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Mad Money w/ Jim Cramer

Dow Rallies 268 Points, Proofpoint CEO, and Marvell CEO

Mad Money w/ Jim Cramer

CNBC

Investing, Business, News

4.34K Ratings

🗓️ 2 June 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

The Dow rallied today, closing up 268 points with all three major averages closing in the green, and Jim Cramer is breaking down today's market action. Then, there's been a remarkable run in the cyber security stocks like Proofpoint, and Cramer's got CEO Gary Steele to dig deeper into the company's recent run to its all time high. Also, CEO of long-time Cramer fave Marvell Technologies, Matt Murphy, checks in to talk about recent earnings, the road to 5G and the company's future amid tensions with China.

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 work at Summer,

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.

0:18.0

Welcome to Man Money. Welcome to Kramer.

0:20.0

I'll be one of my friends and I'll try to make some money.

0:22.0

My job is not to sustain or entertain, but to educate and teach you.

0:25.0

So call me at 1-800-7-3-CBC or Tweety at Jim Kramer.

0:29.0

Yes, we're consumed by social unrest and to grow some pictures from around the nation.

0:35.0

We're shocked that the peaceful protesters have created an opening for looters

0:40.0

and the police sometimes can't tell the difference between the two.

0:44.0

Even for an purely business perspective,

0:46.0

you think people smashing up major retail destinations like the flagship Macy's in Herald Square

0:51.0

would be bad for the stock market, right?

0:55.0

Yet every time the market looks like it's about to get clocked,

0:57.0

we get a state of execution.

1:02.0

Witness today's action, Dowgain 268 points.

1:05.0

That's a B-climb point at 2%.

1:06.0

That's like advanced 0.59%.

1:09.0

Last night at the President Trump's Fire and Brimstone Law and Order Speed,

...

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