. >> "mad money" with jim cramer starts right now. week meantime, "mad money" with jim cramer starts right now. >>> my mission is simple to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere. and i promise to help you find it "mad money" starts now >> hey, i'm cramer welcome to "mad money. welcome to cramerica other people want to make friends, i'm just trying to make you some money my job is not just to entertain but do a lot of teaching here so call me at 800-743-cnbc or tweet me @jim cramer i know that there have been more spark. we even rallied at the end of the session. gaining 9 points as we inch up

i'm jim cramer. with shepard smh starts now >> mystery and fear in alabama with an inmate on the run. i'm shepard smith. this is the news on cnbc >> manhunt for an accused killer who escaped from jail and the guard charged with helping him do it. >> this is why it's an extremely dangerous person >> the surveillance video and the theories, plus the sheriff joins us on the case >> russians continue to pound mariupol from the air. >> evacuation now under way. smoke rises over the now bombed out mariupol steel plant where women and children have been holed up for weeks their stories and the treacherous road ahead

. >> "mad money" with jim cramer starts right now. week meantime, "mad money" with jim cramer starts right now. >>> my mission is simple to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere. and i promise to help you find it "mad money" starts now >> hey, i'm cramer welcome to "mad money. welcome to cramerica other people want to make friends, i'm just trying to make you some money my job is not just to entertain but do a lot of teaching here so call me at 800-743-cnbc or tweet me @jim cramer i know that there have been more spark. we even rallied at the end of the session. gaining 9 points as we inch up .1% and nasdaq sinking 23% but that is not tell today's story it is tough to enjoy the bounce because anyone who trusts in a rebound is mauled by one of the most vicious bears i've seen that is how you get seven straight weeks of losses you're never going to 2001 days before we find something this terrible at some point you think the sellers would say enough already, all rig

jim cramer last night said just go big 100 basis points do it. rip the band-aid off get it out of the way. do you agree or do we have the fed drag all year and parsing every word from every fed speaker every day? >> that sounds like a fun way to spend the rest of the year, brian. >> sorry. >> i'm in the camp that the fed is using forward guidance and rhe rhetoric we saw that this week to be hawkish. show the commitment to raising interest rates in a fast and furious way to tamp down inflation. they are really committed to lowering prices here now the question is will they be able to move as fast as they are talking and will the talk be enough to really dampen demand and do the job ahead of them before raising rates the fact of the matter is if they don't have a lot of tools in their chest to really help the economy and if we are going into recession or massive slowdown, interest rates are still very low and moving very quickly is going to slowdown the economy much quicker than anyone would like to see and it would put them in a difficult position

. >> new mont mining has sold off to take another look >> don't go anywhere "mad money" with jim cramer starts right now >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now >> hey, i'm cramer welcome to "mad money. welcome to cramerica other people make friends i'm just trying to make you some money. my job is not just to entertain but to educate and teach you so call me at 800-743-cnbc or twitter me at jim cramer let's talk about what we've lost the groups that are no longer working. the ones that need to turn around if we're ever going to guess a sustainable rally and out of this miserable period. these stocks are former leaders that have been taken out and shot just shot endlessly even as the fundamentals are often in tremendous shape. not good shape not great shape. fabulous shape after captivating the market for eight years they've become mill stones around the necks of investors everywhere and that is where you are end up with a situation

: don't miss a second of "mad money " follow jim cramer on twitter sending jim an email to madmoney@cnbc.com or call us at 800-743-cnbc miss something head to madmoney.cnbc.com. (vo) every business, big or small, coast to coast, needs internet that can keep up with its demands. verizon has fast, reliable internet solutions nationwide. so you can power your business to do more. find the perfect solution for your business. your doctor gives you a prescription. “let's get you on some antibiotics right away.” we could bring it right to your door. with 1 to 2 day delivery from your local cvs. or same day if you need it sooner. but aren't you glad you can also just swing by to pick it up, and get your questions answered? because peace of mind is something you just can't get in a cardboard box. that's how healthier happens together with cvs. (heartbeats) introducing icy hot pro. with 2 max-strength pain relievers. ice works fast... to freeze your pain and your doubt. heat makes it last. so you'll never sit this one out. new icy hot pro with pro-level contrast therapy. rise from pain. this is xf

i'm jim cramer see you u rrrrmomototoow.m"mad money. the ne"the news with shepard sm starts now >>>. >>> stocks plummet and recession fears soar i am shepard smith, this is the news on cnbc >>> wall street in turmoil. >> down more than a thousand point on the dow. >> oil prices up, nasdaq down 5%. >> uncertainty roared. what the market selloff means for 401(k)s, economy, and inflation. unspeakable horror at the bombed-out steal plant in au ukraine. >> that continued bombardment by russian air strikes in mare yoem. >> the new movements in putsen's war, and the pope weighs i

jim cramer agreed with him we won't know until we hit it. there will be a short-term bottom whether it is the bottom who knows. it will be a short-term bottom that send buyers into bonds. 10-year yield down to 2.84%. something else to watch by the way. we don't talk about credit we probably start to need to credit, debt, corporate debt, is starting to look shaky the jnk, the widely held high yield etf continues to fall. indicating concern about the balance sheets of some lower credit graded companies. jnk is down 13% this year. remember, especially as the credit people will tell you, that leads to the stock market jnk. something to watch >>> let's watch the other top corporate headlines, including new york attorney genejgeneral' office going after social media companies. bertha coombs is back with that. >> reporter: the new york attorney general's office will investigate social media companies including twitch and 4chan over the shooting at the buffalo supermarket last week that left ten dead and three injured. >>> nhtsa investigating the te

tweet cramer, #madtweets send jim an email to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. you're a one-man stitchwork master. but your staffing plan needs to go up a size. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire another crazy day? matchin of course—you'reption. a cio in 2022. but you're ready. because you've got the next generation in global secure networking from comcast business, with fully integrated security solutions all in one place. so you're covered. on-premise and in the cloud. you can run things the way you want—your team, ours or a mix of both. with the nation's largest ip network. from the most innovative company. bring on today with unbeatable business solutions from comcast business. powering possibilities™. world's steel maker when the fed is slamming the brakes on the economy? sending us into a recession to combat inflation i'm talking about nucowr. we rang

do not go anywhere "mad money with jim cramer" starts right now >>> my mission is simple -- to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job isn't just to entertain but to educate and teach you so call me at 1-800-743-cnbc. or tweet me @jimcramer. we're in the eye of the storm. only when we got down almost 20% from our highs did we reel liza the storm wasn't that violent. we're dealing with a normal cyclical downturn and not serious systemic devastation and that's how the dow rallied the nasdaq came all the way back going up 3.82% still a tough week but a nice finish i think we've simply been overrun by bad events which make habitual dip buyers too terrified to take action the parade of horribles is committed to memory by now ukraine, inflation, china lockdown when you add a fourth, the bitcoin crash it all becomes too much and

meantime, "mad money" with jim cramer starts right now. thanks" meantime "mad money" with jim cramer starts right now. >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer. welcome to "mad money. welcome to cramerica i'm trying to make you some money. my job not just to entertain, but educate, context, call me, 1-800-743-cnbc or tweet me @jimcramer prepare for the worst, expect th

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. >> the stay-at-home stocks lost half of their value since the pandemic jim cramer says he is buying shares of humana he put out that alert. you can get it yourself. sign up for more of jim's moves. crypto getting caught up as well coin base down 75% former sfo gary chavez -- marty chavez, excuse me, and good to have you here. i did want to start with bitcoin. art cashin was on before saying the instability we're seeing in crypto is part of the story here and i'm wondering if you see that as we're trying to figure out how much money has flowed in and to which parts of the market as it unravels how do you view it >> i guess i would step back from what's happening today and i would just look at a very big trend, the dematerialization of assets, assets becoming digital. when is the last time you saw a share certificate for a listed stock or a paper certificate for a treasury that is going to happen. bitcoin, stable coins, defi as fascinating research as experiments. i'm not sure how investable and will really accelerate this trend of everything. until that hams i would be wary. >> of bi

meantime, "mad money" with jim cramer starts right now. thanks" meantime "mad money" with jim cramer starts right now. >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer. welcome to "mad money. welcome to cramerica i'm trying to make you some money. my job not just to entertain, but educate, context, call me, 1-800-743-cnbc or tweet me @jimcramer prepare for the worst, expect the worst. hey, that's been the market's attitude for weeks now as the fed continues raising interest rates to cool down the economy. i know that sounds crazy on the day when the average spiked into the close. the dow surging 932 points s&p was soaring, 2.99% get this, nasdaq rock 3g.19%. but there's always a sigh of relief when the fed does what we expect them to do, even if it's the largest rate hike in 22 years and it could be more of a sigh of relief, but buying, when something unexpectedly positive o

tweet me @jim cramer it is the interest rate, stupid. that is my take on this market the yield and the benchmark 10-year treasury spike

see you back here tomorrow at 5:00 "mad money" with jim cramer starts right now "mad money" with jim cramer starts right now. >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer. welcome to "mad money. want to make friends, i'm trying to help you save money my job is not just to entertain but educate and put days like this in context. call me at 1-800-743-cnbc or tweet me @jimcramer. the fed is at war with inflation and they didn't exactly win the battle with today's consumer price index this morning we got another overheated cpi, not as bad as last month but too elevated talk about the fed winning or fight against inflation the fight to tamp down spending, allowing overstretched supply chains to play catch up, ease something of the strain of the labor market and, of course, make it so it doesn't cost so much for dinner. there's at least one front in this war where jay powell does keep winning and it's one that you and i

see you back here tomorrow at 5:00 "mad money" with jim cramer starts right now "mad money" with jim cramer starts right now. >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer. welcome to "mad money. want to make friends, i'm trying to help you save money my job is not just to entertain but educate and put days like this in context. call me at 1-800-743-cnbc or tweet me @jimcramer. the fed is

. >> new mont mining has sold off to take another look >> don't go anywhere "mad money" with jim cramer starts right now >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now >> hey, i'm cramer welcome to "mad money. welcome to cramerica other people make friends i'm just trying to make you some money. my job is not just to entertain but to educate and teach you so call me at 800-743-cnbc or twitter me at jim cramer let's talk about what we've lost the groups that are no longer working. the ones that need to turn around if we're

the investment management business of prudential. >>> welcome back to squawk talk to jim cramer right now about this employment number and what you think it means. is this a goldilocks number? if you're the market today, what do you think >> i don't want to necessary disagree with the narrative of two days ago, i look at this number and think, why did he take 75 off the table? this is a number where it's made for 75 they got a -- they got to keep rolling here they got to get them up. by the way, the bank of england, talked about out of -- how to stop inflation is with inflation. the people who run the central banks, i think they are oblivious to how strong these economies are. and they really got to -- they've got to slow them down. they have to and i think they have to slow them down now. but i just don't see it happening. not with these -- >> jim -- >> you got to take some big bites. >> for everybody who is watching this morning who is trying to figure out what they should be doing with their money in this market given the falloff that we saw yesterday, are you -- it sounds like you

they are not a bunch of clowns >> jim cramer, we will see you in just a couple of minutes. appreciate it. >>> and we should mention don't miss a double-header tonight on "mad money." stay tuned you're watching "squawk" on cn le.bciv ♪ >>> since they released earnings this morning, we've been shows you charts of walmart and home depot and these are two divergent stocks right now walmart down and home depot up home depot beat on the top and bottom lines and raised their estimates for the full year. walmart missing on the bottom line estimates and cutting its profit forecast as well. joining us right now, retailers like target that are yet to report and this hour's retail sales data too is the ceo and chief research officer at telsi advisory group what are your thoughts >> i think it was a miss on execution. you look at home depot, they were able to manage through the headwinds of inflation and they raised the guidance. i think we're seeing bifurcations in how companies are lapping last year's results and i think on the apparel side, we're beginning to see a little bit of a

jim cramer joins us with more. we were talking about what is happening this morning just the idea of the foreselling. is it an opportunity >> we are putting a little money to work. not big, becky look, all your guests this morning, dan ives on the other side look, there is just more down side why get in you have been working remember the dow was down 510, do you think we'll see that again >> the market hasn't even opened yet but watching what happens and just wondering maybe the bigger question, maybe we are getting into a bare market is this going to be a cyclical b bear market. >> i think the s&pj will be more they will come down and growth will be up year over year. s pretty hard to find that growth more than anybody wants >> looking at whatuber was talking about. in this market and how we expect them to make money we've known that was coming. this revaluation of looking at things the idea that even markets themselves will look at that you may think we are not going to spend as much on new hires and getting back

coming up, jim cramer's first take on the trading day ahead, prus much more on the markets. futures down about 330 stay tuned, you're watching "squawk box" on cnbc >>> want to get down to the new york stock exchange and talk to jim cramer we had esther george, jeremy siegel who's not that bullish, katie stockton who thinks maybe things get better by the fall. would you be nibbling rate now or not >> i think you have to nibble a little bit, but not big. it didn't do anything much yesterday. you can buy companies that i think make thing does stuff, but they have to be totally american we have chuck robbins coming on. and it's really possible to think that there is an epic disaster going on in china, and it's impacting so many of our companies that it is just very difficult to try to find one of the handful that is not impacted we're so intertwined with china. it's interesting the stock market's really important in terms of diminishing the wealth effect which may make people spend less i do think you guys earlier had some stuff about what the department stores did wrong. i mean

jim cramer is back coming off the weight of the s&p. euro inflation hits another record high and the embargo of crude. powell meets with the president. case-shiller home prices up 26%. that is more than expected our road map begins with inflation watch. the president unveiling his plan to tackle some high prices as

the ceo was on "mad money" last night with jim cramer. it is a gain of 11%. for all of the stories we heard through earnings season, this is one with significant upside and companies are desperate to protect from the cyber attacks this is where it is showing up >>> on the opposite end, ross stores shares plunging comp sales came in below expectations the ceo said the quarter started with stronger sales and under performed during the balance this is what happened with all of the retailers april was a tricky month colder weather and a lot of them have talked about that being a problem. you had really quickly changing consumer patterns. things buying were different from before. ross stores is the end of the consumer and more pressure felt there. that stock down 28% which is similar to what we have seen with shares of target this week after they wound up with more inventory and higher inflation pressure big question is when those pressure get passed on to consumers. that is what we are waiting to see. >>> meantime, applied materials of $1.85 missed estimates. the

do not go anywhere "mad money with jim cramer" starts right now >>> my mission is simple -- to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job isn't just to entertain but to educate and teach you so call me at 1-800-743-cnbc. or tweet me @jimcramer. we're in the eye of the storm. only when we got down almost 20% from our highs did we reel liza the storm wasn't that violent. we're dealing with a

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anyway, when we come back, we have jim cramer's first take on the trading day ahead. we are one hour to go until the opening bell so far, not so great for the futures. dow down by 220 points the nasdaq off by 166. stay tuned you're watching "squawk box. and this is cnbc cal: our confident forever plan is possible with a cfp® professional. a cfp® professional can help you build a complete financial plan. visit letsmakeaplan.org to find your cfp® professional. ♪♪ in two seconds, eric will realize (laughs) they're gonna need more space... gotta sell the house. oh... open houses. or, skip the hassles and sell directly to opendoor. wow. get your competitive offer at opendoor.com your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> feutures have been slowly sinking, 236 on the dow. jim cramer, i've seen people say, you know, for long-term investors these companies should report twice a year

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i'm carl quintanilla with jim cramer, david faber is in los angeles at the milken institute global conference. he'll have interviews. futures indicate little bounce from friday's brutal selloff ahead of a big week, with the fed's meeting and a jobs number and a third of s&p earnings. we are going to begin with that new trading month. the nasdaq taking the biggest beating down more than 13% for its worst drop since october of 2008, jim. a month that historically is strong for markets, not this time. >> look, i just think that there was a big give up last week, and i was hoping that maybe warren buffett would be able to give you a little bit of a sense of calm, obviously no i think that the calm is gone. i think people feel that this is the beginning of a major repeal. i want to know what happens if bonds stabilize. what happens if the fed makes a move and whether you shouldn't be thinking about buying a little we've held off, got a nice cash position for travel trust. time to start to buy why? because friday was so hideous, carl, that i cannot believe that that wasn't an event that smelled of

cramer . >>> don't miss a second of mad money. follow jim cramer on twitter. have a question, we cramer . send jim an email to mad money at cnbc.com, or give us a call at one 807 43 cnbc. miss something? had to mad hot money.cnbc.com. make fitness routine with pure protein high protein. low sugar. taste great. high protein, low sugar.. so good high protein, low sugar, mmm birthday cake and for a cheesy crunch, try pure protein snacks. (vo) verizon business unlimited is going ultra! get more. like manny. event planning with our best plan ever. (manny) yeah, that's what i do. (vo) with 5g ultra wideband in many more cities, you get up to 10 times the speed at no extra cost. verizon is going ultra, so your business can get more. you get up to 10 times the speed at there are lots of choices when it comes to your internet and technology needs. but when you choose comcast business internet, you choose the largest, fastest reliable network. you choose advanced security. and you choose fiber solutions with speeds up to 10 gigs available to more small businesses than a

. >>> the new york stock exchange, jim cramer joins us now. i saw one of your tweets that i thought was interesting. howard schultz is back but when he was sort of talking about what he needed to do, it was kind of jarring that it had gotten to this point, i think, was, and that's why maybe the stock is down so much. >> yeah, i mean, there was a guy there, kevin johnson, he ran it for a while. and if you listen to the conference call, howard's going, howard's not going to agree with me on what i'm about to say. it made you feel that whatever happened in the last five years, don't worry, i'll save you from it i'll fix things, and that buyback wasn't that good, i'd rather give it to the people you kind of felt like the thing had gotten completely wayward. i look at it differently they had a big covid outburst in china, and kevin got hurt by that, but when i listened to cole, i fit bad for kevin. kevin johnson, he did a pretty good job, but after i read this, maybe i have to reassess how he did it, and i thought that was kind of brutal, frankly.

i want to get to jim cramer. a lot of concerns out there. a lot of people want to know what you think they should be doing at this point. what's your answer >> i think you can put money to work here. this should be a clearing event for the fed. i think a lot of what happened on friday is a great calmness. pe peggy from t"the wall street journal" talked about it it's a dreadful thing. i just feel like we're now in that world where people feel like putin is deranked, he's liable to do something, and they don't want to be in. i want to take the other side and say he won't do it, but i totally understand anybody who thinks a nuke is there, otherwise, he's going to lose. >> yeah. and, honestly, if that's the case, the market's probably the last thing i'm thinking about, if you think that's a reality because that doesn't matter. >> unfortunately, yeah i thought you did a great job this weekend you know, they're cooler heads, right? they've seen everything and they're still buying very good stocks they make a lot of sense in the face of what is a m

i'm carl quintanilla with jim cramer david faber on assignment. futures trying to stem further losses as core ppi comes in lower. sentiment around disney, apple, downgrades with the automakers and credit card companies, tesla below $700 inflation fears fueling relentless selling on th

i'm jim cramer see you tomorrow "the news with shepard smith" starts now . >>> primary election day across five states including a trump test in battleground, pennsylvania i'm shepard smith. thi this is the news on cnbc. >>> president biden speaks to murder victims' families in buffalo. >> hate will not prevail white supremacy will not have the last word. >> his call to action and the latest on the investigation of the massacre at the supermarket. >>> mariupol falls to the russians now hundreds of ukrainian soldiers from the steel plant are in enemy custody mariupol aside, the fighting

. >>> welcome back a sneak peek at the cramer cam jim is talking with the ceo of xpo logistics. the interview at the top of the hour an "mad money." and you can have cramer delivered to your in-box sign up at cnbc.com/jointheclub or use the qr code on the screen. >>> rivian to a low today, the stock's worst day ever this after ford announced they will sell 8 million shares as the lockiup period expires. mike is here with the action mike >> yeah, so rivian traded more than six times the average daily volume we saw puts outpacing calls by 2.6 to 1 right now the option market is implying a move of more than 17% by the end of the week after they report earnings and the most active options that we saw today were the weekly 24 strike puts we saw 31,000 of those for an average price of $2.14 a contract if you think that's cheap given the stock's closing price of 22.5 bucks or so the stock declined sted lie throughout the day and they had were trading as the day progressed many of those puts are in the money already. seems like the sentiment is bearish through the end of the week. >> th

welcome to "mad money," welcome to cramerica call me at 1-800-743-cnbc, tweet me @jim cramer the market should have bounced hard today because interest rates were down and there's no real bad news. instead we got our usual crazy swoon before a decent recovery, the dow sinking 104 points and the nasdaq which has really been horrendous inching up 0.06%. maybe what we've been doing the travel trust, which you know if you're a member of the investing club is high grading, swapping it with lower risk stocks that better fit the current environment. we're still selling the high risk names that don't work, and it is painful. we want to be careful to buy stocks with storage that can handle a slowdown, we ended up selling getting -- a good portfolio manager never sells his winner to fund his losers, even if it's embarrassing. we're not complacent either way. we are very worried about the wealth discretion in crypto. by hang our heads on the ones great for stocks, but we can never stop looking for opportunity because that is what "mad money" is about and it is what it will always be about that's w

fuel to the fire nearly $2 trillion in options expiring today >>> jim cramer not pulling any pun punches. sh how he is calling jay powell to clean up or go home. >>> and one retail analyst is calling the market

i'm scott wapner with jim cramer let's take a look at futures because it looks like we are going to open higher this morning. s&p would open higher by about 63 the dow more than 400-point gain and the nasdaq about 250 points. our road map this morning starts with a really good consumer checkup. walmart with a big earnings miss while home depot boosts its outlook. musk's bot battle, throwing the fate of his deal in doubt over possible fake accounts and shares of city popping, warren buffett revealing a $3 billion stake in that bank we do begin with the markets along with today's results from home depot and walmart we really need to start, jim, with walmart it's good to be with you you're a fire-breathing dragon this morning on "squawk box" about walmart. i haven't seen you this upset about earnings particularly around walmart this is the second biggest gap down on earnings -- >> you got to execute. the problems that are affecting walmart are affecting everybody but walmart seems to have not been able to handle it you could argue, look, they don't have the managerial talent that's needed.

cramer this morning okay, jim, here we go. green arrows this morning. should we feel good about their has been short, he came in covered his short on the nasdaq. again, he is a trader. he feels that the sell-off could be concluding. what he really is focused on is that if we get down to s&p 3,600 to 3,500, he's not going to be a trader, he's going to be an investor he thinks it's at the bottom and it really is a great time to be able to take a shot. i like what he said -- >> wait a second, jim, back this up in case people aren't paying enough attention, this is important. you just talked to him >> yeah, just talked to him this morning a couple times he's been short the bonds, covered the bonds short. really feels kind of interesting trade here i just think that -- i'm not going to go against him. i think he's too smart -- major decision -- to covering the nasdaq was just a really great short. i think he's -- >> he said 3,600 yesterday the s&p goes to 3,600. >> right and nasdaq he thinks holds at 12,000 ten year, 2.9 to 3.2 but

i like to say this i'm jim cramer, see you tomorrow >>> seventeen mass shooting in america since uvalde the crisis in america. i'm shepard smith. this is the news on cnbc >>> the first funerals for the children one week after the massacre in texas. >> i can only imagine the parents, grandparents out there, wanting to go in and the police won let them. >> honoring the victims from robb elementary and searching for hope. >>> plus exploring the legal options for families and congress calls an emergency meeting to once again debate

the firm ceo spoke with jim cramer on "mad money" last night. >> the consumer is alive and well they are shopping. they are paying their loans to affirm well. generally speaking, things are going according to plan. the appeal of the stock market does not have impact on the underlining business which is performing really, really well >> investors could use a pop f affirm shares are down this year robinhood shares are higher after sam bankman freed has taken a 7% stake in the trading platform that would make him robinhood's third largest shareholder. and stock three is figs. it is tumbling sales missed forecasts. it makes medical scrubs and other apparel. itgained more clients and revenue rose, but figures is down with shipping costs down 30% >>> still to come, stock futures are higher across the board. bonus friday addition of the rbi and the two stocks that sum up the markets this year perfectly. you want to see this it's next. stick around when hurting feet make you want to stop, it's dr. scholl's time. our custom fit orthotics use foot mapping technology to give you personalized su

i'm jim cramer see you monday the news with shepard smith starts now >>> i am kelly evans in for shepard smith, this is the news on cnbc. as baby formula supplies run llo nationwide -- >> will the white house use a policy usually for war to combat it >> we are working very hard. >>> elon musk pumps the brakes on twitter >> it is a circus from the beginning. >> will the world's richest man go through and buy the company >>> the first russian soldier tries for war crimes in ukraine. >>> chaos in jerusalem as a palestinian journalist is laid to rest. >>> a convicted murderer on the run in texas after a daring escape >>> crash test dummy having problems now, the solution. >>> and now, saying good-bye to the ipod >> announcer: live from cnbc, the facts, the truth, the news with shepard smith good evening, tonight panic families are struggling to find formula to feed their babies super market shelves entreempty across the country parents searching for formula to swab or buy. four companies control 90% of the market their ceo tells reuters, he expects the shortage to last the rest of the year t

i'm jim cramer see you tomorrow the news starts now. it's the latest flu surge in 40 years. what doctors are seeing and recommending >>> why finding a new home gets easier testing drugs. >>> and the hotels being built to orbit earth this decade >>> live from cnbc, the facts, the truth, the "the news with shepard smith. >>> they wanted a shootout and they were ready to kill. the escaped inmate who survived capture rooer after 11 days on the run. he confessed he was prepared to die. that's what the sheriff revealed today after the fugitive pair met freedom's end in the indiana county that he protects. sheriff dave wedding says officers stopped that from happening when altogether they rammed their vehicles into the get away car and crashed it into a ditch. >> by our quick thinking, our actions, sometimes people may call that unnecessary action, but that action may have saved many of my deputies and fellow law enforcement officers lives >> the sheriff says kasey white and former correction's officer had all of this, four handguns, several semi-automatic weapons including this ar

cramer says, it is not so much as a stock market, but a market of stocks happy 2022 at least as of this morning, maybe a bit better than you think. random but interesting >>> up next, real world advice on what to do right now from one of america's top financial advisers. >>> during may, we celebrate asian american pacific islander heritage month here is cnbc closing bell producer crystal lau >> my best advice for the community is to speak up growing up, my parents taught me and my sisters not to be the squeaky wheel. what we learned is how important it is to find our voice and be the voice for others speaking out against injustices and advocating for yourself at work to the future generation, speak up exploring the heart of historic europe with viking, you'll get closer to iconic landmarks, to local life and legendary treasures as you sail onboard our patented, award-winning viking longships. you'll enjoy many extras, including wi-fi, cultural enrichment from ship to shore and engaging excursions. viking - voted number one river cruise line by condé nast readers. learn more at viking.c

>>> tune into overtime 4:00 eastern time jim cramer joining me right off the top. so much to talk tajim about. dannives has a new note on apple. that has been beaten up lately too. as has tesla cameron will be with me looking at the markets the things you're going to think about into the new week. costco reporting that's got to be front and center given what we had from target and walmart this week >> absolutely. obviously they were a good read into the consumer. i thinks as we look to costco next week and bj's yesterday, i'm following very closely to get a read on the consumer but it's a fragmented market all operators are working differently in the space >> would you be concerned now, given what you've got this week. >> 75% of their business is recurring membership and rumors they're going to raise the fees this summer. 31 times not there yet, scott. but down 27% on the year, 28 prer it's getting interested to me. good balance sheet well run so it's on my list for shirr >> it could be everything that steph esaid but the environment is a environment and a change n

they reported a strong quarter may 19th jim cramer has the ceo on. the stock has sold off from the double top i like this power pitch. >> so you're a buyer tim, do you have a smart board >> i got a surprise for you. look what i found in my closet and in fact, it's my smart board and it says i'm begging you because guy was begging me on the call to find my smart board. nice job, malcolm. very thoughtful pitch. i think some of the issues we talked about amazon. also the attempt buying duke i think tactically you have a buy opportunity here not sure you want to hold this one forever, but i think the stock's beaten up. >> two buys so far steve, what do you say >> yeah, technically, i'm going to go with a buy as well technically it's right at that october 2021 level, which is, it's got to hold $120, but he did alleviate my concerns that he has some time here on his bullish thesis >> karen >> i went with a pass. it wasn't so much about, i'm not a trader and it seems like an interesting trading vehicle here so i have a pass i wouldn't short it for sure >> t

david tepper tells jim cramer today, i covered my nasdaq short. as a trade, and he was specific to jim in that it was as such. none the less, is it time to start buying stocks, covering shorts >> as you know, and everyone knows, david can put it back on in an hour and he wouldn't be required to update anyone, and, you know, it's very different when you're in his position than when you're just trying to make smart decisions with your own portfolio and make sure you can pay for things like college and retirement you're probably not going to be that aggressive back and forth, trying to play both sides of the market i think if you skipped most of the economic commentary, and really just focused on technicals, you did yourself a huge favor the nasdaq broke down, in the end of february, last week of february, clearly below every major moving average and the s&p didn't really join it until the end of april here we are, eleven days into the month of may, and that trend continues lower, and the number one thing that we talked about, judge, when you have a

i'm jim cramer see you tomorrow the news starts now.