Doordash CEO, Columbia Sportswear CEO & Chart Week 8/2/23

Mad Money w/ Jim Cramer

CNBC

Business, Investing, News

4.3 • 4K Ratings

🗓️ 2 August 2023

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

All three major averages posted losses, with the Nasdaq posting its worst day since February, and Cramer is looking at past selloffs to help guide investors through today's downturn. First, Cramer's continuing to dive deeper into the great white charts during Chart Week - he's joined by technician Larry Williams to look at the S&P, Nvidia, Tesla, and more. Then, can Doordash deliver gains for investors after posting better-than-expected earnings? Cramer's talking to CEO Tony Xu. Plus, Cramer's exclusive with Columbia Sportswear CEO Tim Boyle. Mad Money Disclaimer

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 little more kids somewhere
0:10.0	and I promised to help you find it.
0:12.0	Man money starts now.
0:17.0	Hey, I'm Kramer.
0:19.0	Welcome to Man of Money.
0:20.0	Welcome to Kramerica.
0:21.0	Other people in my friends, I'm just trying to save you all money.
0:24.0	My job is not just to entertain you,
0:26.0	but to educate, teach you, and put tough days like today
0:28.0	in context, so call me 1-800-743-CBC,
0:31.0	or tweet me at Kramer.
0:33.0	Sometimes we have no idea what some big, bad event
0:37.0	means to the market.
0:38.0	So what do we do?
0:39.0	We figure we might as well.
0:41.0	So that's how I feel about Wall Street's reaction
0:45.0	when Fitch, the ratings agency, took our country's debt
0:49.0	down a notch last night.
0:50.0	Thanks to our dysfunctional federal government.
0:53.0	You know nothing!
	...

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