Best Buy CEO, Five9 CEO & Aerovironment CEO 5/2/22

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 2 May 2022

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Nasdaq Composite rose while the S&P 500 and Dow Jones were flat, and Jim Cramer is breaking down the market's sharp reversals off their lows. Then, AeroVironment CEO Wahid Nawabi talks to Cramer about his company’s commitment to provide 700 armed drones, known as Switchblades, in American military support for Ukraine. Next, Best Buy CEO Corie Barry joins Cramer as part of NBC News' “Inspiring America” event, featuring business leaders with innovative practices that elevate their employees, consumers, and the world at large. Plus, Five9 CEO Rowan Trollope breaks down his company’s outlook after reporting a beat and raise quarter. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	My mission is simple to make you money.
0:05.0	I'm here to level the playing field for all investors.
0:08.0	There's always a more work at Summer
0:10.0	and I promised to help you find it.
0:12.0	Man money starts now.
0:16.0	Hey, I'm Cramer.
0:17.0	Welcome to Man Money.
0:18.0	Welcome to Cramer.
0:19.0	I built my friends.
0:21.0	It's trying to make me money.
0:22.0	My job is not as soon as I can
0:23.0	but dedicate to you.
0:24.0	Call me 1-800-743-CMC.
0:26.0	Tweet me at Jim Cramer.
0:28.0	It's the interest rate stupid.
0:30.0	Yeah, that's my take on this market.
0:32.0	It's the yield and the benchmark.
0:33.0	Ten-year treasury spiked above 3%
0:36.0	stocks then crashed and then when the tenure came back down.
0:40.0	Stocks recovered.
0:41.0	Dow finishing up 84 points.
0:43.0	S&P advancing 0.57%.
	...

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