marc benioff told me that. how do you think they are going to divide responsibilities?ow will this co-ceo rule work? let's remember, this happened before with keith black and that did not last too long. liz: in general, most companies do not have a co-ceo. you saw that at sap, then they reverted back to a single ceo. likely marc will move on to other things. his passion is greater than this successful computing company. there are other causes he lives for and promotes. likely i would see overtime a gradual increase of bret's responsibilities so that marc can go into the things he has been interested and successful in. he really is changing the world with the 111 model, what he had his wife to for health care at hospitals. emily: what do you make about the forecast? this is a company that is competing in a world of software giants, commanding a premium price. liz: salesforce are very aligned with what we see today. companies are reinventing themselves. cloud increased during the pandemic. they are right there. they are the original poster child and they are very much tho

jim farley, ceo of ford and marc benioff in a tie salesforce i hope that means when you get to ford yout. >> in new york, jim. it means i'm in new york ties are new york. >> thank you stay with cramer >> announcer: coming up, from the phone in your pocket to the public services we use cybersecurity is a must. fresh off earnings, can this company help make your portfolio a safe place to invest find out next. our retirement plan with voya, keeps us moving forward. hey, kevin! hey, guys! they have customized solutions to help our family's special needs... graduation selfie! well done! and voya stays by our side, keeping us on track for retirement... ...giving us confidence in our future... ...and in kevin's. you ready for your first day on the job? i was born ready. go get 'em, kev. well planned. well invested. well protected. voya. be confident to and through retirement. >>> last night i told you there was a possibility that the beaten down cloud software could already be close to bottom that was far from certain. today we saw incredible moves here sentinel one here's a stock that lost 43

want to be in the other day with salesforce.com people wanted to shy away, now they want to be in marc benioff gave you a modest forecast due to the rapidly strengthening dollar on a more positive forecast, salesforce would have been given the benefit of the doubt no one cared today the stock's come roaring back 10 bucks and i'm starting to look smarter. payments was a once love sector because it is little risk. periodically it gets into a slump. it's up ending the credit card industry with the buy now pay later platform the idea that they could be fell by a $32 billion outfit, but when the market is full of negative sentiment it's easy for investors to believe the worse how bad did things get let's take the most cogent example. we had dan schulman tell us on the show and tell us about his own buy now pay later and he has huge digital wallet technology you have the modernization of venmo. i thought, wow the market said, ugh paypal had plunged from 310 to 180. maybe it was an ugh at 250, but 180? final segment indicator, how about ridicule ridicule yeah when you own a stock and it goes down, do

world where you're either with microsoft of which a lot of people feel adobe is, or you're with marc benioff >> in the form of slack. you're talking about slack versus -- >> there's a real lawsuit in europe we forget about it butterfield. did you ever see butterfield 8 >> early elizabeth. >> they're all good. >> national velvet was one of the great movies ever made. >> intel shares are rallying this morning as jim said we're going to talk about it later on this hour who knows about consolidating various shares of companies. >> i try to find situations where you actually spun off some and spun off the rest. and the best one i can find, david, is mac. give you some and give you all. >> barry dillard has a history if you go back -- it's hard to measure -- of incubating companies and spinning them out entirely and creating a create deal of value, you got to go back 20 years now to look at all the different companies. >> it's been great. >> intel doesn't have that history. >> no. >> the last thing i remember, they bought mcafee, that didn't go too well. >> but this purchase which was done for 15

a couple of individual stories to keep an eye on, marc benioff at salesforce getting a new co-ceo, buthat statement was an interesting forecast for the fiscal fourth-quarter that missed most analyst estimates. hewlett-packard enterprise also providing a forecast that came up well short. , rella -- and barela -- ambarella beating estimates. tom: we turn to someone who always speaks clearly, from the second congressional district of arkansas, the republican french hill joins us on a wide set of topics. want to go to the seems that we have done on omicron in the last two hours, and i know the mayo clinic has your arkansas with the arch reality for this pandemic. 18 to 64, only 54% vaccinated in your arkansas. what do republican politicians do to get america vaccinated? rep. hill: it is great to be with you and jonathan and lisa today. arkansas has worked so hard to get our vaccination rates up. governor hutchinson has been a good leader on that. he has been around the state to encourage vaccination, and we have made steady progress. we are particularly pleased that we have made steady pro

it has been seven years since salesforce ceo marc benioff donated $200 million to form an affiliation oakland, saving it from financial ruin, but now dozens of doctors, nurses and patients say that partnership. as often failed families in the east bay. having her was amazing. and it was the best thing that ever happened to me. a mother's life forever changed her daughter diagnosed with sickle cell anemia, a blood disease requiring regular attention, medication and causing it times immense pain without warning. it's like an aching feeling. are stabbing feeling. my witness stamps has visited children's hospital, oakland her entire life nationally recognized as one of the best for sickle cell patients. but in recent years, mother low wanna noticed changes in care? i have this thing that it's going to #### in a #### basket. in an emergency. she says the hospital used to have a bed ready for her daughter. they just call as they rushed in for help, but now they wait in the er for an hour, and it's not just patients who think priorities have changed. not about patient care, but it's about mo

what does that have to do with marc benioff? >> you had a great interview -- >> thank you. >> -- and i keep thinking an incredible revolution of our oil industry to have more conscience about pollution -- >> philip morris is out this morning saying we've done a better job in aggregate than the oil companies. >> oh, geez. i said the oil companies were un-investable, guys like sheffield, the pioneer, they said, listen, we hear you, man >> listen, they're pursuing things that whether bring them into the better graces, but there are plenty of esg top-down strategies. >> you're telling me that a company is saying -- while they cause cancer, it's less cancer is that the deal by the way, guys, buy us, we cause less cancer. less some -- >> it's in the pitch [ laughter ] >> fewer people are killed by us than others. there's something. >>> take a look at futures we're going to watch to see if we can hang on to gains. the curve continue to say flatten. claims were pretty good, though, 222, we were looking for 240 we're back in a moment sma

bank of america just on-boarded to see what a competitive ceo is like, ellison pulls no punches marc benioffnot ceo, actually. >> he's chairman. >> chief technical officer, something like that. >> he's chief evangelist. >> yeah. >> i just love him he doesn't like me i once went to his island. >> and don't forget he owns a lot of tesla, more than cathie wood, i was reminded yesterday he's a visionary, a genius, competitor he doesn't care about anything other than winning you've got to love that. >> he's doing it a business is very strong. [ bell ringing ] >>> also cvent celebrating a lista via spac >> can you imagine a couple strangers get together and you write them a check >> the way he presented that, i think it's clear from chairman gensler how he feels, or how he feels he -- but they're not going art. will we ever see the left of by the way, ipos in general has not been a good year >> a lot of it is -- >> a lot of it is due to spacs >> many of these deals are bad i was out to dirt with a guy, i said, what do you have i have a spac. what are you doing >> i've got a spac >> we would have a

. >> i think today is much more of a realize tim view sit spoke to marc benioff, and then again, and then timely again. i am convinced that. squall -- is not worth a bucket of spit. that's what the vice president -- so i am -- those who are saying, you know what? i'm going to sell salesforce, i think you should look at the -- it's almost a netflix situation, where there was a currency issue, but slack is awesome, the slack buy may prove to be unbelievable there have been he would say my growth is both organic and inorganic. the numbers were extraordinary there. they're still growing in order my advice is where -- and think that mark is frankly lost his touch and bret, by the way, is killer hi killed dorsey he becomes the chairman of twitter and then co-ceo, he's so milled-mannered, but that's a velvet fist there. salesforce sergeant going to take a bit off the dow >> 26.4 billion for this fiscal year, and jim, we gave guidian, we're going to 31.8 billion, so we only -- so this is a very fast-growing business. >> you think this can give co-ceos a good name? >> i still they, of course,

. >> this is part of what i had marc benioff from salesforce on, with jim farley.more of a musk model he also had a higher price-to-earnings, which could help small business people we all are wondering when he will sell that stake in rivian that's what i'm watching, because he has said openly he's going to compete against rivian. he -- the thing i'm most interested in is the muskrat love, i'm calling it, musk -- who again i had the has been a bit of a rivalry, but it's a high-end rivalry because both want more evs on and respect each other, which is fantastic. i think that jim is trying to change his model ever so quickly to being a tesla model and then exceeding it by embracing the idea that the people who buy ford trucks are missing a lot of work because they don't -- they're not organized. this is an organization thing. charge your truck there. just be careful betting against ford there are a lot of people who didn't understand farley and that he's a -- remember second place is who loses first i do like very much what he's doing. i saw we're starting to get peop

think that, you know, the team that they have assembled at the top starting with bret taylor and marc benioffjust the best one they have seen in years. they're all aligned. we think they have a lot of great trends in terms of driving revenue growth we think that the slack acquisition is going to position them well around where the future of work is going, and ultimately, it's a focus, a renewed focus on margins we think they're going to continue to surprise the street positively on putting up better free cash flow, better margins every quarter. but we don't think they're going to stop doing deals, whether it's next year, whether it's, you know, two years from now, we think the right deals and the right strategy, and we think similar to what microsoft, you have seen them focus on with security, we think salesforce is not going to be far behind we talked okta as a really strategic and transformational acquisition. that's the largest one they have ever done, that again, kind of doubled down on this notion of trust around identity, around really can't have a single view of your customers without