Levi's CEO, Constellation Brands CEO & Marvell Tech CEO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.4 • 3.9K Ratings

🗓️ 6 October 2021

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Dow rallied 102 points, recouping the week's earlier losses, and Jim Cramer is digging deeper into the biggest headlines of the day. Then, are profits in the jeans for Levi's? CEO Chip Bergh joins Cramer fresh off earnings to take a closer look into the top and bottom-line beat. Next, Cramer's talking to Constellation Brands CEO Bill Newlands to talk about the headwinds - raw costs, cannabis legalization issues and more - that impacted the most recent quarter. Plus, Marvell Technologies CEO Matt Murphy after the company's Investor Day event.

Transcript

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0:00.0	CNBC's Workforce Executive Council is a premier group of C-suite human resources
0:06.0	executives from leading companies across the country. It offers a members-only
0:11.0	portal and chat plus exclusive industry content with access to breaking news
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0:28.0	slash WEC.
0:58.0	You know I have been a fan of the market for weeks but when I saw the futures
1:06.0	rolling over this morning when I got up at 3 a.m. it drove me nuts. Why?
1:10.0	Because the paraphrase aligned from Miller's crossing you sell stocks for a reason
1:14.0	when there's no reason. It makes no sense for the market to go down.
1:18.0	Sure enough there was no reason. So when we started getting positive
1:22.0	values from Washington the average was recovered. Down all only finishing up 102
1:26.0	points. S&B advancing point for one percent. That's a gaining point for seven
1:30.0	percent unfathomable if you think back to just a few hours ago. When the market was
1:36.0	down this morning I searched for vein for reasons to explain to the client. I didn't
1:39.0	want to just call the future sellers a bunch of morons and it is the chowler heads
1:42.0	although it sure was tempting. I gave it the old grad school try. We don't natural
1:46.0	gas prices are through the roof. Do the public germes got a coal shortage and now they're
1:50.0	lecturing us about the lack of production. Even though germes have been leading the world
1:53.0	and pushing for more environmentally friendly sources of energy those to
1:57.0	pit their duplicitous. The Germans are heavily reliant on natural gas
2:01.0	from Russia. Something that's come back to bite them many times. Thanks a lot
	...

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