Mad Money w/ Jim Cramer 7/22/26

**SPEAKER_1** (0:00)
The board recommends approving...

**SPEAKER_2** (0:01)
Regarding that seat on the committee, we're promoting...

**SPEAKER_3** (0:02)
to most quarterly earnings...

**SPEAKER_4** (0:04)
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**Jim Cramer** (1:01)
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.

**SPEAKER_6** (1:12)
Mad Money starts now. Hey, I'm Cramer.

**Jim Cramer** (1:18)
Welcome to Mad Money. Welcome to Cramer. All the people I make friends, I'm just trying to save you a little bit of money here. My job is to entertain, but to do some teaching, so call me at 1-800-743-CBC. Tweet me at Jim Cramer.
The cross currents are roiling every day.
This is almost always what happens during this particular portion of the earnings season. We have situations that are hard to understand without much time to understand them. We have companies that expect us to look at metrics that seem made up to us, and we have all sorts of macro inputs, oil, interest rates, war.
And that's how you get open field running, where stocks can reverse on the dot, as can the averages, which traded all over the place until the Dow finished down six measly points, as we declined 0.14 percent, but the Nasdaq lost 0.57 percent. Now, it may help to understand the backdrop. Okay, I'm back to waking up at 2:47 a.m. again. I mean, not a lot of people are up at that hour. So you fire up the machine, boom! What do you see? SK. Hygienics, oops, SK. Hygienics.
Down huge and oil up giganically. So you know at 2:49 a.m. it's going to be a bad opening. And it is.
But things are so fluid and confused because we're in the fog of our ring season and the snap judgments are whip sewing everything. I'm going to give you some examples. This morning we had a watershed moment. We've all been waiting for one model from OpenAI searching for an answer, hacked its way out of what was thought to be a contained testing environment known as a Sandbox, then went online and hacked into Hugging Face's server.
Come on, this was amazing. Then Hugging Face used the Chinese model to stop it. I mean, this is insane. It means that the impossible has indeed happened. Agents went rogue, it's HAL, it's War Games, it's Asimov. Hopefully, it's not Terminator. I'll be back. I think this is one of the biggest stories out there. In a world where AI agents can go rogue, what do you do? Why don't you just buy the stock of CrowdStrike? They have a cyber security product that will stop it. But the stock was down big and traders ignored their solution entirely. So much for that idea. Then there's Givernova. We're all sure of one thing in this world, there's going to be a surge in Turbine production because we're short on power. The demand for these things is insane. So you got to own Givernova, right? The biggest Turbine company in the world, one I've been recommending kind of forever. And what happens? It misses the quarter, not misses, it misses by a mile. You look underneath, though, and the cash flow is terrific. The orders are used to build out a gigantic. But the earnings are the earnings. And Vernova didn't have them. So the stock plunged nearly 9%.
More on that later. Meanwhile, we've heard nothing out of NVIDIA of late, right? Make no mistake about it. I think the world of NVIDIA, I wore my NVIDIA cufflinks for the morning show, just for good luck. But lately there hasn't been any news. Perhaps we can say that Supermicro, a customer of NVIDIA that then sells NVIDIA products, had great orders, and therefore we can assume maybe that Dell and HP Enterprise, Supermicro's competitors, must have good orders too. That market sure thinks that that could be great. Then NVIDIA opens down a couple of bucks, and boy, there goes that theory. But wait a second, out of nowhere, mid-morning the stock does a 180, ending the day up $4.77, or 2%.