Market Sell-Off: Day 2, Mastercard Outgoing & Incoming CEOs, And Salesforce CEO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 26 February 2020

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Dow has fallen over 1900 points in the last two days, and Jim Cramer making sense of the headlines and helping you navigate the declines. Then, today, Mastercard announced its CEO will be stepping down effective January 1, 2021. Cramer’s sitting down with the company’s outgoing and incoming CEOs to interpret the transition and learn more about the company’s future. Plus, with news that Salesforce’s Co-CEO, Keith Block, will be stepping down, Cramer’s checking in with Salesforce’s Founder, Chairman, & CEO, Marc Benioff, to break down the quarter and discuss more about the company’s future leadership.

Transcript

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0:00.0	My mission is simple to make you money.
0:04.0	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.
0:20.0	Hey, I'm Kramer. Welcome to Man Money.
0:22.0	Welcome to Kramer, Erica.
0:24.0	Are the people want to make friends?
0:26.0	I'm just trying to help you make some money.
0:28.0	My job is not just to entertain, but to educate,
0:30.0	teach, try to explain this stuff.
0:32.0	So call me at 1-800-733-CMBC,
0:34.0	or tweet me at Kramer.
0:36.0	You have to hope for the best.
0:38.0	I'm not prepared for the worst.
0:40.0	Yep, talking about the coronavirus,
0:42.0	which the Centers for Disease Control now tells us
0:44.0	cannot be contained.
0:46.0	And that's really why the Dow plunge
0:48.0	in other 879 points today,
0:50.0	S will be plummeted 3.03% and the Nasdaq knows,
0:52.0	Dive, 2.77% on top of yesterday's hideous losses.
	...

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