Market Volatility Breakdown, Abbott's Top Brass, SAP Co-CEO, and Cloudflare CEO

Mad Money w/ Jim Cramer

CNBC

Investing, Business, News

4.3 • 4K Ratings

🗓️ 30 March 2020

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

In the face of growing unemployment and a worsening situation in New York City, Jim Cramer breaks down another day of markets rallying and the need for medical breakthroughs in a time of growing volatility. Then, Abbott's outgoing CEO, Miles White, and incoming CEO, Robert Ford, join Cramer to discuss their company's groundbreaking point-of-care COVID-19 test. Also, an exclusive with SAP’s new co-CEO, Jennifer Morgan, and her company's effort to assist the millions around the globe now working remotely. Plus, Cramer discusses the growing need for cybersecurity with Cloudflare CEO, Matthew Prince.

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 in 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.
0:21.0	Welcome to Man of Money.
0:22.0	Welcome to Kramerica.
0:23.0	I'll be one of my friends.
0:25.0	I'm just trying to make you some money.
0:26.0	My job is not just to entertain,
0:27.0	but that's getting teach you.
0:28.0	Call me 1-800-743-CBC or Tweet me at Jim Kramer.
0:32.0	When you talk to grizzled veterans about this market as I do,
0:35.0	they all pretty much say the same thing.
0:37.0	With unemployment spiking to record levels,
0:39.0	we're hearing 47 million people could lose their jobs.
0:43.0	Resorting 32% unemployment.
0:45.0	Stocks will soon collapse under their own weight.
0:52.0	According to Morgan Stanley,
0:53.0	we could be looking at a 25% contraction.
0:58.0	In our gross domestic product,
	...

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