Aug 4, 2026 · 44 min
Cramer links a market rebound to leverage, AI and staying invested
Mad Money w/ Jim Cramer 8/4/26
The episode connects a sudden rally and forced selling with longer-term bets on AI infrastructure, defense technology and digital commerce.
- 1Leverage-driven selling can intensify declines before buyers return and reverse the market’s direction.
- 2Voyager’s defense and space strategy spans missile defense, lunar infrastructure, Starlab and possible orbital data centers.
- 3Pinterest is using AI and commerce tools to turn Gen Z engagement into advertiser conversions and purchases.
Don't miss
Dylan Taylor connects missile defense, lunar infrastructure, Starlab and orbital data centers into a vision of expanding commercial space demand.
The brief
Cramer opens with a sharp market rally and asks where the sellers went, framing leverage and forced selling as forces that can create a market vortex before buyers return.
Viewer questions shift the focus to stocks tied to the AI infrastructure and power build-outs, including Celestica and GE Vernova, with valuation and capacity central to the discussion.
Voyager CEO Dylan Taylor outlines a business positioned between traditional defense contractors and startups, spanning missile defense, lunar infrastructure, Starlab and possible orbital data centers.
Pinterest CEO Bill Ready explains how open-source and proprietary AI support shopping discovery, lower costs and advertiser conversions, even as the stock falls after strong results.
Cramer closes with Ken Langone’s observation about seven unusually profitable market days, arguing that investors must endure difficult stretches to remain present for them.
What was said on this episode
35 statements · 29 positive · 5 negative · 1 neutral
Cramer thinks sellers have largely exited the market.
“I think they've left the building, at least metaphorically.”
Listen at 0:36
Forced selling’s absence is allowing buyers to push stocks higher.
“causing the buyers to take stocks up with their own buying, one after another.”
Listen at 1:27
Cramer predicts Leopold Ashenbrenner will return to investing.
“Don't worry, he'll be back. They always come back.”
Listen at 1:59
Situational Awareness used four dollars of borrowing per dollar managed.
“Situational Awareness was allowed to borrow $4 for every $1 he had under management.”
Listen at 2:45
Cramer says brokers earn their largest profits from margin lending.
“Because they make their biggest money lending on margin.”
Listen at 3:00
Cramer says parabolic stock rallies eventually end badly.
“Parabola. Parabola. What do I tell you? They always end in tears.”
Listen at 5:00
Cramer thinks major technology stocks remain undervalued.
“At this point, I think the big tech names are still too low”
Listen at 6:45
Cramer predicts AMD will not derail the technology rebound.
“AMD will not derail that.”
Listen at 6:57
Cramer says heavily shorted software stocks became too cheap and should rise.
“these stocks got way too cheap, and with the shorts running out of juice, well, they got nowhere to go but up.”
Listen at 7:11
Cramer endorses buying Intuit as a potential AI-related short squeeze.
“he could be really right buying Intuit”
Listen at 7:20
Cramer recommends buying Celestica.
“I think it is a buy.”
Listen at 9:26
Cramer recommends buying some Celestica despite its recent rise.
“I say buy some and then hope it comes down.”
Listen at 9:32
Cramer predicts GE Vernova’s stock can rise further.
“I think the stock can go higher.”
Listen at 10:51
Cramer assesses GE Vernova as expensive.
“It was and is a rich stock, though.”
Listen at 10:53
Taylor says Voyager is needed at the intersection of defense, security, and space.
“at the intersection of national security, defense, and space, a company like Voyager needed to exist.”
Listen at 13:32
Taylor says Golden Dome requires layered architecture addressing different threats.
“you need architecture that addresses all the threats.”
Listen at 15:10
Taylor says the U.S. and allies aim to build infrastructure enabling lunar habitation and work.
“ultimately what we want to do, we, the royal we, the U.S. and allies. or build infrastructure on the moon, power, propulsion, mobility, to ultimately be able to live and work on the moon.”
Listen at 16:22
Taylor believes the future lunar economy could be unlimited in scale.
“I think it's unlimited, truly.”
Listen at 16:53
Taylor expects Starlab’s NASA phase-two selection later this year or early next year.
“This will be an effort for phase two, which should be selected later this year or early next year.”
Listen at 17:52
Taylor assesses SpaceX Starship as transformative for the space industry.
“I think Starship is a game changer for the industry.”
Listen at 18:35
Taylor thinks orbital data centers make sense over the long term.
“I think long term it makes sense.”
Listen at 18:45
Taylor thinks Starlink-sized orbital data centers using mesh networks could work.
“if it's a form factor roughly the size of a Starlink satellite and you do a mesh network, which is what I think Elon plans, I think it works.”
Listen at 18:58
Cramer sees Pinterest as a potentially attractive investment opportunity.
“Could be a good opportunity here for one of the best still independent properties on the Web.”
Listen at 20:33
Ready says Pinterest has become an AI-driven shopping assistant.
“we've really turned Pinterest into an AI-driven shopping assistant.”
Listen at 21:24
Ready says Pinterest is a shopping destination for Gen Z.
“Pinterest is where Gen Z goes to shop”
Listen at 21:28
Pinterest says international monetization has substantial room to grow.
“More than 80% of our users are outside the U.S., but only 20%-ish of our revenue is outside the U.S., so there's a lot more room for growth there.”
Listen at 22:46
Pinterest says open-source models reduce comparable transaction costs below eight percent of closed-model costs.
“we're getting cost per transaction at less than 8% of the cost when we use open source models versus closed models.”
Listen at 23:52
Pinterest says its latest visual-search models improve shopping recommendations by 30 percent.
“our latest multimodal visual search models are 30% better at providing relevant recommendations on shopping for our users in our use case.”
Listen at 24:08
Pinterest says advertiser clicks have increased more than fivefold in three years.
“we've more than 5x'd the number of clicks to advertisers over the last three years.”
Listen at 25:47
Pinterest expected sustained mid-to-high-teens growth and margins above 30 percent.
“we thought this could be a consistent mid to high teams grower and that we could deliver 30% plus margins.”
Listen at 27:40
Cramer thinks Robinhood has a strong platform and will perform well.
“I think Robin has got a winning site and I think it's going to do well.”
Listen at 38:27
Cramer recommends Northwest Energy as a portfolio holding.
“That's a winning stock. That's what someone brings to me. That's the kind of thing you can put in your portfolio.”
Listen at 38:50
Cramer recommends Origin Bank, citing its 13-times-earnings valuation.
“You want to be in a stock like Origin Bank. It's a great regional bank that sells at 13 times earnings.”
Listen at 39:28
Cramer recommends regularly buying favored stocks or index funds regardless of price.
“Force yourself to buy shares in your favorite stocks and or an index fund, regardless of the current price. You'll do fine. Maybe better than fine. You might even just get rich.”
Listen at 40:55
Cramer predicts investors who sell favored stocks will miss major annual gains.
“if you don't stick with your favorites, you're absolutely going to miss the biggest gains of the year”
Listen at 43:39
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
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