War with china i would love to tell you it doesnt matter for the stock market when a clueless day with the dow gaining 38 points and. 30 and nasdaq. We care about the future, not the past, the fact that the Federal Reserve is set to lower Interest Rates because of the slowdown is huge we get enough hints in the feds Statement Today that the next rate for moves is down and when its down what do you want to do lower stocks the rates translate into a better economy and borrowing is cheaper and more money flows into the system via credit and commerce picks up. At the same time short term is just as attractive and earnings are boosted and highdividend earning stocks are more valuable so welcome to the rate cut cycle here we go ive been through this so many times, i have my own playbook. History says you should buy, buy, buy we could get a rate cut as soon as july. Well get a rate cut i thought there would be a rate hike in july four months ago when the president was thinking things the fed chief thought things were fabulous well, no well get cut and thats just plain bullish. Under normal circumstances, its enough to prolong the rally until we learn what is next on trade. Unfortunately, this is not a normal time. Thats why when jay powell droned on about how the fed is above the political fray, i couldnt help but think this man, this man who declared today he would serve out his full fouryear term no matter what in total defiance of the president of the united states, he is sitting on a huge powder keg lets review what happened and then ill tell you what comes next at the beginning of the press conferen conference, powell said how we had the economy that sounded bullish. You couldnt expect the fed to cut rates when that situation is occurring. In fact, if anything, you expect them to tighten the reigns according to powell, the Downside Risks arent coming from the consumer there is a slowdown in business development. In theory, if hes negative trends continue then employment will soon take a hit and the weakness will start bleeding over to the consumer thats what the fed is closely monitoring a phrase i told you you wanted to hear today because it means powell is getting ready to give us the rate cut. All very natural why is Business Investment slowing . We go. Powell did not directly come out and site the president s tariffs on china not in so many words but said trade news colored the feds thinking which means the fed is c aware they may require lower Interest Rates for the economy not to be declaimed. Powell kindly and respectfully didnt link the tariffs with the slowdown he made no pronouncement whether the trade war is good or bad for the economy, hes a total gentleman to President Trump yet, i thinkto hammer powell demanding a rate cut right here, right now. I wont just be in twitter it will be those things hes walking out with the coat going toll helicopt helicopter it will be all that. Hey, powell, i dont like powell he wants powell to tell us it will cause a recession unless powell lengths maybe he thought he would be a political but not acknowledging the slowdown is happening because businesses are worried, it seems like he was trying to immunize himself. Hes wrong there is no escaping the wrath of this white house. I bet the president will play the blame game knew. Classically powell is doing the right thing. Hes weighing the evidence hes being prudent, nothing wrong with that. Again, weak employment, we get slower Consumer Spending but what he wont do is cut because were about to get a 10 tariff on 300 billion of chinese goods after trumps meeting with president xi fails next week and i think it will. What does President Trump really want besides summoning powell to the oval office and telling him hes fired by the way, thats something he doesnt actually have the authority to do. Could get in the way of it aside from humiliating powell, what trump really wants is simple he wants all employees to tow the line and under the mistaken impression powell is an employee and works for the president to use an awkward example ideally, the attorney general is supported to work for you but the president can hire him and fire him its an independent position he doesnt seem to understand why. Trump wants powell to say the following. Were cutting rates because were going to be in a trade war with everyone so we need to keep the dollar awake thats something lower rates would accomplish he wants powell to understand the president is trying to make America Great again so keep America Great. Changeup there. He wants to be a team player and be as accommodating as he needs to be, defelt tat the chinese trump has the same attitude, he wants the guy to do his bidding. Powell didnt do that today. Too independent. Thats why i expect the president will keep heckering him and heckering because trump needs desperately needs to raise tariffs all over the place and needs desperately to have lower rates to not forthe the economy fail but the election. Does it matter we heard an analysis of why the fed did nothing. I bet trump will hit back hard he sees powell is not a team player that could lead to disturbing headlines and cost turbulence. Trump will keep escalating the trade war. This dynamic shows why we cant be as bullish as we might like even though today was good news. We cant be because we didnt explode upward in the wake of this bullish statement and press conference because of the rank between these two men. The moment i tell you to buy stocks left and right and i still think it makes sense to be bullish, however, with the president in the warpath you need to be cautious because if the trade war is justified, the longer it goes on as the ceo of pacific told us last night, the longer this goes on, the worse it is for our economy. Brandon in texas, brandon . Caller hey, jim, im a big fan of you. Thank you. I was wondering about the stock Lockheed Martin corporation. I like Lockheed Martin. Good stuck i do think did the democrats win next year, youll recent it. I think its a good stock. Mat matt in new york, matt. Caller hey, coming to you from new york. I bought shares of party city as it hit the low they secured a new helium supply for the next two or threeinveer buying more stock. Should i buy, sell, hold or curl up in a ball and cry curl up in a ball and cry thats been a terrible stock you made money in it you know what you got to do . This is not the retailer i want to bank with i got a lot of retailers my travel trust is sitting on kcoal kohls i say no to party city how about rick in illinois. Caller mr. Cramer, its windy city rick. I thought it was windy sicity rick didnt you think that, sheila. Caller good to hear your voice. I want to hear about a dividend of a stock ive been a longtime holder of a Tobacco Company and seen the growth in the stock at the time. I mainly own the stock because of the strong dividend and not even a smoker but i dig a dividend above 6 recent lly altria took a 35 stage in juul ecigarettes and a sector, the tobacco sector you may not recommend for that reason but considering that, i want to know your opinion if you consider the dividend of altria to be safe or in jeopardy. Its a wellknown company however. Howard willard is good and that yield is safe with a lot of stock. I dont want to tell people that but that dividend is fine. Buckle up cramerica, the race cycle is about to begin but well, between one man and the other guy, all right, thats google, nolen thing. Crowd strength i poed a week ago and you get doubled should you strike while the iron is hot the newly emitted company is one of the most expensive stocks and for the users, adobe has been igniting the flame for decades ill tell you how its up ending every shopping paradigm we thought imaginable except for wicks and the latest unicorn to make the market debut. Should you cut slack some slack, could you resist that one on the first day of trading direct listing, well explain, stay with cramer. Dont miss a second of mad money. Follow on twitter. Have a question, tweet cramer madtweets, send jim an email to mad money at cnb cdot coal un ak doney at cnb cdot come or give us a call miss something . Head to mad money. Cnbc. Com your brain is an amazing thing. But as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. Thankfully, the breakthrough in prevagen helps your brain and actually improves memory. The secret is an ingredient originally discovered. In jellyfish. In clinical trials, prevagen has been shown to improve shortterm memory. Prevagen. Healthier brain. Better life. Over the past few weeks, weve had yet another rush of ipos including deals that were very well received like crowd strike, a Cybersecurity Company and well received, im putting it light li. It was supposed to be 19 to 23 and instead it was 34, which was insane and started trading at 63. 50 which beggars believe and not only that but crowd strike Ticker Symbol crwd is now 77 and change after hitting 79 earlier today. All right, what the heck are we supposed to do with this smoke show ipo crowd strength has so much in common with other companies i like so much the red hot beyond meat although thats out of control and zoom video is really expensive all three companies had triple digit Revenue Growth is hard to find and the stocks continue to scream higher because people, the Mutual Fund Managers who love high growth are really triple digit growth because you dont get that often look, i was too skeptical say beyond me. I saw the stocks scream higher and couldnt justify the evaluation and i didnt come to you and pound the table. Its nothing to do with evaluation ill come as a crowd strike. Even though i recoil at the threat of recommend something from 34 to 77, actually 79 in weeks. Its very hard but remember, beyond meat was 600 at one point so i mean, out of control. With that in mind, whats the fuss lets plano yoy know your ipo. Its a new Cybersecurity Firm a play on the cybersecurity cloud. Okay so in other words its not just what is known as on premise but protects the cloud the point of the platform is protect your systems on the opini machines, all potentially different places the company handles the intelligence and incident respond services, digital forensics, fire eye meeting palo alto and maybe cyber in there. The real issue is what puts the crowd in crowd strike. These guys use a. I. , Artificial Intelligence to predict vulnerabilities and threats. They have security data and the bigger the treasure trove gets, the more effective their a. I. Alga rhythms become. Crowd strike system is two main asterics the lightweight agent. This is a little piece of software you install and deploys the whole Security Platform from the cloud. Its a cloud based system. It doesnt need to use tons of Processing Power of p. C. Or your phone. Instead, they offer the really intensive computations to the cloud. In this respect, its a z scaler i would like to put them headtohead thats another cloudbased cybersecurity base and i thought it was the boss. It was the bomb. Then this one comes around and i start thinking maybe this is better than c scaler need a headtohead. What crowd strike is the second part of the story . Its what they call the threat grav this is on the cloud where they process, correlate and analyze data from countless devices and machines thats where crowd strikes Artificial Intelligence comes in handy. If you use the software, its limited. So much data is in your p. C. And can only use so much Computing Power. If you use the cloud, its like calling reinforcements cloud strikes try to get as much out of the cloud as possible to the point of using a. I. To detect not just existing threats but future wons and thones and o success. I like another company and the stock hasnt done well, dell they can have the platform whenever they purchase the hardware i want that. Im not the enterprise the customers love it because the company has terrific dollars base key met trick i try to give you the key metric with stock. How much with existing customers and for crowd strike, thats 147 last year, which means they are winning tons of additional they have the fortune 100 and top 20 banks and the company nailed statesponsored hackers remember when north korea went after Sony Pictures for that movie about kim jongun a few years ago . These guys, this crowd strike figured it out and took them less than 48 hours what a markey piece of business that was great story. What about the numbers last year the total sales grew by 110 . There is a description by 137 and still losing money, dont fret here, thats because they are investing in the business. Something that makes a ton of sense to me when youve got this kind of Growth Opportunity you dont stop the growth to be able to show a profit. Thats lunacy in this business the margins have improved if they are burning hundremoney. Down last year the subscription cost doubled their annual reoccurring revenue increased by 120 to 312 million. How about more recent numbers . The guidance for the quarter that ended in april has sales growing at 100 clip so revenue to 110 to 115 . Subscription customers up 104 and annual occurring revenue 108 to 11 111 you say i dont blame them for bragging how much business they are winning or losing should keep expanding by 137 to 141 people these numbers are amazing. That means if they didnt land a single new client, crowd strike would have a 40 growth rate which ho most companies would grow for and versus year and tnot as impressive it is no wonder it exploded higher under the gate while they try to under price the deal, something i hardly approve of. Did think ever learn from lyft so much demand they had to raise the price from 21 to 29 and 34 last year. That was a lowball number because the stock spiked up 86 going to 63. 50 has it hasnt looked back since. They tacked on another 10 gain. I got to tell you, this may be, god, if we werent so rich i would tell you this is the best of the lot but there is a very big but, at these prices crowd strike is super expensive. Were talking nose bleeding expensive. Company has a 17. 5 billion fully diluted market capizati capitalization which generated 150 million in sales. We need to value our price to sales and using last years numbers and selling at 70 times sales, 70. Put that perspective even turbo charge cybersecurity stocks where everybody wants to work like z scaler. Trade at less than 40 times last years numbers only zoom video and another red high ipo is more expensive i got to give you that stuff because you got to know what youre dealing with. Trailing numbers arent that usual. We dont have a great read, its 35 times this years sales still extremely pricey more expensive than anything else i mentioned except for zoom if youre using more consecutive forecast, you get more ridiculous evaluations after all, they have a similar growth rate but zoom is turning a profit and if you use zoom or beyond meat for your comparison, you will get yourself in trouble. Its z scale or octa is far better and they sell at about 25 times there years Sales Forecast if crowd strike got that, it would be a 55 stock down 22 from where its traded thats the comparison i need you to understand. Okay, its much more expensive than z scaler. You have z scaler last week is good hey, man, i think octa is terrific bottom line, look, im not saying crowd strike cant go higher its a fantastic company the fastgrowing ipos are fro y frothy at these elevated levels buying octa or z scaler and cant stomach the thought of what might happen to the stock if something, anything, i wont happen now goes wrong. We got to go to steven in georgia, steven . Caller cramer, bulldog booyah. I like that go bulldogs. Caller hey, since there is uncertainty with microsoft, is that what young investors should focus their attention . Ive been doing a lot of work on microsoft its part of a group of stocks i call the creepers. It creeps higher and higher and higher and today is no different. Its a trillion dollars market cap and deserves it. Why . Because is there anyone more consistent when it comes to growth he is just unbelievable. I mean, look, i would put a black tshirt on and wait at the door with microsoft and just in case he would say a fellow black tshirt guy come on in and i would and i cleaned his desk, maybe polished his phone to ask him a couple questions jerry in texas, jerry . Caller hey, jim, how are you today . Not bad, jerry, how about you . Caller good, doing well. Im calling about one of your favorites. You previously had a ceo on the show and after the may 30th Earnings Report with a weaker outlook for 2019, they dropped 35 the next day im down 30 should i buy, sell or hold zoro . I was very disappointed in that Conference Call i was particularly disappointed they talked about how it was a reset year, they needed that because the sales force needed to be refreshed. That was the first i learned of that i admire the management. I think we have the economy. I did not like being blind sided and i was blind sided and thats why the stock is not going to go anywhere, at least for another couple quarters. I repeat, even though at the beginning of the show remember what i say, its not about friends but making money and i was blind sided. Crowd strike is a fantastic story but i cant justify these levels i can buy a company like octa or z scale. They are cheaper stick with cramer. Coming up, dont call it an ipo. This company is changing the conversation. Slap is creating a new world. And now they are headed for the Public Markets will cramer cut them some slack . Find out when mad money returns. I consulted with your grandmothers doctor. We can do the screening at her house. Hi. This is the man thats going to check your eyes grandma. Cognizant ai solutions are helping Healthcare Companies advance diagnostics and prevent blindness in patients with diabetes. Everything looks good. You have beautiful eyes. Iz r ripped through the incredibly bullish presentation of adobe i found myself shaking my head about the prospects for the brick and mortar retailers in this country that cant avail themselves of adobe for their retail stores. You just cant compete against digital merchants if they are on and a ceo, were in the golden age of creativity, which is stoked from grade school with adobe spark and up ending everything as these kids grow up and master e commerce. No matter adobe stock was up 14 or 5 . 140 billion company in wake of the quarter. Think about a typical enclosed mall there are anchors like macys or Department Stores too small to mention but if tens of thousands of people are working for them, you got a bunch of gaps, abercrombie and williamssonoma and operations and more. When i go through the reading on adobe reader, i see i can use their software or recreate the best parts of them all by finding what the customer wants and presenting the best way to shop because you dont have to go anywhere or speak to a human being and do it and sent the one you dont like back, desires can make more creative merchandise and target the people that want those products much better than the mall can again using adobe scale up the business using ado adobe, cheaper, faster, better and creating inventory risk. I do pity the brick and mortar retailers. We have all these big brands indistingible from Everything Else this isnt a new story some Department Stores are on the last legs and better ones are struggling macys is trying hard and terrific showroom in manhattan but hasnt been able to demonstrate the model can scale. I have no idea what nordstrom is doing. Gap, when i think about gap in this environment, i imagine stuff made overseas in a landfill out brands with the exception of bath and body works. Everything they make is easily replaced by something online and more anonymous and cooler. The existence is under attack using adobe or shopify if you look at the cool clothing sites and half of them are monitored using adobe. Only williamssonoma seems to have done a good job of making the leap to the web. When we spoke to the ceo, she has the edge with retailers because she isnt one of them with the powerful business, they are more offline than on, more online than off and thats smart. Go read the adobe call think about what is being unleashed here recognize that when she speaks of the golden age of creativity, he means the golden age where everyone has electronic push cart that looks as fancy as something from tiffany or neiman but cheaper and in many ways better than what target or even walmart can sell it insane whats happening but it is happening, people. Even after spectacular 5 run today, i think the stock of adobe is still, still the way to play it. Lets go to mark in new jersey, please, mark caller booyah, jimmy. My question is about square. The square cash app is out pacing venmo and the recent stock price from the low 60s and up 30 for the year, do you think the good news is baked in i dont we got to be careful there is an analyst that says they are pacing. Look, they are doing faster growth than some parts of venmo than others. They can both coexist many people like me got freaked out with paypal when we see square is growing faster they both can win and they both are buys adobe is up. You got to read that Conference Call because as is the golden age of creativity. Much more mad money ahead. When i spoke back in 2015, it was a private company. Today the number sits at 10 million. On the first day of direct ipo listing, im telling you if the companys growth can continue. With more businesses folks on their online footprints, a company like wicx help you score clicks rapid fire and tonights edition of the lightening round so stick with cramer. As the ipo market finally starts to peter out, we have one last big deal to talk about but dont call it an ipo Slack Technologies is coming public with a direct listing which is where the preexisting shares or exchange you might remember thats what spotify did. An ipo is a company raising money but with the direct listing, they are trying to create a liquid market where employees can ring the register on share shares and make money and take it off the table. The thing is even though a direct listing is a pretty boring way to become public, there say ton of excitement. You probably know their product and maybe use it at work its taken the world by storm. They are revolutionizing the industry just like with crowd strike, slack is in the sweet spot its a fresh face cloudbased Enterprise Software play with a Subscription Business Model and turbo charged growth rate. This is exactly the kind of stock that investors cant, they cant resist it. They cant get enough of it. Expect this to run thats why were trying to get ahead of the deal by giving you a sense of how slack does and might be worth owning. Let start with what slack is for those of you that dont own it at work. Its a way to replace email. Because email is a pain in the neck not necessarily the best way to work so slack replaces individual email in boxes with teen based chat channels where you can post relevant data, documents and application applications over time its knowledge and wisdom it gets everybody on the same page thats what slack does how does it make money with that slack works on a Premium Model like many other software Companies Like wix well hear from there is a free version of the program that limits the number of messages the host and applications you can integrate and a paid subscription version with no limits and a higher price subscription with Addition Services reporting in guaranteed up time. The idea is free users love it and they convince their bosses to adopt the paid version via word of mouth. We saw something similar with drop box and this thing has been grown leaps and boubnds. At the end of january the platform was used by more than 600,000 organizations with three or more users. Thats incredible growth 95,000 are paid customers but thats twothirds of the fortune 100. It was nothing like them some of the Largest Enterprises have tens of thousands of employees using slack on a daily basis. The numbers are the reason im betting so much excitement they have 82 Revenue Growth, 80, 90, 120 what an unbelievable group it slowed to 67 thats darn good slack is still losing money, the margins are improving and another situation where it would be financial malpractice for this company to show a profit. They have too many opportunities to pass up showing a loss at this point is okay what about the companys met tricks slacks paid customers increase 49 last year and nearly 42 in the most vent quarter. The paid customers are worth 100,000 a year grew by 93 . That dollar retention rate, how much business they are getting from old clients came in at 138 wow. These are flabber gasting. The overall growth is fantastic. Maybe its not triple digits but still fantastic. The company is on the path 1and the cash flow is ideal the Company Increases investments. I get that i can live with it they want to increase investments. The best thing is it passes the verb test, google, venmo, uber we dont even think about it dont believe me google it or slack us your concerns that may sound like im being glib but its genuinely a big deal look at it this way. Were looking at a cloudbased enterprise something investors cant get enough the growth rate, they want that very much. Seems like the revolve was up 7 today. It keeps happening and happening and happening, which is why im getting you into these they may have desensitized us, the slack is in great company. Plus the Collaboration Software has been really strong one of my favs up 49 that symbol is teen it lasted in every way that matters except profitability will investors care that slack is still a long way from Generating Positive earnings it doesnt seem to matter to anyone buying up the crowd strike, does it . I think there will be a ton of excitement for this stock but that doesnt mean things are perfect. I do have some concerns. We dont know howfe effective slack will be at converting. Im optimistic but i was optimistic about drop box and dead money for the better part of a year. I thought the premium was going to work better slack had unusual Capital Structures and shareholders wont have voting power. The unicorns do it i hate it. Why . If something goes wrong, you and your fellow shareholders dont have any other recourse other than to dump the stock you cant throw them out nine day ace go when slack announced guidance for the full 2020 fiscal year, it had hair on it the quarter Revenue Growth slowed from the high 60s to the low 50s. For the full year they are forecasting Revenue Growth and includes high visibility revenue so maybe they are being conservative and doing a little sand bagging with that in mind, how much would slack be worth under work, easy enough. Wrk. What should you be willing to pay . The highest price paid was 31. 50 a share we found slacks Reference Price is around 26. Given that we have the companys own fullyear forecast and analysts that rolled out coverage, we can get a decent sense of the valuation 3 31. 50 they will trade at 19 times sales the peer group comes close and much cheaper than ipos with the rapid growth rates like crowd street and beyond meat and video. This is much cheaper at the price of 26 and trades at 23 times, 15 times next year, cheaper. Where might the stock go davidson has a 31 price target in line with what people pay in the private equity market, atlantic equities, cover 37 price target for me, here is the bottom line. I would be willing to give slack my blessing to get this. Im willing to let you pay 40, 40. Thats well above. If you can get it below that, thats better. If not, you keep your bat on your shoulder. Slack is a great story 40. We still have to be disciplined if you start it. This market is so hot, i dont this market is so hot, i dont want you to get burned theres just one thing hurting us millennials mad money is back after the mad money is back after the break. Ebt into one monthly payment. Get your money right with sofi. Man stand up if you are a First Generation College student. Stand up if youre a mother. If you are actively deployed, a veteran, or youre in a military family, please stand. The world in which we live equally distributes talent. But it doesnt equally distribute opportunity, and paths are not always the same. Im so proud of you, dad man i will tell you this, Southern New Hampshire university can change the whole trajectory of your life. It is time, its time for the lightning round. Buy, buy, sell, sell, then the lightning round is over. Steven in florida, steven . Booyah, jim. Booyah. Caller thank you and your team for everything you do yall do for us home gamers. Thank you very much caller so symbol sit signal jewelers. We said they are in the penalty box. They missed the last quarter trying so hard to turn it around and it does look increasingly like they made that money, you kind of like the lone shark model. Shes an honest good person and not working. Its still in the penalty box. Its in the penalty box. Penalty box. How about steve in new york, steve . Penalty box. Caller how are you not bad. Caller thanks for everything you do and your staff. The staff is great. Somebody has my back at all times. Whats up . Caller you guys help us out with the money listen, calling about american power. I liked i met a person this weekend that was a salesperson for amt. I was in awe they have too much business. How Many Companies can say that . Lets go to mike in illinois, please, mike caller hi. Booyah from chicago home of the soon to be famous cubs and white sox. All right thank you for jordan howard. Private Equity Holding kkl. They are about to change their status my friend stephanie link is telling me listen, the change of status is in the stock there is going to be more buying ill go with that. Buy, buy, buy. Im not done i want to go to nick in nebraska, the home of union pacific. Nick caller thanks for taking my call, jim. Ive been reading where companies in the cloud or data are reading. My thought is fts. Look, they traded forever i once had an almost 5 position im not going to disagree i think the yield is safe. Its there is some better fish to fry including micron lets go to anthony. Caller thanks for having me, mr. Cramer. No problem. Caller excellent lending tree. Have we been behind doug all the way. The stock was under 100 and short rage and we said buy, buy, buy and still saying it. Symbol tre and that ladies and gentlemen, is the conclusion of the lightning round. The lightning round is the lightning round is sponsored by t. D. Americ lately even as people fret about the state of the economy, we see a terrific bull market in companies that help small and mediumsized businesses to sell goods and services, look at wix, the company that helps individuals and Small Businesses maintain their websites. Its been outstanding. This is up 725 over the past five years s p 500 is up less than 50 . Incredible this year by the way had yet another phenomenal leg hire. Its up more than 60 for 2019 alone. In fact, up 64 since we spoke to the ceo in december lets check in with the cofounder and ceo of wix. Com to get a better sense of prospects and where its headed. How you been very good thank you. Its been an exciting year last year and really good start for this year. Ive got to tell you, youre up to what to 150 million how are you able to get so many customers . That is so many more than when i saw you last youre adding them by the day. It is q 1 was our recordbreaking ever for us we added 6. 6 million and users to wix and 180,000 and new subscribers. It was a very good quarter for us. Now youre finally, i know one of the things mark told us we followed him for many years, its so hard, so few Companies Get to a billion dollars you got to a billion in collections. Congratulations but youre not stopping you said you think you can get to 10 billion. How are you going to have that many customers to get to that unbelievable sales number . I think this is really the cool thing whablt about what weo there are Small Businesses, medium size businesses and so our market potentially is enormous and i think every year we are becoming more and more of a leader in our market so i do believe so that there is a pretty good chance that well get to the 10 billion and this is where were aiming it obviously. I want to talk to you a little bit about what coexistence means ad adobe reported a great number. We got friendly with a Company Called shopify if youre on etsy and if you own a restaurant we do, we use wix because the only game in town and youre not that expensive. Where do you coexist in the universe of people that want to design sites and the Data Collection and can you all be partners in the end . Well, i do believe that there is of course a lot of companies in the market and i think that if you look at e commerce, its more crowded you have adobe and shopify and if you look at the other things, restaurants to scheduling to booking, i think we are pretty much by ourselves in those markets and the one thing playing for everybody, us competitors, anybody else in this market is as time passes, the need of your website is growing and i think that now that you are moving for than building and managing business, growing your business with wix, i think you can say that this creates a much more traction from the customer that we have and new customers. I want to explain to people you link people and you have the website with great artists with people who are having a beautiful commercial eye how do you find those people and how do you know who to link them with because the service itself is remarkably inexpensive versus if you try to contract with that person directly . Yeah, so first of all, its wix, you can do everything yourself thats one thing im proud of. We have a place where we have a command agency we know that are really good and know the platform and actually provide a lot of support to their customers. We have a place on wix called wix. Com that allows you to do that. How about this . Youre talking a little bit about this idea of the company that will give division. You havent rolled it out entirely it gives you the Data Collection i would have normally expected to get from an adobe whats your price for that and when can we expect everybody to have it . I think it would be very valuable for most of us. We didnt yet announce pricing for that we didnt fully release it yet its still in the late stage and its really fantastic. It will give you your own data base and way to interact with the data, ability to write scripts on the website and develop application and develop the special needs that you need for your own business so its really an amazing product. I think that im very proud of it and i dont think adobe have something ev anything similar its up and coming and will probably be released in six months, fully released you can use it. Congratulations and tremendous success and incredible growth. You have a lot of doubters and analysts who have been dead wrong and i await your data product and try to look at it in data now thank you so much. He is the cofounder and ceo of he is the cofounder and ceo of wix, great to see you, sir that you get diagnosed with cancer. osamah successfully treating it still remains one of the most mad money will be back after the break. Mad money will be back after and convert it into 3dimensional holographic renderings, we could enable surgeons to dissect around the cancer so we can precisely remove it. When we first started, we felt like this might just not be possible because Computing Power just wasnt there, but verizon 5g ultra wideband will give us the ability to do this. We wont rest until we see this technology being able to change lives. You should be mad at airports. Excuse me, where is gate 87 . You should be mad at nonseasoned travelers. And they took my toothpaste away. And you should be mad at people who take unnecessary risks. How dare you, hes my emotional support snake. But youre not mad, because you have e trade, whose tech helps you understand the risk and reward potential on an options trade its a paste. Its not liquid or a gel. And even explore whatif scenarios. Wheres gate 87 . Dont get mad. Get e trade and start trading today. Here we go again oracle with a number tonight, yes, cloud base, it doesnt matter, right . Tech is so good here i like to say there is always a bull market somewhere. I promise to find it for you im jim cramer and ill see you tomorrow. Cnbc presents work, an exclusive summit for financial leaders shaping the workplace of the future bold invasions, increased productivity and new opportunities. To register visit cnbc events. Com at work brought to the bbbbeatboxing flight attendant. [beatboxing] announcer and tonight, hes on the trip of a lifetime for a million dollars. Youre hitting a little turbulence. Oh risk it for the biscuit. Honey, this is a good offer. No deal no deal. Announcer will the banker send him home with peanuts . She doesnt think youre all that you say you are. What is your name . My name is maximilian. Is it maxathousand