we got such a big gain but it still has amicably high yields. jennifer wells fargo, as interest rates go higher on the jordan, he is going to make a fortune on your account. we've got a bank, we got an oil, without a retailer/web services, you've got a great comedy and an auto. and that, my friends, is how you play "am i diversified?" . now we're going to go to florida. hey, jim, thank you so much for taking my call. i really appreciate it. i just wanted you to know i've been watching you since the days of kudlow and cramer. thank you, thank you, thank you for all that you do for all is out there. my top five holdings are pepsico, apsley amazon, google, and you

i'm jim cramer see you tomorrow "the news with shepard smith" starts now i'm jim cramer see you tomorrowsmith" starts now >>> hurricane ian comes ashore as one of the strongest storms to hit the u.s. in decades the strongest ever on the southwest florida coast leaving residents stranded in homes with nobody to rescue them. we're tracking where the massive storm is now and where it's headed in live news team coverage across the battered region i'm shepard smith. this is "the news" on cnbc >>> hurricane ian is now

. >>> history not repeating itself ceo telling jim cramer the market is not like past selloffs >>> shares of nike crushed following quarterly results as they reveal a massive oversupply problem. >>> hitting the pause on hiring amid growing pressure. >>> the race is on for congress to finish a deal to fund the government with hours to go until a shutdown takes effect. it is friday, september 30th you are watching "worldwide exchange" on cnbc. >>> good morning i'm frank holland in for brian sullivan let's kickoff the check of the markets and money. stock futures in the green across the board dow could open at 200 higher the s&p and nasdaq higher as well stocks after a selloff on thursday with the s&p hitting a new low. all three indices falling 1% to 3% apple shedding 5% of reports after decline of products. specifically the iphone 14 and the downgrade by bank of america. look at mega cap tech stocks here you are seeing meta as we mentioned with hiring cuts down 1.5% microsoft in the green amazon up. also, check on the bond market yields are falling a bit weaker dollar is helping the 10-yea

. >> what is what jim cramer said. he spoken with 24 executives recently and said every one of them had an easier time. it is a huge concern for jay powell and the fed >> that's the crack. you are seeing it from ceos. new york in the last 48 hours. same narrative >> layoffs you heaare hearing wh banks and ford >>> when we come back, the big headlines from the capitol hill hearings with the ceos of the nation's biggest banks. >>> first, reminder. you can join us at the delivering alpha the powerful investment event of the year will return in-person in new york. next wednesday, september 28th if you like to attend, scan the qr code that we will show you at the bottom of the screen in just a moment or go to deli deliver deliveringalpha.com to register. stay tuned this is cnbc ♪ ♪ ♪ ♪ ♪ ♪ it takes a village to support society and businesses have a responsibility to support that village. ♪ ♪ i am peter akwaboah, chief operating officer for technology, operations and firm resilience. when you think about diversity, the emplo

the stock now down they were going to increase production a lot of congesjecture over increase >> jim cramer was talking about morgan stanley the stock was down 4% yesterday. when it closed down less than 2%, it showed improvement during the day. >> it has been -- you know, compared to meta or microsoft, apple is the true horse. >>> when we come back this morning, a big warning from cnbc's delivering alpha con fr ference of a hard landing. >>> and don't miss the cleveland fed president irealottmester interview. you are watching "squawk box" and this is cnbc >> announcer: this cnbc program is response orred by baird visit bairddifference.com. lily! welcome to our third bark-ery. oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect. terrier-iffic i labra-dore you round of a-paws at&t 5g is fast, reliable and secure for

tweet cramer #madtweets send jim an e-mail to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. - oh, the stock market is doing that fun thing again. - hey news from the future, you're going to live through that about 10 more times. (laughs) - oh, it's no stress. i just discovered yieldstreet. they vet investments that don't ride the stock market rollercoaster. - ooh. i think some of my gray hairs just reversed. - yeah. you're welcome. - [narrator] become an investor today. yieldstreet: private market investing. is. >>> now that yesterday's unlikely rally's been repealed we're back in no man's lapped, totally hostage to the federal reserve. even though stocks have already come down dramatically, there's no particularly compelling reason to stick your neck out and get bullish yet. sure it's a time when we can use some direction which bricks me to morgan stanley the best in breed investment bank that we own for our charitable trust i've liked this one for a long, long time because it's made a gigantic pi

"mad money" the jim cramer starts right now >>> my mission is simple, to make you money i'm here to levelg field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. >> hey, i'm cramer welcome to "mad money. welcome to cramerica other people want to make friends, i'm trying to save you money. my job is to educate and entertain and put today's like today in context call me or tweet me @jimcramer

i'm jim cramer see you tomorrow "the news with shepard smith" starts now i'm jim cramer see you tomorrow "the news with shepard smith" starts now >>> hurricane ian comes ashore as one of the strongest storms to hit the u.s. in decades the strongest ever on the southwest florida coast leaving residents stranded in homes with nobody to rescue them. we're tracking where the massive storm is now and where it's headed in live news team coverage across the battered region i'm shepard smith. this is "the news" on cnbc >>> hurricane ian is now making landfall with winds of 155 miles per hour that is just shy of a category 5. >> the storm is incredibly dangerous, life threatening. >> this may be the best de depiction i have ever seen of what storm surge actually looks and feels like. >> wild and crazy right now. didn't expect it to be this bad here. >> we're getting hammered right now. these are some of the strongest winds that we've seen. >> three hours earlier there were cars lined up on the right and cars lined up on the left. now look at it. >> the storm is doing a number on the state of flor

i want to get down to the new york stock exchange where our good friend jim cramer joins us now. had to say and also charlie evans, i don't know if it's right or wrong given the credibility and where the fed is headed and perhaps they may ease up faster than we think? >> you know what i thought that interview was telling. of course, telling she's been right, by the way, on energy you know what, andrew, i think they need to see unemployment go up if they do, she'll be right. they don't care that most commodities are in deflation mode he wants to see housing down rent was down. i still don't think it's a victory. and i think when he says more pain, he's jawboning i think he can take it to 4.75 andrew, who borrowed money to buy that piece of paper? because whoever did is just crushed. i would like to know about that. leveraged loans. there's a couple out there but the amount of negativity does not add up. when i was out on the west coast, people are doing okay but the dollar is going nuts they're all worried about that i don't know i thought kathy woods, she's always pretty bullish,

"mad money" with jim cramer starts right now >> this is a paid advertisement for csn. >> you know, theof upside down right now. at least from a metals standpoint. well, from a lot of standpoints, but metals. we are in, you know, kind of uneasy times -- i guess that's the best way to put it -- in so many different ways. and usually in these times, times of whatever, you have gold and silver has absolutely, positively skyrocketed.

will take time for that to work its way through. >> hey barry, did you have a chance to hear what jim cramerrned about the labor market than cameron and probably closer to jim's point of view. from a labor market, slack starting to loosen perspective labor force participation is back to pre-pandemic trends but i think productivity is much stronger than -- on an underlying basis than most people think and that will ultimately create some relief there. what i'm particularly concerned about, from a sticky inflation perspective is healthcare inflation, education inflation, all the policy-related stuff for those that didn't see the fourth paper presented at jackson hole, skip the math, but go read it it basically asserts that without debt sustainability, without the fiscal authorities pushing in the same direction as the fed, they're unlikely to be successful or the costs of the fed resolving the problem will be too high or prohibitive so -- but i agree with jim and from a sentiment perspective, i just spent a couple days in boston you can use your imagination on who i might have been talking to,

. >> all right, that does it for options action mad money with jim cramer starts right now. - [presenterg is a paid advertisement for plexaderm skincare. watch this, it's all 100% real. witness what happens to this woman's bags under her eyes in an actual time lapse in just minutes. nothing has been doctored or tampered with. the very real problem will disappear before your eyes and hers with a revolutionary topical formulation that works in just minutes and the effects will last for hours and hours. over one million people are successfully using this topical technique to visually reduce puffiness and bags. it works on sagging jowls, even fine lines and wrinkles on the face and forehead.

and i think that's good. >> jim cramer on the west coast this morning >>> don chew joins us.ower. i don't think the bike gets as much as it should, andrew. >> 3,200 bucks is a lot. >> had it's more than the bike here's what i would say. if you're into rowing, i don't know -- i haven't seen it, so i can't make an educated judgment about what the product looks like but i will say this. the bike we have is great. it's awesome i don't think it gets as much use as it should >> move all the clothes that's hanging on it. >> listen, i will also say, joe, i'm not -- look at me. i'm not the one who primarily uses that bike >> rowing is unpleasant the ski thing is unpleasant. it's all unpleasant, though. i was thinking of the rower. no, i don't like that. i just don't like exercise >> i would rather walk on a golf course >> yeah. that walk spoiled. it can be. >> it is, joe. movers-wise, big move in shares of what's happening with change health care. up 7% right now. a lot of volume picking up in the premarket. the health technology company had at one point been the subject of a doj inqu

i'm jim cramer see you monday from san francisco.llegations of war crimes in the wake of a russian retreat. i'm tyler mathisen in for shepard smith. this is "the news with shepard smith" on cnbc another mass burial discovery in ukraine. >> this is part of an ongoing story. >> hundreds of graves recovered after a russian retreat. now the quest to document war crimes >>> they're a political football in immigration polpolicy now, dozens of migrants flown to martha's

when you have a pull back in growth and that's what fedex said, that's what jim cramer asked raj said, he said i think we are going into a recession. that's what this felt like, a week where not only were we affirming global growth has been slowing down, how about adobe? they lost 20 billion it was an acquisition that they announced but also a terrible guide by one of the companies that has been so cash flow accretive. i think this week we kind of moved down the progression of what's been going on. >> one thing d adobe, that was offense and defense. it was keeping figma away from salesforce and microsoft one thing back to fedex, you're in the camp that it's a macro problem, not a fedex problem >> i think both. i think fedex underperformed in terms of their gross margin so long they talked about global growth. they talked about europe they talked about asia they talked about also cost side this is where they have been terribly inefficient this draws a bright light on the companies not doing this we will talk about those companies delivering and delivering free cash flow. fedex is not o

. >>> still to come this morning, jim cramer we will check in on him at the nyse first, as we head tost premarket winners and losers in the s&p right now, vulcan in the s&p right now, vulcan materials leading the way up b only at vanguard, you're more than just one and a third. we got this, babe. that means that your dreams are ours too. and our financial planning tools can help you reach them. that's the value of ownership. this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay. power e*trade's easy-to-use tools like dynamic charting and risk-reward analysis help make trading feel effortless and its customizable scans with social sentiment help you find and unlock opportunities in the market with powerful, easy-to-use tools power e*trade makes complex tr

want to get down to the new york stock exchange jim cramer joins us this morning. ads is going to impact things, impact the markets and also want to hear your thoughts on how much you've had an opportunity to hear barry sternlicht with some pretty provocative ideas about what the fed should or should not be doing and where the economy really is. >> well, listen to every minute of barry barry knows a great deal he's a frequent guest on "mad money. rails are 30% of commerce. i'm very worried about commerce in general and the commerce slowdown i think it would be terrible if the rails shut down. you've seen what's happened in our country years ago when they do i know that the job issues are really much more about the things that starbucks which ai ailes. >> a lot of collateral damage.b, becky was the one who made the point, is making a sort of, you have no idea kind of -- you have no idea, i'm channeling you, jim, from 2007, it's sort of a, you have no idea how bad it really is out there kind of perspective. right? >> i didn't like what -- i mean, look, i like barry's

this is ge profile. >>> want to get out to the west coast this morning where jim cramer has a great view, sir. >> so good to see you, andrew. i miss you >> we do, too. we're trying to understand what to think, though, of another morning with a lot of red on the screen, and we're going to be hearing from the fed later >> i think it's just completely an adjustment again versus the two-year if the two-year goes over 4%, people sell tech it's interesting because the only news we have today is auto zone, and it's good. it would seem to believe there are more say used cars, which would therefore kee pressure off the fed, but it just doesn't matter. we rare in a moment where stocks are going lower and they're going lower maybe through this month simply because we're trying to adjust for what a stock is worth versus a very simple terrific piece of paper, 4% over the next two years >> does that mean this is a buying opportunity we heard from thomas peterffy, he thinks this is going to continue he thinks it's going to go lower. in which case, maybe that's a good time to do the opposite, or no >> y

.:0 "mad money with jim cramer" starts now. >>> my mission is simple, to make you money i'm here to level the playing field for all invest to investos there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to a special san francisco edition of cramerica other people want to make friends, i'm just trying to save you some money my job to entertain but put this in context call me or tweet me @jimcramer look, the market got crushed today. the dow tumbling and s&p tumbling and nasdaq nosediving 1.79%. why? another 75 basis point rate hike from the fed jay powell is more or less saying he'll do whatever it takes to beat inflation. we'll be done when we are done it's going to cause some pain in your pocket but until the help wanted signs come down, until savings are diminished and housing prices cool and supply and demand get in balance, he fears correctly, i think, that we will be ravaged down the road it's kind of pay now or never. those words may sound harsh, but they'll be soothing later on we don't kno

"mad money" with jim cramer starts right now >> my mission is simple. to make you money.bull market somewhere. and i promise to help you find it "mad money" starts now >> hey, i'm cramer welcome to "mad money. welcome to cramerica other people want to make friends. i just want to try to save you some money my job is not just to entertain but to educate, put it in context. so call me at 1-800-743-cnbc or tweet yes @jimcramer

when we come back, we have jim cramer's first take on the brand-new inflation data and first, throughoutibutors and here's cnbc contributor, maria bowden. >> being a hispanic immigrant has shaped nearly everything i've done to get to where i am now. my parents boarded a plain from argentina with two daughters and two suitcases to give us opportunities we would have never had otherwise. it was bold and courageous, if my mom can become a doctor in a new language and my dad can work three jobs to keep it running there's nothing i can't do i've learned to be bold and adaptive in my career and i never shy away from challenges embrace your story and use it to drive you. , and i never shy away from challenges embrace your story and use it to drive you. for 65 years, responsibility has been central to our client relationships and long-term perspective. it's part of our heritage. and it's the foundation for our future. pursue active investment strategies at federatedhermesinc.com ♪ ♪ ♪ ♪ ♪ ♪ introducing ihg one rewards. seventeen hotel brands. six thousand global destinations. one loyalty program

the higher valuation and growth funds obviously down 8%, and are those set up for a world of hurt jim cramer i remember telling me in "over time" on friday, you don't want to be in tech right now, it's susceptible. he tweeted, tech not so. >> well, they are definitely susceptible and we have seen that in a market, and everything sitting at a valuation, it doesn't matter, and they would look at technologies and compare their multiple to historic multiples, and that was an acknowledgment they have come down as well we are entering into a new phase and we think about margin, and you think about companies that are going to be able to drive stronger margins next year, and you start to have to see deviations, just less at the sector and industry level and more at the individual stock level. i think what is going to happen is i do think there will be a correlation across sectors, and i think there are going to be opportunities, so from a tech perspective, i continue to look at this as an opportunity to potentially drive both top and bottom line, but in this next six six-week they are trading higher

i'm jim cramer see you the fight over america's southern borderlands in martha's vineyard. this is the news on cnbc >>> republican governor shipping migrants to new england and the residence of the vice president. >>> what they're doing is creating chaos. >> railroad companies can retain and recruit work. >> the last minute deal to avoid a potentially devastating rail strike. >>> putin meets xi face-to-face >>> clean water restored in jackson, mississippi. >> the water advisory can be lifted. >>> kanye west cuts ties with gap and goes live on cnbc. >>> a new update on the search for life on mars >>> good evening, everyone. they arrived at suddenly and reportedly without much warning. migrants dropped off in martha's vineyard and outside the residence of the vice president. the move is courtesy of the governors of florida and texas, a political message to blue state. texas governor greg abbott has been busting people from the border for month, but now florida governor ron desantis is joining him. he sent two planes full of about 50 migrants to martha's vineyard, the massachu

a lot of attention with the numbers released this week during the interview on "mad money" with jim cramer, he specifically talked about asia and china as the manufacturing hub of the world if they see weakness there, they see it everywhere. that is what led to the call of world recession coming up. is china going to export its problems to the rest of the world? if china sneezes, do we all get a cold >> i'm not sure that's the case. if the manufacturing sector is struggling, that is telling you there is softness elsewhere. china's economic revival through 2021 and so forth and 2020 was driven by the fact of strong demand in the west which helped the manufacturing sector we need to get the relationship right over there number two, there is incredible weakness in chinese domestic demand we know that china is not the biggest consumer of global services. will foreign service providers be hit hard by chinese domestic weakness i'm not sure about that. china's economic weakness will affect the commodities market. that is a positive story for global inflation we need to think through the broader m

. ♪ >>> good whence morning, i'm carl quintanilla with jim cramer david faber is on assignment we aren rebound watch today after the worst decline for stocks since june of 2020. some signs of stabilization but rates continue to kree higher. two year 3 a 3 fairly steady after core ppi is in line although core was a tenth hot. that's where we will begin with markets and inflation. stocks trying to recover from the selloff today, as of yesterday's close the dow is off about 16% from the all time high, s&p about 18%, the nasdaq 28%, jim we did see the ndx with its worst day since covid actually began. >> two things that have happened in my travels, one is that many people have given me a chart, many, which shows the overlay, that's the horrible 1999/2000 overlay with a lot of faang perch. the second thing i got is why do i need to be in stocks i'm getting -- i only get 4% neither one is a sale -- they're not unsaepable, i can make cases, but i have to tell you, carl, when i see a ppi number like this i just say this is no victory. this is the worst thing that i keep hearing, endemic, jim,

let's bring in amit mehrotra i'm sure you watched the interview with jim cramer last night. take us through whether or not this basically 20% move lower in fedex is something where it is a re re-rating of the overall macro snikt. >> good morning, dom the expectations for fedex in the last 24 hours has gone down by 40% with the 20% move down in the stock, the stock relative to its earnings power is actually more expensive today than when it was prior to close yesterday most importantly, we do not believe this is entirely macro focused. we think a lot of this has to do with fedex specific issues let me give you two numbers. revenue was up in the company's express business which is the key problem for this quarter and the next quarter outlook revenues were up in that business profits were down almost $500 million. this is indicative to me of a situation where some of the macro change, but the company did not do a good job of adjusting cost structure in a more real-time fashion last thing i'll say is i met with the cfo and ceo of u.p.s. they reiterated guidance we are deutsche b

tweet cramer #madtweets send jim an e-mail to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc ado dmeyething he tmaon.cnbc.com. ♪ ♪ ♪ ♪ ♪ ♪ in order for small businesses to thrive, ♪ ♪ they need to be smart. efficient. agile. and that's never been more important than it is right now. so for a limited time, comcast business is introducing small business savings. call now to get powerful internet for just 39 dollars a month. with no contract. and a money back guarantee. all on the largest, fastest reliable network. from the company that powers more businesses than anyone else. call and start saving today. comcast business. powering possibilities. >>> ever since russia invaded uk wrairn europe has been desperate to import our country's supplies of natural gas they don't want to be hostage to russia who can blame them if ukrainians can't win by the time winter comes around the demand's going to explode. which brings me to tellurian one of the companies building a liquefied natural gas terminal they take years to construct -- if you wanted to get

jim cramer will sit down with howard schultz, so tune in for much more on all of this >> kate, quickstion here are there any signs of starbucks customers trading down for a cheaper cup of coffee? >> you know, it's fascinating. we heard howard schultz say this morning referencing economic data he was talking about cpi and he said they are immune. he mentioned being immune to any downturn or trade down from consumers. they had their best sales week in 51 years two weeks ago when they rolled out their fall menu, which has the pumpkin spice latte. >> i love my psl i wonder about labor and what's going on with the starbucks employees. i noticed to your point about the customization of cold drinks, wait times are getting so long in so many of the starbucks at least in my neighborhood in new york city keep getting remaodeled have they having the workers that they need right now >> yeah, so they're definitely not seeing as much turnover comparatively with their own business and also industrywide they mentioned today but they are doing a lot to really improve the employee experience, because

stretch, and fears of a slowdown in asia were a big part of that warning from fedex the ceo telling jim cramert night what's happening there has him worried because asia can be a leading indicator for the global economy joining me now is the senior policy analyst at longview global and a cnbc contributor. it's hard to get a picture of what's happening in china given the rolling zero-covid tolerance policies and these lockdowns we've been seeing. what's your best sense of what's happening on the growth front? >> well, thanks for having me. i think you hit it on the head there are challenges in china certainly as we go into the end of the year. the august numbers came in better than expected, but there is still some bad news in those numbers, particularly around global demand for chinese goods, which, as you know, has been the booster for the chinese economy over the last several months those numbers down to 7.1% year over year, down from 18.1% without that growth boost from exports, i think we're in for some real headwinds for china. we heard some announcements again this week talking about way

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indices coming off the worst week since june, but we did just tick positive now joining us now is jim cramer wonderful to have you back e you're on a particular mission this week, has to do with tech and how low it can go. >> yes first of all, thank you for having me. this is really important i'm out here obviously for salesforce's dreamforce. i happen to think that tech is under valued i want to know when the fed is going to be done so then the undervaluation turns into buying own say half positions on the stocks salesforce, this stock has been pummelled. the question is, are it pushbacks? are they not getting the orders done finding the business is no good? in other words, are they adobe and adobe was hit harsh this week >> salesforce, last week i was watching some of the conferences at goldman sachs, leaving the door open for m&a activity. >> you have figma now selling for 20 billion and selling at 50 times the annual revenue, what happens is people say desperation. there's desperation. now there's two kinds of tech, the qualcomm kind, you have these chips used in phones and autos, maybe

. >>> jim cramer will be sitting down with starbucks founder howard schultz live in seattle tomorrowin tonight and tomorrow for all of the coverage. >>> still to come here on "power lunch," is a subprime problem growing? and three big movers you need to watch in today's three-stock lunch. we will be right back. >> announcer: the bond report is brought to you by pimco. careful now. nice! you got it. and thanks to voya, i'm confident about my future. oh dad, the twins are now... ...vegan. i know, i got 'em some of those plant burgers. nice! nice! yeah. voya provides guidance for the right investments and helps me be prepared for unexpected events. they make me feel like i've got it all under control. because i do. ok, that was awesome. voya. be confident to and through retirement. (vo) at viking, we are proud to have been named the world's number one for both rivers and oceans voya. by travel and leisure, as well as condé nast traveler. but it is now time for us to work even harder, searching for meaningful experiences and new adventures for you to embark upon. they say when you reach

half a billion the ceo telling jim cramer he sees a worldwide recession coming the stock is the worsterformer on the s&p 500 and that is pushing the do jones transportation index now to a 52-week low and pressuring shares of ups and epo logistics. the bond market, the yield on the two year, hitting 3.9% rick santelli has more on those moves in the bond market rick >> yes, tyler. we've seen an aggressive week, essentially those short maturities they're up on the week over 30 basis points in the intermediate part of the curve, we see that the prices have moved. twos, fives, sevens are all in the green. even though it's been a big week, that's important now if you look at a june 1st of tens, i've been on this in a big way, we still have not closed above that mid-june 3.48% high yield close. we've had the last two days intraday trade above it which underscores there's a lot of investors looking at the global condition economically and deciding that they like buying some of these long-dated treasuries let's think foreign exchange if you think there's a global recession coming, the currency

i asked her that question relative to, you know, i'll put it in the context of jim cramer, you know nothing or whatever the context was in '08 you're not paying attention and i think we should give her a listen here. >> i can just tell you the context we've talked our board of directors and we've gathered a lot of information that's not the perspective they have in fact, they are still concerned about high inflation they're still concerned about the mismatch in the labor market, which is adding to cost pressures. and so that reconnaissance tells us we still have inflation i think there's definitely been inflation in the housing market, which is given because we're tightening financial conditions, and that's the mechanism for which demand is moderating and hopefully getting into better balance with supply so that the price pressures can be contained and then put on a balance. >> i guess the bottle line, scott, is nobody is really happy about what the fed feels it has to do here, but some are considerably unhappier than others >> i guess it's interesting where they're getting their informatio

so i tend to agree with jim cramer who said we might be at 3002% of macro problem, but there's stillblem that you have to look at and we're looking at that one pretty close >> do you think you might bail on it? >> i could bail on it if i begin to be convinced that the ceo or management is a problem. if i'm ever convinced that management is a problem, i'll bail but as i look at the numbers here, because i always have to look at the numbers, and try to ignore the noise if i take their estimates for 2023 down 35 to 40%, that has the stock trading at 12 times earnings today it's an investment-grade company. they have plenty of cash flow, they have $7 billion in cash debt-to-ebitda is less than three times. the stock is not expensive at these levels, so i am loathe to sell it. but if i have greater concerns about management, i will i guess if i were going to -- my guess is, i'll probably be closer to adding to it, but there are reasons for concern here >> yeah. i mean, it's easy to want to throw a tomato at the ceo when your stock is getting hit 20-something-odd percent but i think in far

i'm jim cramer see you tomorrow "the news" with shepard smith starts now >>> trump telepathy. if he thinks it, is it so? i'm shepard smith. this is "the news" on cnbc >>> former president trump tee fends himself over documents he says he declassified >> you can declassify just by saying it's declassified, even by thinking about it. >> why his lawyers haven't filed with the court that process. >> it doesn't have to be a process. there can be a process but there doesn't have to be. >> we'll sort out what's legal. >>> russians protest putin and flee the country after his demand they fight in ukraine the new pressure on moscow and the face-off today at the u.n. >>> trouble brewing in the tropics. concern for oil refineries in the gulf tracking the new threat days after fiona slammed puerto rico. >>> alex jones defiant in his defamation trial. >> i've already said i'm sorry a hundred times and i'm not going to say it again. i believe it. >> the tylenol killer. new questions in the 40-year-old case >>> investigating body parts found in a suitcase in a new york apartment. >>> and the

back here in the morning jim cramer in seattle. don't forget "mad money" tonight at 6:00 p.m. eastern time. >>> in the meantime, the twitter whistle-blower about to testify on capitol hill. we'll stay on top of the selloff as the dow is down 620 still hanging in there above s&p 4k if you wake up thinking about the market and want to make the right moves fast... get decision tech. for insights on when to buy and sell. and proactive alerts on market events. that's decision tech. only from fidelity. your romantic night out... involves a +4. you know the most exciting part of la... is the hotel pool. you know the only thing better than this trip, is the next one. the delta skymiles® american express card. if you travel, you know. the pursuit is on. thethe pursuit ofs® outperformance at pgim. with deep expertise to outthink across multiple asset classes, actively managing investments in the world's public and private markets. outscale, with the resources to serve 1,500 clients in 52 countries. and outlast, with long-term conviction that looks beyond today's volatility. join the pur

. >>> history not repeating itself ceo telling jim cramer the market is not like past selloffs >>> shares of nike crushed following quarterly results as they reveal a massive oversupply problem. >>> hi

jim cramer sits here and talks about the potential prospect of great success coming from reels for meta, again we are seeing that stock up nicely that's going to do it for us here on "squawk on the street. "techcheck" starts now >>> good friday morning, welcome to "techcheck," i'm carl kwint nil la with jon fortt, deirdre has the morning off. 2% gains on the nasdaq docusign, zscaler surging. we'll dive deeper into the numbers when zscaler's jay chaudhry joins us in a couple of moments. crypto on the rise ftx continuing its buying spree. is this a bear market bounce or the start of a real rally. intel, breaking ground on its chip plant in ohio, we're going to go live on the ground there, jon, a long awaited day for that state and the company. >> for sure, carl. as you mentioned we're going to start with the pair of earnings movers docusign and zscaler are surging this morning, pandemic favorites that fell out of favor for different reasons but the guide is what's lifting both names today. docusign trying to engineer a turnaround, ceo dan springer stepped down in june, chair maggie wildor

.:0 "mad money with jim cramer" starts now. >>> my mission is simple, to make you money i'm here to leveling field for all invest to investos there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to a special san francisco edition of cramerica other people want to make friends, i'm just trying to save you some money my job to entertain but put this in context call me or tweet me @jimcramer look, the market got

blamed macro weakness for its disappointing forecast issuing a strong warning on demand with our jim cramer last night. >> the u.s. consumer has definitely been spending less. but the u.s. has been somewhat insulated because the u.s. dollar is the currency of choice for the world. there's some insulation there. but i do see the u.s. is slowing down too >> seems to be getting cold despite the insulation macro concerns hitting names like apple, down just over 2% today. despite that, iphone 14 launch, other big tech laggards this month, meta down, microsoft and alphabet not far behind. the latter tracking for its worst week since early july. we've been talking on this program about beyond interest rates, it's time to start talking about demand and here we have a clear warning on demand, not just at the kind of working class, lower salary consumer, but across the board and across the globe >> and there's been so much concern about the earnings season that we're going to be heading into have estimates come down enough? i guess the question for fedex, it's an economic barometer is this a fedex pr

that was a similar message but caterpillar's ceo telling jim cramer on "squawk on the street" a coupleuld not forecast when supply issues would calm down. so a mixed commentary as to when the picture will improve the question is whether next quarter we could get that clarity. >> yeah, we'll wait for some updated comments here. thank you, seema mode owe. >>> roblox shares are rallying after announcing plans to diversify from in-app purchases by debuting advertising, joining the club with netflix and everyone else who wants to make more money these days. >> any business that's in the game of attracting eyeballs tends towards advertising. amazon made it a big business. apple which for a long time didn't want to make it that much of a game has done so. when it comes to roblox, it's sensible they'll probably do it in a new way. a new revenue source is seen as a net positive overall a big retrenchment in the valuation of this company. it's down 65% or so from the highs. still some question at what we're looking at in terms of long-term profitability. it's all about bookings, not about real e

>> well, i confessed i was jim cramer's numbers that came out on -- he's the one that created that i adopted it because i like it so much and believe in it so much but, yes, absolutely. you can own those five for the rest of your life and be happy they have won the game, right? they were essential, they got to stay in business, they reinvested in the business during covid they took market share and they are know not giving it back so when we come out the other side of this, whatever this is, then we're going through with the fed and inflation, these will still be the five big winners, i will believe that and i'll be with that for a long time unless something dramatic happens. >> jan thanks so much. jan kniffen, we appreciate your time. >>> the 30-year fixed mortgage spiking. that number is next, plus, further ahead, new reports, the s.e.c. will not ban payment for order flow a crucial yet controversial part of robinhood's business and don't forget cnbc's delivering alpha returns in person on september 28th the world's top investors will discuss risk, tinnitus and navigating the new m

meantime but don't go anywhere, mad money with jim cramer starts right now. >>> my mission is simple, money. i'm here to level the playing field for all investors. i promise to help you find it. mad money starts now. >> hey i am cramer. welcome to mad money. i'm just trying to make everyone money. my job, educate and teach, so call me when it hundred 743 cnbc or

i am jim cramer, see you tomorrow. >>> widespread destruction , coastal areas obliterated roads washed away, communities underwater, even now. and tonight, ian is gaining strength as a hurricane yet again targeting georgia and the carolinas. i am shepard smith. this is the news on cnbc. >> hurricane ian, going to be a storm that we talk about for decades. >> or the guest check into this high-rise here. >> six or seven feet of water within five minutes. >> we know many families are hurting, many are hurting today. >> kind of scared for my children. >> everything you work for is destroyed. it so difficult. >> my chimney came down. i was afraid it was going to come through the roof and crush me. >> this could be the deadliest hurricane in florida's history. >> powerlines that are down, trees that are down. you have a lot of hazards right now. >> lots and lots of damage. it will take years to recover. >> we are committed to retorting that infrastructure if needed. that is not going to be an overnight path . >>> also tonight, reporting inside russia. hear from those resisting draft orders.

interim ceo howard schultz spoke to our own jim cramer about some of the moves. >> the guidance that for the next year or so, double-digit revenue, double-digit eps, accelerated growth in our store base and strengthening in our comps >> barb, you own this stock, correct? you've been pretty bushel on it, why? >> well, i've owned it for almost ten years in various accounts because it's been a solid premium name, and it was interesting because what he said today, i mean, this new ceo doesn't start until october 1 so i think it's very unusual to come out with such bullish information just before a new ceo starts the one thing he didn't mention is that pricing power for this company has been terrific. over the last five years they have been able to raise prices almost 7% each year, and in this kind of market that is the kind of company you are looking for that has pricing power with all the increases in their estimates i think you'll see a pe expansion stock is down 20% year to date it's not cheap, but it's also still at a discount to its historical valuation, so i think the stock will co

i'm jim cramer see you monday from san francisco. the news with sheppard smith starts now >>> more allegations of war crimes in the wake of a russian retreat. i'm tyler mathisen in for shepard smith. this is "the news with shepard smith" on cnbc another mass burial discovery in ukraine. >> this is part of an ongoing story. >> hundreds of graves recovered after a russian retreat. now the quest to document war crimes >>> they're a political football in immigration polpolicy now, dozens of migrants flown to martha's vineyard, as the white house tries to coordinate a response >>> the justice department expected to appeal the decision to appoint a special master, just a day after one is named. the legal back and forth plus, who is judge raymond dearly >>> they're calling it the gift of time. why some educators and parents say boys should start school a year later than the girls. >>> tropical storm fiona takes aim at puerto rico and the virgin islands >>> pregnant and working the new push for congress to help >>> and the new high tech helm