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Mad Money w/ Jim Cramer

Triple Flag Precious Metals CEO, Big Tech Companies Not Doing Layoffs & AeroVironment CEO 4/12/23

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 12 April 2023

⏱️ 45 minutes

🧾️ Download transcript

Summary

The market fell after a cooler-than-expected CPI, with all three major averages losing steam, and Jim Cramer is uncovering the areas where rate hikes are actually worsening stubborn inflation. First, Triple Flag Precious Metals CEO Shaun Usmar joins Cramer to discuss the recent boom in gold and how the commodity has been impacted by the baking scare. Then, Cramer's digging deeper into three Big Tech companies who aren't announcing layoffs like the rest of the industry - and why that's a good thing even as Wall Street searches for efficiency. Plus, Cramer's exclusive with AeroVironment CEO ¬¬Wahid Nawabi. 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 somewhere,

0:10.0

and I promise to help you find it.

0:12.0

Man money starts now.

0:18.0

Hey, I'm Kramer.

0:19.0

Welcome to Man Money.

0:20.0

Welcome to Kramer, America.

0:21.0

I'm building my friends.

0:22.0

I'm just trying to make a little money.

0:23.0

My job is not just entertaining,

0:24.0

but then just getting teachers to call me.

0:26.0

What, 107 or 3 cc,

0:28.0

tweak the actual Kramer.

0:29.0

Maybe we just can't win

0:31.0

when it comes to calming inflation,

0:33.0

because we don't have the tools to stop it

0:36.0

where it's most intractable.

0:37.0

Once again, we got a consumer price index report,

0:40.0

and it should have cooler than expected.

0:41.0

.1% increase month over month,

0:43.0

instead of .2% number of wall sheet expected.

...

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