Higher, nasdaq climbing. 33 , we keep hearing obituaries for this market will the alleged cause of death will something natural like old age or stocks went up too far too fast given the fundamentals . Will be slaughtered by the disappointment out of washington maybe just maybe the grim reapers being held at bay by a series of positive events closely tied to the nature of how companies are doing, hence the continued sense on both wall street and main street that theres value and then there are hills. Or at least values and then prices just look at broadcoms 105 billion hostile attempt to acquire qualcomm the thing about technology is skeptics dont understand how the industry has gotten so much bigger certainly the stocks are valuable with trading. The tie up with disney and fox, the story broke earlier today where disney will be buying the nonsport part just like broadcom trying to buy qualcomm, a disney fox deal make it so therell be less concentration on one product in this case espn. Fox is worth more to disney than to wall street you the shareholders are the ultimate winners disney fox seem to be dead at the moment now broadcom bid for qualcomm is a bombshell buzz its huge and hostile. The ceo, who is one of the best ceos in the industry the only reason we dont think of broadcom being an important player in the food chain is because apple suppliers play by the same rule as fight club. Broadcom a is more content in the iphone than any other company on earth qualcomm is selectall quality. Nothing good can come from fighting with your Largest Company, and Largest Company in the world, so qualcomms got a problem. Broadcom has been viewed as somebody who has a significant view with its customers. The options of this deal being complete seems pretty wrong. Qualcomm has been held back by apple. However id argue if apple prevails in court against call come which is a responsibility, the shareholders already modern lane to tender to anything in qualcomm lets step away thou, think more about the returns behind it because it has to do with a much bigger thing put simply, many other industries we have too many Semiconductor Companies and theyre dpeeting for more business same goes for disney fox, too Many Companies fighting for the same consumer. Many doubters just dont get it. The people telling you that this markets done for are only considering the earnings assessment theyre never looking at take over values because they havent been able to gauge the worth of one company to another or one Entertainment Company to another. Tech has become more than cell phones and personal computers. Both of those potential deals show you to worth of these chip makers beyond what were willing to pay for the earnings per share and the worthy worth of entertainment. Maybe disney has franchise models and they why they covet fox. The qualcomm and disney talks, theyre so huge that they overshadow another combination in the semiconductor land, marvel tie up with kaftty. Marvels way too be hold in the industry cannon is you buy the two and it changes the stock again, defensive but loved by wall street, which for the most part hate it had two companies it matters people. Now, there are many people were saying this successful merger springing up every where, im one of them but i also recognize that it can be failures. On friday we thought there could be a additionally between sprint and tmobile then sprints owner put the on the transaction and that brought both stocks down badly i think tmobile stock, now that its down is a buy i think im an outlieier here and thats why the stock was crushed. Im hear talking of consolidation within the oil patch now the the price of crude is at a 2 year high. Just like the semigroup, just like the Entertainment Group there are way too many oil companies. The only way to jump love these levels is to merge, something the bears may not be able to imagine but something that hasnt happened yet. The skeptics wants to judge stocks based on their price earnings which seem to get more expensive by the day when you look at companies the way ceos and the way entrepreneurs do as take over market, then theres more to this market than you think in the real world, theres much more than one way to value a company. The coast of buying all the shares, not just a percent over the shares like a regular money manager would. Right now merger potential is driving this market as much as anything else. Lets take some calls. Alex in california hello dr. Cramer. How are you. Caller a West Los Angeles booyah to you. Whats up caller jim i have a question about your longterm outlook on a leading fie bro Optic Technology company the price went down 25 on china and data center weakness now it has a pe of 7 as in one, two, three, four, five, six, seven. What do you think . Ill tell you i was on that call, that was a huge mess i think when you have a miss like that you have to wait three months you cant go in there bet that its done this could be the first of what could be many really bad quarters im going to take a pass on that onism bill in florida. Caller hello thank you so much for all those long hours youdedicate to helping us being independent ive been able to provide a better quality of life to my family then i did good whats going on . Caller what do you think about Alaska Airlines and the Virgin America deal . You know, people are not liking that deal i thought it looked like a good one but this company is no longer making its numbers. This company was buy clock work and not anymore. Were going to stick with southwest, even as the whole group seems to be coming down. James in florida caller booyah dr. Cramer this is james from atlanta how are you caller im great how about yourself well im looking at the falcons scratching my head not sure whats going on caller you and me both i want to get a take on stamps. Com s tmp. The stock got hammered last week so im a little curious as to if its a buy, sell or hold weve looked at there and we come back with the same thing, which is this is really hard value. Its been a gigantic short squeeze and we dont mess with those battlegrounds. Dont let the skeptics distract you when you look at companies as take over charges as enterprises theres more value in the market than you think on a special on more mad money, google announcemented a new partnership. Will a combined power create a force to be reckoned with . Paypal added a verb to the english language, just venue moe me were going to find out what that means i think the place has got a lot more place to go stay tuned to find out more. Sure the tech market is a site to behold is it time to shift your company to boeing and caterpillar . Ill tell you if the industrial bull market is still going strong so stick with cramer your muscles look good, but we should be seeing more range of motion. Im fine. Okay, well lets see you get up from the couch. Im sorry, what . Grandpa come. At cognizant, were uniting doctors, insurers and patients on a collaborative care platform, making it easier to do whats best for everyones health, every step of the way. You may need more physical therapy. Ugh. Am i covered for that . Yep. Look. Grandpa catch grandpa duck woah ha there you go grandpa. Keep doing that. Get ready, because were helping leading companies see it and see it throughwith digital. His family. His steinway, which met a burst pipe. So grant met his insurance you are caller number 12. Which didnt quite cover the steinway. But what if hed met pure insurance . Owned by members. Hed have met lisa, your member advocate. Whod introduce him to gustav, a temporary address, and help him get tickets to the mozart festival. Excuse me, grant likes beethoven uh, the beethoven festival. Pure. Love your insurance. Every year i like to come out to San Francisco and around this time, because this is when sales force. Com, the big Service Company holds its annual dream force conference kind of like a tech and most important, learn sales force has been on fire lately today it raises fiscal 2019 revenue guidance and the Company Continues to grow like a weed. The stock has rallied almost 50 year to date earlier today i was able to sit down with mark benny the visionary c visionary koe founder and chairman take a look. Mark, i see some big characters behind us, i see einstein yes artificial intelligence. Ion steeinstein was just a pt were all getting mather. Whats the theme this year . Dream force is taking ai and making them so easy to use we can all get access for them. Every company can be part of the Industrial Revolution and every company and individual can become a but the majority of people watching the show hire fourth industrial they dont even foe about the third. Maybe a little more less jargon. Well we all know were in an incredible time for Technology Artificial technology, nan know technology, all these technologies are hitting us at once and thats the fourth Industrial Revolution. The question is what are we going to do with all these technologies is it pretty more inequality is it dividing us . In some cases it is. Or are we going to use this technology and raise ourself up and create more equality, be more connected and be united thats why the people here at dream force has been able to come together. We have 170,000 registered to be here and 10 million online i think we have to make it so that people dont have to code but they can do clicks, not code, they can configure and thats what our platform is all about. Were creating a massive sales economy will millions of jobs. People can go to our trail platforms shlg learn how to use these technologies, change theirs and get on this training and go with us why you for 10 billion seat 20 billion why even set that goal up . Most guys underpromise to overdriver why do you promise when its kind of taking away from your hand well, you got to shoot for the stars. If you go somewhere you got to figure out where youre going. Weve become the Faster Software ever to 10 million and we want to be the fastest to 20. Were working so hard to do that they have to contact with their customers in a new way now, there are other companies, for instance, a sap and oracle theyd prefer you not to get to 20 billion how can you outsmart companies our customers is going so much fast r than the Customers Using those old technologies our customers are just faster. Its easier to use you dont have to be a programmer to get going. And Big Companies are here adidas is here they transformed the entire business of sport. And fox is here oh fox is here. Theyre rebuilding how theyre building media were going to show that today at 3 00. People cannot believe what can happen in a modern studio connecting with their customers. That may be the division that disney wants all of fox course weve been working on, fox is a critical component. You can do it today with data. Weve been talking about this jim for years, right with the cloud and social and mobile and now ai all of these technologies coming together give you as a ceo the ability to do thing that your company would never be formed as possible thats why we have the ceo here to talk about it. Mark, it used to be veterans day. I understand the va has been trying to figure out how to get in touch with its people lets talk about two things every veteran deserves world Class Customer service, the kind you get, youre going to get through the va the va has signed on to transform their customers the veterans and were trying to give veterans jobs. Were trauning them using our platforms so they can get jobs in our customers and have these amazing great careers. When you see resumes these days, i see one that hit my desk and it says trains in sales force. Can you blaef thelieve that hap . Its all coming out of the platform, you go to trail head. Com you can learn how to use all of this stuff and we bring you along, come to our conferences, not just here but all over the world. Were going to make sure youre part of the revolution and not get left behind. You taught me soshl mobile cloud artificial Machine Learning wheres your social . Social is at the fabrics of how sales force work when youre building applications on sales force like how home depot has its all integrated in a social mediatype frame work. We all let you connect to the external frame Networks Like facebook, twitter and others and bring that data in your property and talk to those customers. Weve been speaking with that cat tee the connected motorcycle. Right, the connected motorcycle versus the nonconnected. The connected motorcycle is something Millennials Want they just presume that you have it people that dont have it, dont have the millennials how important is it to reach the customer before they made up their mind about what brand they want to chose . Your great opportunity for your customer is your last customer all of you customers are on a journey with you you can be on a get back into our business journey, you can just be on a renewal journey the companys doing a brilliant connection with their company. Theyre going to have that deep relationship with you, thats so powerful, thats what marriott is doing also. They realize loyalty is dead they want to have this Huge Community map out where they are on their journeys and get all the customers into their marriott hotels. Walk in have a great experience, have your key on your phone and welcome back to particular yamas the customer experience. That doesnt sound like the loyalty program. Loyalty is dead okay. Because its all about your community, isnt that how you buy from your friend yes when i think about community i think about strategic partners, i think about long communities that have figured this out youre going to see us do amazing new thing with google. Google . When amazon is your partner. We have a phenomenal relationship with amazon, dell, cisco and now google as well theyre fine with us . Our whole industry is about customers working together to satisfy customer needs and we need many partners so we can satisfy all the needs of our customers. Mark benny our founder chairman and ceo thank you for coming to San Francisco by the way im not dont stick with cramer. Stay with me, mr. Parker. When a critical patient is far from the hospital, the hospital must come to the patient. Stay with me, mr. Parker. The at t network is helping First Responders connect with medical teams in near real time. Stay with me, mr. Parker. Saving time when it matters most. Stay with me, mrs. Parker. Thats the power of and. Your bbut as you get older,ing. 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. The name to remember. Todays sales force had some exciting news. The companys teaming up with google to help customers become more productive and offer great insights across the business i had the opportunity to sit down with mark benny and google executives, diane green, the ceo of google cloud. And the Senior Vice President of ads and commerce at google lets jurn in. Mark of all the years ive been following sales force it sound like this may be the Ground Breaking partnership. Explain that to us we have great partnerships, amazon, cisco. This is an incredible moment in sales force history. We have a fool relationship with google we have too amazing executives with she rhie dar and diane. He runs the advertising business accelerating revenue. And diane whose on the google board by runs google cloud, one of my personal heroes for almost three decades. Incredible and now sales force and google are coming together for the first time its the best of both worlds i couldnt be excited. Why does google need saelsz force . Well google loves to partner and google cloud loves to partner. Sales force is going to zsh the two together do for customers whats not possible of course. Were also generating with sales force and giving a nice way for people to adopt super easily what we hear from our customers when they go to g suite it really transformed their culture. They get more productive, more claptive so, when we can integrate that with all the sale forces products, then all of that productivity goes to all the sales forces customers and we think its like a tremendous thing. Then to do it on google cloud, cant get any better okay, please give us a sense of how you get in touch with the consumer using sales force, because youve already been i felt, the best at being touched with the consumer. Is this at another level this relationship addresses the number one request that we have from our customers. Our customers want a holistic view, a total view across all the systems. This has really a first integration that brings all of that information together, so you can do Better Things you can send a better email for marketing. You can show better ads and you can gain better insight and give them better offers when they come into your store both online and off line this makes the partnership exciting for us. Diana a lot of times when i hear about google services, i think well, you have to beat amazon great services. Why doesnt that bother you . Well, i cant say i was happy that he announced aw s before he announced us, of course. See but thats okay the history of our Industry Company is working well together diane knows is that worg when diane was said of m wear they work well for everybody we all have to work best with our customers. This is the full power of google this is about information, this is about advertising, analytics, productivity and the power of google cloud united with the power of sales force we have to bring both companies together in this very very smart way. I know a dream of yours is to be the biggest web services. Discuss it move the needle absolutely. I dream of being number one. I think its possible. Were making unbelievable progress and i think having one of the la