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Mad Money w/ Jim Cramer

Norwegian Cruise Line CEO, Etsy CEO and Square CFO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 7 May 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

The entire cruise industry has been in focus since the beginning of the COVID-19 outbreak, how is Norwegian Cruise Line handling the impact of the pandemic? Cramer has an exclusive with the CEO just after the company announced that it raised $2 billion of additional liquidity. Then, Cramer is talking to the CEO of Etsy – which sold over 12 million face masks in April – after the company reported its 1Q20 earnings. And, an exclusive with the CFO of Square to learn more about the company’s quarter and its role in processing PPP loans amid COVID-19.

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, and I'm proud to help you find it.

0:12.0

Man money starts now!

0:16.0

Hey, I'm Kramer!

0:18.0

Welcome to Man of Money. Welcome to KramerHarka.

0:20.0

I'll do what my friends was trying to make some money.

0:22.0

My job is not just in Kenya, but to educate and teach you so call me at 1-800-733-CMZ

0:26.0

or tweet me at Jim Kramer.

0:28.0

What if we have a vaccine?

0:30.0

I mean, that's for today's value.

0:32.0

It's all about a virtual dry run.

0:34.0

Just in case Moderna is really able to produce its COVID vaccine amassed by the end of the year.

0:40.0

Normally vaccines take years to develop.

0:42.0

The speed record is four years from MOPS.

0:44.0

But Moderna uses artificial intelligence by the way fueled by Amazon Web Services to speed up the drug delivery and discovery process.

0:52.0

Their COVID vaccines already going to phase two trials in the shooting for phase three this summer.

0:58.0

That's incredible!

1:00.0

That's much faster than anyone believe possible not that long ago.

1:02.0

And if it works, if there are no serious side effects, that would change everything.

1:06.0

Oh, how many ifs? There are mighty big ifs too.

1:10.0

But today's rally gives us a glimpse of what the future may look like if Moderna works with the Dow up 211 points.

...

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