Mad Money w/ Jim Cramer 12/4/24
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Once a destination for powerful house, now of money making powerhouse, driven by money, power and faith, cities of success saw like city premier to seven tennis R C M B C series X M one twelve.

My mission is simple to make you money. I'm here to level the playing field for all investors. There's always a more work in summer, and I ponied to help you find them.

Their money starts now. Hey, cramer, welcome, made money. Welcome the crammer, my friends, i'm just trying to make a real money, my job, not just explain, but to entertain IT tage so can be one hundred separate.

Cbc, we B2Crime now lon ga, we are constant told that this A I stuff, pure hype. Cording, the conventional ism, there was no way could ever live up to expectations. But after speaking the mark bena, the CEO of ketchum sales force, less night, no way.

I think that not only are there no hollow promises be made here, but the fruits of the off bended about terms like, in general, AI accelerated computing could be far sweeter than anyone thought possible. That's right. I believe that reality behind the buzz ds may actually exceed expectations, perhaps even dramatically.

And that's to reason my sales, four thirty eleven percent IT deserved to takes action, was all about self force to some others in its week, with the down gaining three and nine points. A lot of IT, because of the gain in the socket cells were, remember red that A A group of copies? Yes, be the point.

Five, one hundred and course the voting one point three o percent. I H I try not to go into too much Better about the power by I because i'm sure you're sick of hearing about IT. Now i'm thinking I don't talk enough about at all.

There's just too much money being made, and I don't want downplay that because you know what? Anything that makes you money will count me all in. Here's the brick history first and video provide the platform. The harvard in software for all good things will come.

They changed the world with the two prong assault in the status is a computing really fast and generate I we just didn't know that at the time for five years and us a video CEO, jon wang has been telling us that as fast as chips could up and everything changed, the world change you from Better. And more importantly, his full stack would reduce the cost of ownership and give customers a massive evatt. But until recently, we anno idea how that would actually were tangible, but no tangible evidence.

Then exactly two years ago, we saw the power of this platform with OpenAI ChatGPT. Until then, video looked down upon by clueless technos to make our video game chips until was king in video is on this point with some industrial wins. In video become maybe I on night bishop, but practically night because of generate I an acela computer.

And video become crown king in tells not even on the b board anymore. Even then, IT was hardwork explain the value proposition to you, though, because what is generation? I even do what kind of a part of game, right? You you look like you.

Lots of fun, but nothing really commercial. Nothing to make money from now, Jenny, on protests everywhere about a new industry revolution, but none of this that seemed life changing for all but a few. And they know the tech, the center.

Oh, sure. We were aware that there were gigantic cloud infrastructure businesses, amazon observes because of asian google cloud oral cloud infrastructure. We knew that tesla was ordering everything in video made or least try to, but I never got enough.

And so we're mix of google, amazon, the matter. They were packing invidious chips into these data centres all over the world. But you know what a data center was? sure.

Tests needed the chips for driverless cars. Micros needed them for ChatGPT copilot google for german. I met up for met A I starts like topic seven billion dollars investors, good. Amazon and google treat some cold cloud, not like claude range, but like cloud. But again, we just couldn't figure out how the heck they were going to get a return on investment, baby.

To summarize things, proof wrote documents, monae, and of course, to write, turn paper for college, because his parents spend eighty thousand dollars of years so they can become chat, P. T. proficient.

sure. The tech titans had the money to spend, but I started to feel like A, I was some sort of multibillion dollar joke that none of us were in one. I mean, why did oracle found a Larry else and say, three months ago, we have one hundred two data centers.

Now I expect love one thousand or two thousand or more oracle data cloud centers around the world. For who? For what? Nobody can.

Article ate one practice idea that seemed to make economic sense, save the digital twin, twin, a way to build factories with less waste by construction. A digital AI inspire prototype as well. Be something revell model building IT member.

Those at this point, some of the smartest st. People I know started, say, a lot of hedge function started saying, you know what, the I jim cramer had drunk the A I. Cooling for believing that was anything big here other than a phony arms race, I stuck to my guns.

Although other service now, which was using in videos, platform and networkers, more product that people didn't see you. And then last night, thoroughly, we got the confirmation event waiting for whee sales, who was reported back september. That celebration involves tag dream force cel mark benton created called agent force.

They glabrous with humans to improve customer relations and many more things. IT was the first time we had heard about the customer indulge to AI, though it's always been internal him and unknown, like agent tics, some made up word that nobody could explain until now last. I bend up, put on a clinic.

He explained that there is a new concept. It's called digital labor. It's a whole new workforce. When they work side by side with Harry blegen employees going to be more productive, but they cappy because that to do too many jobs in a world where hiring extra people just has become way too expensive. So bly that we have agent force with IT, mark said, I quote, we're unleashing this new year of digital labor force for every business, in every industry. He went on to say, quote, the implications are just simply profound.

Now, people were to me for saying how much we need A I, but mark says, quote, for decades, economic worth dependent on expanding the work, human workforce, IT was all about getting more labor equal, not anymore about the agents power by AI who have you're dating, work faster, doing tedious things, but essential jobs that nobody wants. And there IT is you, that mark got two deals in the first week of asian force alone. Lots of brain name companies too.

Are there thousands more in the pipeline? Real customers, real money. And that's an insane amount of business to doing an orbital of great.

There's a large bin consensus that A I simply about replacing people. Well, that is just completely wrong. Jackson never said he was going to tap that APP. He said he was the first part part. But now people believe he said I would be create more jobs.

I really thought people, I will give me a break, creating jobs that couldn't be afforded before making people more process, allowing and to do more business, helping customers and deeper ways. That's what this is about as mark potter pote. Jobs are going to evolve, rules are going to shift, and businesses will need to adapt and quote, you know, left out two words or die.

Sure, it's gone to be expensive about front window that demand for data centers, computing power is actually accelerating. That was listen this time from marvel tech, their conference school. Wow, we heard that one in add partner with everyone, including A I, to make a chips clear.

Meta, amazon, google, max sock. Get to those two big quarters last night. All I can say, these tech titans aren't over building some misguided arms race.

They're simply trying to keep up with the man, both current and perceived. We'll need every invidia full stack they can get their hands on. If none of that makes any sense, you just look at all the at the stocks.

Salesforce stock finished up a eleven percent more value jump p twenty three percent. Now there are always be people, but we now have that crucial use case that we've been waiting for agenticity. They're only taking away the job.

We don't want that we can feel give me a more time to do what we're actually good at with lower birthrates, with fewer people, the work force, maybe we have no choice but to bring and sales worse, to plug into the data center to discover what jenson is being predicting along. Now we had the digital labor force. There's your revolutionaries.

Here's the bottom line. When this new industrial revolution takes so off, you won't want to speak to a human. Better don't have the time to talk to you. I say, give me the asian force. Bring on the gentis. And thank Kevin for the digital lay force so that we can do real stuff, not the tedious test that we were made, that we've been made to do everyday because somebody's got to do IT, not anymore. Now machine can do IT, but IT does a Better than weekend.

jeff. And for the jeff I love show, um my wife and I watched every every name particularly enjoy IT because the start of IT coincides with the start of cockle hour around here .

wow but IT gn t or not actually the winner I think I had to do on a calling twelve or plus or my voice miss will go ahead.

The stuff I was going about was down her, I wonder in the past, seems to be solid company, good management, a meat projections and has a divided but the last sixty days and taking a precipitates drop. And are wondering if this should be a good entry point or if there's something going on that I should be .

there's nothing going on other than good things we are for the child. Trust me. They drop the hammer when they said the china business hasn't come back enough with the china business is not gonna be any stimulus head care that we see what trump us.

So what i'm saying is by day and her, now this is the cheap est that i've seen dinner, her in my lifetime called the trigger listening A. I is giving a some real examples of how we create new industrial revolution. I think he couldn't come soon, soon up. Remember these terms agenticity digital labor force, yet used to the mabunu. I'm hearing what your bottle more class.

Now he was retiring to make the move over to the washing commanders on my copy, some of the credit work he did, the hell of the soup pink pin and hearing, what's an eraser for this great man who's also that? And I can jump tired in today's tape. I'm learning more about what wall feet light in the form with the company's stores. So stay with cramer.

Don't miss this second of mad money. Follow at jim cramer on x have a question. Tweet cramer, ash tag four, three.

C, N, A C miss something pad to mad money. Does C N B C I come? Once a destination for powerhouse, now of money making powerhouse, driven by money, power and faith. Cities of success saw leg city premier to seth tennis R C M B C serious sex m one twelve.

Well, spring, I started highlighting the impending turn out, a crack bowl old country store, that's the restaurant chain with the retail kicker, best comforts of highway locations, venue for comfortable. At the time, I told the new CEO Julie co. Could orchestrate a come back.

I also recommend waiting to buy in the weeks because I feared packer bi t shored up. That's exactly what happened. IT was worth waiting.

The stock cap trading a little bit lower through the summer and in the fall, but more easily. Cracker brows going to rally after booming and just under thirty five dollars, but septembers were back to fifty four. And change and lesson three books part that's because they pronounce some great numbers.

Remember four teeth s, which why the stuck can react much would when reported for. So what's happening here is that all coming true is that where I had a schedule maybe well, just head of itself, let's go straight to the sort of duty is um she's the president and sea of packager old country sure. I think this is for real. That's welcome back .

to me gem.

It's great to be here. Okay, the help line numbers that just go there, cops store sales up two point nine percent. This is the second quarter row, which you were well ahead. So so i'm saying that the turns here.

well, well, you are very kind. The team is working so hard. I'm so proud of them really taking care, I guess, every single day and making sure that we're executing well today and really setting up the company for the long term.

Well, i've gotta tell you, I think one of thing you've done, you've heated the call. You got eight ninety nine early dinner, which is even cheaper than a place that I have to say. I like a lot tech us.

a lot of people like texas for house. Now our early dine has been really phenomenal. We launched to back in february. It's taking up as a percent sales every single every single week, every single day. But really it's our way to invite people in and say, we got you when you know value is really important out there. But cry beryl is all about abundance .

at a really great yeah .

at eight and ninety nine, you can have chicken and dumplings are meat love there's okay, a great items. So and then don't forget we've got our sunrise pancake special, which is all day as well. That's at seven ninety nine. So if you want .

breakfast for dinner, breakfast all day long, we got a OK thanksgiving action.

Important how? Thank you. And huge shadow to my teams who worked so hard. So let me put that in perspective for you. We saw five point five million guests last week for thanksgiving, a Normal week for us to three .

and a half million. We had every rewards .

me just about IT and .

what we think it's amazing.

Honestly, it's such an honor that people spend their thanksgiving with us or were a huge and serve business where people invited into their homes to take care of their family and friends for that day. So it's a great day for us. And by the way, every thursday is thanksgiving a cracker bill because our roast turkey is on our daily dish that's available every thursday.

Now how about you? You were talking about you're doing your trials, your renovation. You seen what's working. You're talking about hello, medium, how echo.

It's going great. So we've got the four stores from fiscal twenty four that we talked about when I was here the last time electively. We still got sales and traffic improvements there, and I got IT out of me the last time I was here.

Indian APP list, which is our first big market test. We finished our last bigger model there right before thanksgiving so that we can welcome everybody in. We've got marketing hitting there in the next weeks of lots coming in there, but really excited about the opportunity around these refreshes in the remodels.

These are anyone and put the working you think they will.

Actually, the consumer feedback is been amazing. People love how light and bright they are, how welcoming. And they still feel like crb irl.

Our team members love working in them. They feel refreshed, rejuvenated, IT. So feed back has all been positive and more experiencing sales and traffic lives. So we're trying .

to get the algorithms member. How about this retail business where you want .

retail business? Retail is seven hundred million dollar business for us. I think a lot of people lose track of that in the cracker barl story.

But remember, we send you through the shop on the way and and the way out. Great gifts. Black friday was last friday. We started with A A new promotion, their season of savings, which has been an amazing.

我 调 本来 让 我 see the .

wings is ten days of great deals。 And so you gotta come in every single day, new deal. So, so an amazing, like ajas to great gifts, everything in between.

Okay, now at the back of the house you're starting dress. I think someone on restaurants back at the house is often where there's a lot of things to go wrong, to have to go right.

That is very well said. If we don't get a right back there, there's no way to get a right for the guest, right? And so member, when I was here, the last time we talked about the metrics s that matter, make sure that we get food out to people in a quick time.

It's made recipe right or executing well in restaurant. This is kind of the next space of that kind of pillar two and pillar five putting them together. So it's easier for our team members to do their jobs. We're really maintaining quality and making sure that our homes cook delicious food, gets out to get in the right way or making IT easier. So face one is and right now, we're getting ready to roll IT to a region and then will take you to the whole system in q three to .

the world world program. It's a rather big one that you picked up just one year. You obvious ly have a lot of fans to the restaurant.

Yeah, we do. And what I love about our loyalty program, more than anything, it's so cro gim. It's like it's restaurant and its retail. You can earn and redeem on both sides of the business. And I think that's what people are really resonating with.

So if you want to only eat in the restaurant, but you still can get your rewards on the on the real side as well. So six million members already and growing. They're spending more.

They're coming more often. It's a great program. Friday, I first had that, I don't know, kind of off the ground there.

What is that country for? Turkey is a returning favorite for us. It's part of our holiday menu.

And believe IT or not, we are almost out of IT. So you've ttl come in and try IT before it's all gone. It's only here through the holidays, but I think we're probably going .

to I do at me. I know you don't call him a time of IT, but there are some exciting .

things that you've ttl get before they go away.

Well, one of your favorites is pie and IT is pie season at actually, to me, that was me fifty pounds ago. You knew me anyway. Look, I am so thrill that you came back to five pullers a long term strategy check and off and doing your blocking and tackling at the same time. We give the barbecue ribs and pot rose. Those are things that we want cause that's what we had because our mos made well.

I think it's just what we do well at cracker world, right? We're playing in our game our way, giving you delicious country hospitality all at a great Price.

And the same time um you're doing I know that you're doing some favorites that people really love yes, the fried apple french toes and the cinema school french toast breakfast oh truly resonate shepherds pie this how did you know what resonate forces what does we talk .

to our guests? We talk to our team members. We really say what's uniquely cracker? What's the space that we can own that nobody else is in, that feels like us, that we can really deliver on and deliver a great food in a .

county hospital? I was so right. That's how you have to do IT.

I want to thank Julie, my president of backwell. The turn is here, the turn nis here. You just heard that everybody back again, right?

Coming up. Cramer digging into how one iconic american brand is cooking up change in the board room and beyond. He's got an exclusive with the CEO next, once a destination for powerhouse, now of money making powerhouse, driven by money, power and faith. Cities of success saw leg city premier center tenison C M B C series sex once twelve.

For years, CEO mark classes worked tirelessly to orchestrate to turn around a campus soup. Now there is a campus company, i'd say, done a pretty done good job, although that's harder to tell from the stock because it's in the recent months that that's mostly they tied the rotation out of the defensive consumer tables. They are all have not happened last night that we learned era is coming to an IT.

He's taking over his president, the n fell watching ton commanders with a mic bake house and currently the president meals beverage coming, the new CEO affect fab one bitter sweet of both the camps. I love what markets done to turn around the old camps, and I love that he was a fan of the of eyes. But when your sports fan like we both are, and you get a chance to get to be a home show at any in a felt team, you take IT.

Now cables supported this court that is a slight revenue miss couple with a modest earnings speed management reera every line of the full year forecast, they just not got hit. Heart done more than six percent. So I can tell that response to the quarter or the leadership of change.

But you know what I can tell, it's more of the latter. Let's take a close to look with mark class. Is they now outgoing presence of camels company to more? Mark, congratulation. New job and welcome back .

to my thanks, sham.

Great to be here with you, mark. Your leadership. Uh, what you brought to the company, what you bring to the ranks of business people will be sorely missed when you go to a private company. But I think you've got ta be proud of what campus has become. What are the highlights of what you would ever accomplish .

during your ten yeah thank thank you, jim. Um well, first of all, obviously in a journey like we've been on a camel over the last six years, this is in no way a one person show is a tremendous team. Um I believe strongly i've got the best leadership team in all of the industry, and I think we have work very well together to really transform the company and get IT ready for this next chapter within the industry.

We talk a lot about a having all of the pieces now in place to really set the standard in food going forward. And so when I look at this, I think about culture and team. I think about portfolio transformation.

You look at the the businesses of the brains we have today, um we have moved dramatically from where we were six years ago. And as I think about the capabilities in our track record performance, doing what we say um and delivering on our objectives has been a critical part of the story over the last six year. So I couldn't be more excited about IT. And to be quite Frank, I I couldn't entertain leaving if I didn't .

think we were in this position and ready travel a modern day food and never seen anything like IT solely snacks. Incredibly hot and salty snacks causes a little bit people don't like, can soup and can soup comes back? Rails was a great acquisition maybe five years ago. I wouldn't have been. How do you explain the changing test and styles of the american public?

Yeah, I look this is a dynamic job and a at a dynamic industry that we're in. But I think if you follow the track of our industry over time, uh, we have A A great history of evolving with the dynamics of consumer in any moment, uh, that we is an industry experience. Some of these changes uh, in taste or profiles or or what consumer maybe looking for as a relates to health and wellness are different occasions in the day.

Um this is an industry that is demonstrated the ability to respond. And I think cables, as I look at what we've built now in the portfolio, I think we're very well position, if I think about major trans and food right now, whether it's looking for elevated experiences, things that, uh, are a bit more premium, a little bit less trade off, these are where our brains little if I I look at convenience and value, uh, is another you know, key areas of growth. You know, our meals and beverage portfolio lives in that space very well as. So what I really feel like we've done in, and I think the industry will continue to do, is to evolve to meet those trends. S T, I think we're well position, uh, within that space to be ready .

for this next chat. I think the rails was brilliant, but I too have been surprised about how brilliant IT was. Why did that work? So yeah.

I think honestly, you have a product that is just that unique and that special. And at the end of the day, in food, right, we talk a lot about the marketing and the promotion and and all of the variables that go into IT. But at the end of the day, uh, this is about experience for the consumers and this product just special and IT IT lives in a space uh that meets so many needs for consumers. And when you match that quality with that important uh convenience in occasion of meeting what mom needs for dinner, uh IT creates a powerful story. And I think that's what rails is really done in at the end of the day, the team has done a mashable job of building the brain, the expanding IT driving innovation, all of IT built on the foundation of incredible quality.

Now you know, I can't resist going there. I think you're wearing already a bit of a commanders out. And at least when IT comes to the shirt, I want people to know.

And my friend dave tags like this was a pisa, fred, but you the but the path or shot paths business came up. IT was a franchise and he took IT a you is IT mix that you and I both know you, you go from Kelsey's been such a great post view. I don't know.

I mean, josh Harris, I know he's the the owner. He's great owner of a basketball team, and thought out what does IT like to have to cut a switching leers, even though we both know the nf fell. Is the king?

yeah. Look, I am I am immensely grateful ah to josh haris and the others ship group of the washington commander. This is a an opportunity that I really see coming around once in a lifetime.

And I could not be more excited about what that team is doing. You and Peter in queen doing an amazing job on the football field. I'm excited to come in and support them and support the team at the commanders to to build what I think this is one of the greatest potential uh in the in the n fell.

And so when I think about what am I excited about, i'm excited about being part of that. And as much a tracing calls A I love and it's been a great a partner for the cables company. I am all in on the washington commanders got my burden, go ready to go and its rays hail time now. And I have to forget all that good birds.

See with josh i've met you were more attracted the fact that you are distinguished fat already care more about what you've dumb with campus and what was the attraction both back and forth.

Yeah it's been a great opportunity for me a being here in philadelphy and and timed in um and being in such close proximity ity to the six or organization and the here splutter organization and and I had a chance to get to know a josh i've got no ted Brown as C E. O. there.

Blitz and David blitz as well. Um and I think what really you know struck that kind of match is very similar values, very similar drive and purpose for building winning organizations and cultures. And I think the fact that that we've had the kind of success we've had a cables while also um having A A A background and a track record of doing that in some a different and unique environments, I think that combination fits well with what they're trying to do with the commander organization. But I think at the end of the day, I just couldn't be more excited to be part of that value system. Uh, the dash and the other h owners of the commanders have really put in place and excited to be part of that here in a couple.

I had I til like josh very much in the team, in the owners and book. I don't think you were there on the old guys. I certain know that this the right spot for you more cos campus. I miss your body. You know what?

I'll miss you to get those eyes.

Yeah, they enjoy the bay week. I talk you here .

to the.

Coming up, cybersecurity company occurs on the move after earnings creamers, identifying what's driving the identity software company higher with the CEO next.

Just over three months ago, got pretty good car from OCR cybersecurity players, one of the leading players, and identification, I might say, even though in player, but because one one of their guidance came like this, not got a blitt four, nearly eighteen percent of civil day, I told you, I thought was just a ridiculous overreaction. You don't want to bet against quality cyber security office in this environment. Act as one of them.

sure. up. When the cup report again, less IT shot, light up very old top and bottom B A.

Across the board to business, even though they made some cautious comments about a chAllenging micro environ, still wasn't not to start from fishing. The day up more than five percent. I can to keep running in the child kid. He said, covin, C, O, O, A, get a Better or my body.

Thanks for my jam is going to be back. How yet this spectacular numbers here.

And one of things that really shocked me was the government finally seeming to realize the threat act. The threat act is out there in an environment which you said was probably the worst ever. Is the government finally spending enough to make IT so that we should feel safer?

It's not just the government. Every industry, every company is starting to realize that identity is security. And we're starting to understand that eight at a ten cyber breaches are caused by a fish password or reused password or some kind of identity attack.

And the government is investing to solve these problems, are investing in modern identity systems that are adaptive and integrated. And when you look at our quarter of our top ten deals, five of them more in the us. Federal government. So like a lot of industries and companies they're investing in because they know cyber er security is is critical and they no identity .

is the y to get there something I hear that I always think what were they thinking? What what kind of protection did they have?

Well, it's the traditional way of securing things was you make sure you have antivirus on your computer and you make sure you have a good firewall and you call IT a day. But that's not good enough anymore. With everyone working from home, with people using cloud applications, you really have to have all three.

You have to have incredibly solid identity protection, and you have to have great multi factor, the indication, fishing resistance, multi factor authentication. You have to sold in point and solid network security. It's that triumph of security technologies. It's really key as something called zero trust, and everyone is getting I borrow that and investing .

to make IT a reality. Does microsoft have that? You've got to slide this time page sixteen of peer choice for a microsoft. Every time there's microsoft t for all those three.

it's the tale of two world view. Microsoft world view is by everything for microsoft, get you your computer, get your security technology, get you your applications, get your cloud infrastructure. We have a very different world for you.

We think that customer should have choice. We think that you should choose the best in point security product that's crowd drag or something else. You should choose that if you want to choose the best applications to collaborate, if you want to choose the best framed cure technology, give ice flexible and lead you to great outcomes. Great outcomes comes for your business, for growing revenue, for having great user experience.

the most important to keep IT all secure. Well, look, I think that we had more people talking about copilot, maybe not working. Get IT IT comes with the process.

So when I listen to what you're saying, you get microsoft t and microsoft t is really huge. And I always think that people say, hey, I did, but I didn't do anything wrong. That was like the way I member IBM used to be that use IBM. But you know what I did the best that's longer could not visit.

Well, the world's changed and especially we will narrow IT down. We're talking about the broad technology landscape, but we narrow IT down into the world of cyber. So cyber is sounds basic, but it's advisable.

People are trying attack you. So that means that if you have everything from one vender, you don't have that layered resilience of a best of british system is going to keep you more secure. So that's why it's very important. Something were investing heavily in is to make sure we have robust and complete integrations to be able to share risk assessments and risk signals and take actions when there is, uh, an issue in any any part of your infrastructure to make sure your entire infrastructure, your entire cyber ecosystem is aware of that can .

keep you defended. Now do you think you mention to begin to school thread vironment has never been more hostile taught. I don't here as many public big issues right now.

Are there other maybe I missing you and I don't hear big hacks. We did hear them. Of course I you're quite familiar, but I wanna know whether the things have come down at all in the same time. You things more house.

I think there's you just look at the data and in the amount of ransom and the count of breaches, IT is bigger than ever. And also if you go around the world, I was in australia couple weeks ago, they're talking about big breaches there. It's it's global, it's impact for I think one of the reasons gemman might not sound like as many as because we're going to use to IT. We're all a little, but that doesn't an the stakes aren't high and it's up to all of us to stay protect.

Well, when he gets not like that, the worst things happened. One of the things we're very excited about is jai, and we're really excited about about asian force princess. We're really excited about agenticity.

I didn't even think til I read your stuff. Oh, for geni, we should be modeled, just be excited. But we should be a little bit more concern about this new um let's say, Billy pots if we have .

pretty good technical standards for when a person logs into a website or a mobile APP, how to do that in a way that uses by metrics and can be fished and can be attacked? We don't have the equivalent for agents when agent, by definition, logs in the multiple systems on your behalf. And the problem with in a lot of these agent frameworks, they have the equivalent of the passwords written on the sticky notes on the monitor inside the agent.

They don't have a good standard for doing secure fishing resistant authentication and all the systems they are connecting to you on your behalf. As you can guess, that's not great from a security perspective because if one of these agent get compromised, then the person that compromises the agent then has access to all those systems, your calendar and your bank account and all the things that these agents are going to do on our behalf. And that's a problem. So we're trying to help solve that problem with the product. We all off for gene and its really trying to help set some standards on how this industry should work in a more secure way.

Is anyone else competing with you on that?

I think the whole world is rushing to figure out how to build the right platforms and building different pieces of the platforms to make this possible. So I I would say it's more of a industry collaboration to define the next development platform for agents, and we're trying to do our part.

Now I know you're winning similar big deals. I have to believe that some of them are just for these global system integrators because I wouldn't know if I were a major CEO, my job was to make cookies or my job was to make a sota. I would not usually know how to get worry about about identity theft. They're going to G, S, S. And those G, S, I are going to you.

you, you had the now had there these these ceos and these boards, they they know a lot. And one of things they know is in most times they have technology that they've a massed in different waves in different generations of technology over thirty, forty, fifty years. So it's incredibly complex.

And then at the same time, they know that there is this revolution for for an A I and agents and chat box, and they want to take a advantage of that. They want to be on board with all that innovation and driving their companies. And they also know that cyber is a huge issue.

So the global systems integrators are key to help them understand this all and put all together. And and we're luckenough to work with all the best global systems integrators to be the identity partner of choice. So when they go there and try to modernized help, this company is modern.

Their modernized, their text stack. Part of things are doing is modernized in their identity stack and were the clear leader that's the only modern, independent, neutral identity player. And that's why they turned us.

And that's definitely part of our strong results of the top ten deals in the quarter. They all involve some kind of partner. So um that's an important part of our strategy.

And it's good to see a well, I think that you are that you deserve to hear congratulations on a great quarter. And if this the first a very long stretch because you are the in the space, as you say else, these integrators would not be picking you. They know more than we do want to think top and cheers and see of arctic time.

Welcome back. Thanks to absolutely. I talk your suit. My body is back up in the .

break coming up claimer takes your calls and the sky's the limit is so fast. Fire lightning next.

There's a million reasons why I love my job, but I really think one of the most meaningful things so i've ever done to start up to C. B. C.

Investing club IT is a labor of love. And many people everywhere I go tell me they have learned so much about how to invest the right way. Tonight i'm give you this little.

I want to share special Opera with my dedicated viewers who are each just learning how to build long term wealth hour goal offering our best deal of the year for one more day. That's IT. So we can, the U.

R. Code here, visit C B C dot com slash cremer club to sign up today. I think would be very glad you did. And that's IT less chance and.

And then the lighting run is over. Are you ready? Skid your.

Got your gym fitness crane. I don't think your colors know how disciple what you are with your fitness.

Thank you. Thank you. What's animal friend? I .

die and of who I am, have a long term investor in euro legend. What is your opinion on A L in Alice on transmission story company?

terrific. Does IT does grape? But let me tell us of the and one hundred and seventeen with the fourteen times early, I actually would prefer you to swap out right now and go to be a marry A G M.

Cheaper and will be just as good. Let's go to down. That's way down.

Hi, jim. Um first few months ago about a stock around my fifteen dollars and recent news, which stocks go on nuclear nuclear looking into IT, what do you think about nano and .

no warnings. I do believe in the luck. sure. Which, why I say je ver nova. But let me tell what to do right now, right here, tomorrow, I want you to take out almost all your cross spaces and wet the rest, then you can never lose money.

And how happy is that? What is that? That's called navona that's got a Howard new york hoard.

Hello, jm.

S jm.

first time or long term listener, just want to thank you and your team for all that you do for the individual investor. And you really have to make me A A Better contestant.

Well, that's what I want to do. You you make me feel very good. Thank you. So good. You just said thank you.

And now when I turned over to my trail year old grants on parter, who's a big fan of years also, and i'll ask me about the thought, were interested in our stop at a profile infrastructure .

company involved in technology and other field, the south kest serving infrastructure. This kids got horse since this stock up to one hundred twenty percent. Now I will tell you, start an structure reads is a lot like a lot of companies that is slipping off.

I think a lot of the federal money being spent. So I don't want to get greedy here. Well, just the two points off of its tie.

I say I take at some of the table, okay? And I, because I like this kid, take some of the table. Let the rest run. I think you get your whole I had let the rest run. Okay, let's go to procure and called for .

d proh hi game. Like my from california, i'm investing that member. And like, I learned a lot and I have him pretty.

If you buy one, I buy fifty or left. If you sell hundred, I sell fifty or less. So that is my simple tragedy.

My portfolio, more than sixty five in one, and happy as so. Thank you for that. You are a great man.

Oh, thank you. go. I go to a stay humble because I good. But thank you so much for that. How can we do that money now?

Yeah, I the question is, I gone out of the way and I bought the minus M R U S. And I don't know what to love this talk like OK.

Now this is a stock in you and I, both known because we've been around together, broken each other. This is one of those things that IT may not work out. They do have some good news that they improve of a drug, but IT is still very, very pecking, and that you can 光是 up lighting around。 The .

lighting road is sponsored by Charles wab. Coming up as averages blow past record after record, how can investors know what names could explode higher camers explaining how this market is sending unexpected stock. Sorry, next.

Most workers are like giant games of wacoes stocks pop up and their wake down. Almost immediate sellers using that's not what is happy in this market fact, the opposite these days, stocks start bumbling up, all faith of the ground shakes, steam bills next year, and others, these guys, zs of points of you, the sky like cloward, they can be stopped now there are spouse of face bringing up, oh, time spewing points for anyone who wants them.

I can't say there's pricings all fail, which when I would went to see with my kids this summer when offered the intervals of fifty six and fifty eight minutes. But there's a different, more exciting kind of predictability here. We know that some stocks are just gonna a we just to know which ones, at what time, what day sure can inspect the marvel tech.

Marvel tech reports, great. never. We know that's gonna off. Same sales work that goes off two days with today's. But I spent a lot of my time during each session trying to track down why some stocks just exploded without provocation.

I mean, why did pillow out to the crows strike store three and four percent respectively, out of nowhere? Who knows? We get that im is out warned higher.

We know that they are having have on this maybe it's supporter ship with marble texas at trivia and video wasn't going anywhere open at one forty two, then fell one forty, but then is said by magic a rocking in one hundred and forty five play reaction more view in response to use case broad by salesforce agenticity or just some seller of family finished me at all these one off to the life science, been more than some brokers house to Polly sudenly gets gunned up nearly five percent because IT raised Prices and no one seems to care. Sometimes we don't even bother to pay attention to these endless ralles. There's anyone even Carrying anywhere.

The role carribean was up in the four point today. Stocks almost double for the year at this point. How about block a square? That's been a lot of light.

So let's send that up six percent just to keep IT up there with the firm and up start up more than forty five and eight percent. The actually we take some things for grand and don't we? Oh, and don't forget, read IT up and know three percent.

I love s up as usual, seven points for thirty years, two thousand, one hundred thirty two billion dollars status, whatever. Heck, IT does kidding. IT gets so crazy that when the stock of pantier, one of the great performance of a new euro, went from being up to being down today, IT was like all faithful got captured from for the laws.

There's that OpenAI may be moving into the defense space. I think that will prove to be a merely a glancing blow at apple until you could buy tomorrow, regularly scheduled, blow off gotto love IT be there, be square or block. However, all in the averages of pretend out of seven days, record high to record.

Mean what that is that I know what IT is. The sellers with a vacuo meals, they seem, have dispute left the building, the IP s the new stocks by there know where to be seen now syb sy investing club members know this. Mark has gotten over, boy.

And we trim stocks for the travel trust. When we get over, what if you get your ball and you know we're not being complacent and if you are club member, you know not to be either. We feel greeted levels.

Greedy is bad, especially if you run a child. L trust where you can see my moves for I make them. So let me tell you, I think this mark gets is just not business as usual.

And if you think in this business, usually you're out of your mind, this product is like no other. You never know when the next guys you're gona go off. And for just a bystandard of all people, its apps papp's get out to watch.

Maybe you wait 37 minutes， crazy and tape, and you may just catch the next big one, I like to say, is always more market somewhere. And it's right here, and I promise to find in the next one for you. I'm even cramer. All opinions expressed by jim creme on this podcast .

are socially cremers opinions and do not reflect to the opinions of C N B, C, N B C universal or their parent company or a fillies and may have been previously disseminated by cramer on television, radio, internet or another medium.

You should not treat any opinion expressed by jim cramer as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his ion gram's opinions are based upon information he considers reliable, but neither cnbc nor its fillies and our subsidy areas where its completeness, accuracy and IT should not be relied upon as such. To view the full mad money, disclaim m or please visit here c dot com forward to flash mad money. This later.

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