the mix was a surprise macao actually disappointed with eb ebitda so they disappointed and they loste market share they still have 27% market share and i like that region very much singapore beat on expectations so i just think this stock trading at 11 times versus its 13 times historic. i just think if numbers are going to come down because of macao, they're coming down 1, 2% i think the stock down 8% is a buy. >> yeah, the worst day in about 18 months for that stock do you still own wynn, jimmy >> i do still own wynn >> reluctantly >> the frustration, and, stephanie, i get it, operational results at wynn are fabulous and the stock continues to be lackluster las vegas stands down 8% today, i get it wynn reported a blowout quarter on every metric and was down 9%. it's part of the story, this higher interest rate regime is making people think maybe the recession is closer, people aren't going to gamble as much stick with it, steph >> briefly, last word? >> i love wynn i've owned it in the past as well las vegas sands is cheaper, and it's a pure play on macao and singapore. wynn has do

little underperformance in macao. >> a poorly timed renovation they had some actual macao issues thatcao only we don't know how well they would have done if they didn't have these issues involving the actual hotel property. look, is it enough weakness to be able to say the fed might be out of the woods no but here's my thesis that i'm developing january, good month. february, great month. march, not a great month and i'm using the jb hunt numbers. jb hunt, 2% growth in january, 3% in february, minus 1% in march. that is not anecdotal. that is the fourth largest trucker. and for prologis, who are their largest customers? amazon, home depot, fedex. david, these are real companies that are not -- that are actually scaling back in warehouse. >> yeah. >> i'm not worried i think that they're good companies. but you know, david, we have to be concerned that maybe we got too worried about a hot economy, and then march turns out to be weaker can you imagine? >> it would be -- it would be interesting, to say the least. i mean, we had the fed chair just two days ago, though, say, you know, right

on the equity side, las vegas sands exceeding forecasts, results at the macao locations missing consensus estimates. flagging renovations weighing on revenue and profitability. the stock at its lowest levels since early december. looking at chipmakers like we have been talking about, tfm c, first profit increase in a year, beating estimates about projections with shares under pressure after lowering the overall chip market outlook. dragging the philadelphia semiconductor lower on the day. micron, poised to get more than $6 million in grants from the chips act to help pay for domestic factory projects, part of an effort to bring semi production back to american soil with micron down on the day. another stock we are watching is blackstone. shares of the world's biggest alternative asset manager, lower after missing estimates for inflows and assets. blackstone collected more fees from big retail funds and credit strategies during the quarter and earlier today ice oak with john gray about the results. >> what we tend to focus on is how we deliver over time and in this order we felt really goo

looking at gaming demand, a lot of that is much more abroad than it is here in the u.s., specifically macaod some of your other casino operators do have that exposure. caesar's doesn't. they also did have a recent merger with el dorado, which i think longer term is going to be a benefit for them, but what happened is they had to take on a lot of debt for that, so although they do have good operating margins, a majority that is going just to pay off interest payments, which is likely to weigh on their shares for a little while there. >> all right. courtney garcia, let's go to the last one of the day, and that is united health, unh. >> united health, i would be a buyer on here. this also has been under pressure this year, like the other three. most recently, they did have that cyberattack, which put pressure on them and the entire health care sector, which hopefully they're starting to get under wraps here. i don't to discount the fact that that is going to be a short-term issue here. we have no idea how it's going to affect their margins. they've already had to pay out to service providers w

the company posting a top and bottom line beat, but numbers out of macao missed expectations. >>> unitedince earnings just on tuesday. the airline delivering a strong forecast despite ongoing issues with boeing deliveries. >>> and an e-commerce call out of morgan stanley. a pairs trade, double upgrading ebay while downgrading etsy. ebay up nearly 15% this year, while etsy is down 17% >>> and shares of jabil down slightly afterhours. the company saying the ceo was placed on leave pending an investigation related to corporate policies that stock is down 2%. >>> meantime, congress potentially fast-tracking a bill that would crack down on tiktok. the legislation requiring tiktok owner byte dance to sell the app or face a ban in the u.s. could be attached to an aid package for ukraine and israel for more on what this means to byte dance and the bill's chances in the house, let's get to cnbc's emily wilkins. what's the latest on this? >> hey, melissa. yeah, the legislation that could lead to a tiktok ban in the u.s. now has a new path to potential passage via the $95 billion foreign aid packag

another place that has a lot of exposure to macao, las vegas sands.ce is very cheap. >> karen? >> yes, i agree with dan a few times tonight. >> what? >> several. >> mark the date. >> yes. alphabet. >> dan? >> i agree with tim and guy about disney. i just think under any circumstance the stock sells off into that print in early may, you buy it. >> nbc page program, amazing. our page, chloe -- >> currently, yes. >> it's her birthday. we have to give -- >> happy birthday, chloe! >> 23, unbelievable. american bar rick. that comes out gold, melms. >> thank you for watching "fast adney." "m money" with 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 just trying to save you a little money. my job not just to entertain but put days like this in context because i know how hard th

gaming revenue in macao surging in march. and shares of pvh plunging after its earnings report.an expected outlook. >>> and we're watching shares of disney. it has voted in favor of the company's board of directors, a blow to the activist bid. t. rowe owes 9 million shares of disney. they hold their shareholder meeting on wednesday. >>> the japanese yen trading close to a 34-year low. the country's finance minister defending the currency, saying that, quote, there are some speculative moves that do not reflect fundamentals when taking into account domestic overseas and economic as well as price developments. still with the yen down 7% just this year, our next guest says the best move for the bank of japan is to raise rates rather than intervene in the currency market. jens, great to see you. your name is so fitting for this conversation -- i'm sure you get that all the time. but in terms of raising rates, that's sort of a tricky thing for the boj, even if it seems like the easiest thing to do, to put that squeeze on the economy one so many of its mortgages are tied to floating r

it's actually in the basement of the pearl river between sort of macao and and hong kong.there's an island called linton, you know, it actually it was it was a it was a young forbes who came up with this brilliant idea. so what they did is that they parked they anchored all these vessels there. they were called hulks because they have masts. so they would go there. they would offload all their opium onto these vessels. so china absorbed chinese wholesalers, you know, smugglers and so on would come on to these vessels. they buy the opium for silver. and you, the merchants would then have all the silver on their hands and then they would go up to the first go further up the pearl river to the customs customs points and. once they got to the customs points, they would just say opium. what opium we don't have holds empty, don't have anything. we've come here to buy. so it was this of ingenious subterfuge that served for a very long time and thing about opium is, you know again one of the continuities see in the sort of circulation of opium. once opium begins to circulate it ca

. >> some of the early gainers, jim, some of the macao stocks, we got a post-covid high on data. >> wynn two casinos there, and vegas is sold out. often, i think that this is the precursor to a turn, because that means that they're spending again. now there's a lot of stocks that they started spending, we know starbucks, which has been a disaster, you follow that. my trust owns it. i talk about the good ones, wynn, but starbucks has been terrible. >> it has. >> but there's a -- we got an upgrade today, starbucks, you know? tactical. there were a lot of tactical things today. >> you feeling any better about it, given that update, jim? >> i think people know how horrible it is in, and the unit states is doing bad numbers. once everybody thinks there's something bad, it's a tactical buy. wells fargo. are you thinking that schultz is going to do a proxy fight? is that that face? that's the schultz proxy fight. >> that's an interesting thought. >> wouldn't that be interesting? >> yes, is that just coming out of nowhere for you? are you trying to tell us something? >> laxman narasimhan is stuc