CNBC Special Report: Taking Stock 2/13/23

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 14 February 2023

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stocks rose today coming off the worst weekly declines for the S&P 500 and Nasdaq in nearly two months. CNBC’s Frank Holland breaks down what’s behind the AI boom and why regulation may soon be on the horizon. Plus, all eyes on tomorrows CPI report and what it could mean for your money. And, it was one of the most buzzed about ads during last night’s big name – why Dunkin’ is betting big on Ben Affleck. Mad Money Disclaimer

Transcript

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0:00.0	Good evening and welcome to the CNBC Special Taking Stock.
0:11.4	I'm Frank Holland, Jim Kramer has the night off.
0:13.8	What a difference today makes.
0:14.8	A new week on Wall Street off to a very strong start with stock surging today coming
0:19.0	off the worst weekly declines for the S&P 500 and the NASDAQ in nearly two months.
0:24.6	Microsoft, the biggest driver for the Dow surging another 3 plus percent, continuing its rally
0:29.4	since announcing the new Bing search engine with chat GPT.
0:34.0	Tonight is the AI wars heat up.
0:35.3	We're going to break down what's behind the AI boom and why regulation may soon be on
0:39.7	the horizon plus all eyes on tomorrow's CPI report.
0:42.5	We'll break down what it means for your money and we'll talk to a Duncan Bigwig about
0:46.9	how the company got Ben and Jen and their first ever Super Bowl ad.
0:50.9	It was a good one.
0:52.1	But first is bringing Mike Santoli to dig into today's rally.
0:54.7	Hey there Mike.
0:56.5	Hey Frank, volumes were light but the price action was pretty sturdy.
1:00.6	The S&P 500 is a matter of fact today.
1:02.9	Re-gained everything lost last week almost to the point.
1:06.3	So obviously some resilience ahead of that CPI report.
1:09.2	You mentioned Microsoft, a calm longer term treasury yields allowed some of the big growth
1:13.5	stocks to perform well.
1:14.7	The NASDAQ up a percent and a half on the day.
	...

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