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Mad Money w/ Jim Cramer

Unity Software CEO, GlobalFoundries CEO & Roblox CEO 5/11/22

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 11 May 2022

⏱️ 44 minutes

🧾️ Download transcript

Summary

All three major averages closed lower and Jim Cramer is helping investors through the continuously volatile market. Then, Unity Software CEO John Riccitiello talks to Cramer fresh off earnings to discuss what brought the company to lower their full year guidance. Next, GlobalFoundries CEO Dr. Tom Caulfield joins Cramer as the first in-studio guest in more than two years to discuss 1Q '22 results and more. Plus, Roblox CEO Dave Baszucki shares insight on the company’s key financial and operating results from the most recent quarter. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

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

0:10.0

and I promised to help you find it.

0:12.0

Man money starts now.

0:15.0

Hey, I'm Kramer.

0:18.0

Welcome to Man of Money.

0:19.0

Welcome to Kramer, America.

0:20.0

Other people to make friends, I'm just trying to help you save some money.

0:23.0

My job is not just to entertain, but to educate put days like this in context

0:27.0

because they're difficult.

0:28.0

So call me at 1-800-743-CMBC or Tweet and get you Kramer.

0:32.0

Look, the feds that wore with inflation

0:34.0

and they didn't exactly win the battle with today's consumer price index reported in 830 this morning.

0:39.0

Yep, we got another overheated CPI not what they wanted.

0:42.0

Not as bad as last month, but way too well of it.

0:45.0

When I talk about the fed winner losing the fight against inflation,

0:47.0

I mean the fight to tamp down expensive spending,

0:50.0

allowing over-set stretch supply chains to play catch up,

0:54.0

easing some of the strain of the labor market and of course making it so it doesn't cost so much for business.

0:57.0

So there's at least one front in this world where Jay Powell does keep winning though.

1:02.0

And it's one that you and I don't want to hear.

...

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