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This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Tuesday, June 4, 2024. It also contains links to CNBC sites which contain video clips and transcripts.
(1) Jim Cramer says the stock market is a ‘work in progress’ toward a rate cut (https://www.cnbc.com/2024/06/04/stock-market-is-work-in-progress-towards-rate-cut-says-jim-cramer.html)
- CNBC’s Jim Cramer reviewed Tuesday’s market action, telling investors the moves might be a precursor to rate cuts.
- “You get a day like today, it’s a work in progress toward a rate cut, hence why we rebounded in the late afternoon,” he said. “We have days like today that are good setups for a rate cut, but that doesn’t give us enough evidence to truly move the needle.”
(2) Executive Interview: Why CEO AstraZeneca believes the drugmaker can almost double revenue by 2030 (https://www.cnbc.com/2024/06/04/ceo-astrazeneca-believes-company-can-almost-double-revenues-by-2030.html)
- In a Tuesday interview with CNBC’s Jim Cramer, AstraZeneca CEO Pascal Soriot explained why the drugmaker believes it can almost double revenue by the end of the decade.
- AstraZeneca announced in late May it plans to raise revenue from $45.8 billion in 2023 to $80 billion in 2030, as well as release 20 new drugs in that time frame.
Ticker: AZN
(3) [No Video Clip for non-Club members ] Executive Interview: Databricks CEO Ali Ghodsi sits down with Jim Cramer (https://www.cnbc.com/video/2024/06/04/databricks-ceo-ali-ghodsi-sits-down-with-jim-cramer.html)
Databricks Co-Founder and CEO Ali Ghodsi joins ‘Mad Money’ host Jim Cramer to talk access to data, competition in the space and more.
Ticker: DATA
(4) [No Video Clip for non-Club members ] Executive Interview: Every first call is going to be taken by an AI agent, says Cisco CEO Chuck Robbins (https://www.cnbc.com/video/2024/06/04/every-first-call-is-going-to-be-taken-by-an-ai-agent-says-cisco-ceo-chuck-robbins.html)
Cisco CEO Chuck Robbins joins ‘Mad Money’ host Jim Cramer to talk AI integration, its Nvidia partnership, and more.
Ticker: CSCO
(５) Cramer’s Lightning Round: SoundHound is a sell (https://www.cnbc.com/2024/06/04/cramers-lightning-round-soundhound-is-a-sell.html)
- Obsidian Energy: “You can hold it, but I’d rather see you in Coterra.”
- Energy Transfer: ”[buy, buy, buy!] You’ve got a winner there now. They have done a very good job.”
- Super Micro Computer: “I think you’re ok, but, look. Why not own the real deal? Why not own Nvidia?”
- SoundHound: “I think you should sell SoundHound.”
- Zim Integrated Shipping Services: “I want profits taken in that name.”
- GE Vernova: “Hold onto it. It’s just a really good situation.”
- Leonardo DRS: “It’s real good, and you want to hold onto that.”
- AES: “It’s time to take profits.”
Ticker: OTC [COTERA], ET [buy buy buy], SMCI, SOUN, ZIM, GEV, DRS, AES
(6) [No Video Clip for non-Club members ] Jim Cramer takes a closer look at Johnson & Johnson (https://www.cnbc.com/video/2024/06/04/jim-cramer-takes-a-closer-look-at-johnson-johnson.html)
‘Mad Money’ host Jim Cramer gets a check up on Johnson & Johnson stock after talc trial.
Ticker: JNJ
Other Stocks Discussed (calls with audience): Morgan Stanley (MS)
Ref: Links to other sites that relate to episode of June 4, 2024
- Podcast at Spotify (Sound from Spotify）
- Internet Archive (Video & Texts per minute）
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