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Mad Money w/ Jim Cramer

San Francisco Day Two: Salesforce Co-CEO, Nvidia CEO, Square CFO, & RH CEO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 20 November 2019

⏱️ 45 minutes

🧾️ Download transcript

Summary

The Dow snapped its recent gains, closing down 102 points, and Jim Cramer’s in San Francisco to make sense of today’s declines. Tonight, Cramer’s coming at you from the first day of Salesforce’s Dreamforce to sit down with Founder, Chairman and Co-CEO, Marc Benioff, to learn more about how the cloud has changed the way we know business. Then, Nvidia’s Founder, President and CEO, Jensen Huang, joins Cramer to break down the company’s latest quarter and to understand why the market is so confused on what to make of the stock. And, Square has a new CFO at the helm, and Cramer’s checking in with Amrita Ahuja to find out more about taking over the CFO position and what she sees on the horizon for the company. Plus, with Warren Buffet’s Berkshire Hathaway disclosing a major stake in RH, formerly known as Restoration Hardware, Cramer’s learning more from Chairman and CEO, Gary Friedman, to see exactly what Buffett found so appealing about the high-end furniture chain.

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 more work at Summer, and I promise to help you find it.

0:12.0

The man money starts now.

0:15.0

Hey, I'm Kramer.

0:18.0

Welcome to the man money.

0:20.0

Welcome to a West Coast Kramer.

0:22.0

I could take over.

0:23.0

I've been wanting to make friends.

0:25.0

Me, I'm out here in California to help you make some money.

0:28.0

It's my job, it's such a thing, but the educate and teach you.

0:30.0

So call me at 1-800-743-CBC, or tweet me at Jim Kramer.

0:35.0

Is tech in trouble?

0:38.0

Have the stocks gotten too expensive?

0:40.0

Do we need to worry about what might happen to the group?

0:43.0

If President Trump can't find common ground with President Xi of China,

0:46.0

and the tariffs get jacked up in December, which is certainly now the thought?

0:50.0

With the market at such lofty levels, even after David Adel dipped 102 points,

0:55.0

S&P backslid point of 6%, then asked at Gamepoint24%.

0:58.0

It's something a lot of money managers are talking about.

1:01.0

Today, Bank of America, Merrill put it out pretty succinctly,

1:04.0

a cleverly titled piece called Chichang Change is,

...

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