SAP CEO, Breaking Down The Nasdaq Rebalance & Cloud Comebacks 7/20/23

Mad Money w/ Jim Cramer

CNBC

Investing, Business, News

4.3 • 4K Ratings

🗓️ 20 July 2023

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Dow posted its 9th consecutive day of gains, marking its longest win streak since 2017, and Jim Cramer is eyeing all the action that helped stocks move higher in today's trading. Then, SAP CEO Christian Klein checks in to discuss how the company is helping its enterprise customers and the state of enterprise software spending. Next, how should investors approach big tech ahead of a major shift to the Nasdaq 100 next week? Cramer's taking a closer look at the upcoming rebalancing of the index to see how it'll impact stocks. Plus, Cramer opines on more of the biggest cloud comeback names. Mad Money Disclaimer

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 market summer,
0:10.0	and I promise to help you find it.
0:12.0	Man money starts now.
0:16.0	Hey, I'm Kramer.
0:17.0	Welcome to Man Money.
0:19.0	Welcome to Kramer.
0:20.0	I'd be one of my friends.
0:22.0	I'm just trying to save some money.
0:23.0	My job is not just entertainment,
0:25.0	but it's also an educate and teach you.
0:26.0	So call me at 1-800-733-CMBC
0:28.0	or tweet me at Chim Kramer.
0:30.0	We got what we wish for.
0:31.0	Hey, that's my takeaway from today's action,
0:33.0	where the dial actually jumped 164 points,
0:36.0	while there used to be drop 0.68%
0:38.0	and then ask that punch 2.05%.
0:41.0	Everybody said that one of the markets
0:43.0	that brought it out?
0:44.0	Well, welcome to the broadening.
	...

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