Sep 18, 2026 · 44 min
Cramer weighs retail investing, industrial AI and September risk
Mad Money w/ Jim Cramer 9/18/26
The episode connects market volatility and speculative trading with the larger questions AI raises for factories, infrastructure and financial platforms.
- 1Robinhood CEO Vladimir Tenev outlines a broader retail-investing platform spanning international stocks, credit, tokenization and prediction markets.
- 2Siemens CEO Roland Busch argues industrial AI and automation can reshape engineering, electrification, data centers and workforce needs.
- 3Cramer weighs September volatility, copper’s demand signal and the risks of backing companies that remain unprofitable.
Don't miss
Roland Busch explains how Siemens combines industrial operations with digital technologies and AI across engineering, automation, electrification and data centers.
The brief
Jim Cramer opens with September market risks and a quiet stretch that may not last, while defending continued ownership of Micron because its valuation remains low.
Robinhood CEO Vladimir Tenev describes a platform expanding beyond stock trading into international shares, credit cards, tokenization, prediction markets and Trump accounts.
The copper discussion turns on a central market tension: near-record prices may signal economic strength, or become expensive enough to weaken demand.
Siemens CEO Roland Busch makes the industrial case for AI, linking automation and engineering software to electrification, data centers, rail manufacturing and workforce change.
A San Francisco technology roundup shifts from opportunity to safeguards, emphasizing cybersecurity, identity, testing, governance and responsible engineering rather than halting AI development.
What was said on this episode
32 statements · 20 positive · 7 negative · 1 mixed · 4 neutral
iPhone 18 provides approximately 36 hours of battery life per charge.
“This new phone gets something like 36 hours per charge before it runs out of juice.”
Listen at 1:24
iPhone 18 is incremental, while Apple Duo could become indispensable.
“I think the 18 is incremental, but the duo is revolutionary, and it could become indispensable for all of you who are watching.”
Listen at 2:23
Apple Duo could become indispensable to users.
“the duo is revolutionary, and it could become indispensable for all of you who are watching.”
Listen at 2:25
Apple Duo reviews are reportedly among Apple’s best ever.
“the reviews for the duo are said to be among the best in Apple's history.”
Listen at 3:36
KB Home is likely to report another poor result amid higher rates.
“I think it's going to be one more lousy number from a home builder because how are they supposed to do it well when, like, the feds raise their rates?”
Listen at 6:17
Cintas and Paychex are entering earnings with strong momentum.
“Both are coming in earnings with a full head of steam.”
Listen at 6:54
General Mills is not recommended because its high yield reflects business pressures.
“I can't recommend it.”
Listen at 7:15
Olive Garden is an exceptionally profitable business.
“Olive Garden's a gold mine.”
Listen at 7:23
Costco is struggling to retain younger members.
“They're having problems getting younger people to re-sign up for membership.”
Listen at 7:41
The market is officially oversold and may be due for a rebound.
“we are finally oversold. Yes, officially. Minus 5.6. And we may be due for a bounce.”
Listen at 8:02
Micron should not be sold now.
“No, Jason, I don't. I don't.”
Listen at 8:56
Micron is very cheap and held in a large charitable-trust position.
“this is one incredibly cheap stock, which is why we have a giant position for it for the charitable trust.”
Listen at 9:05
Robinhood customers are requesting more trading assets and international stocks.
“there's a lot of things where, you know, obviously where customers are asking us for more trading assets, international stocks.”
Listen at 11:13
Broader ownership of quality financial assets makes society more stable.
“a society where more people own high quality financial assets is inherently a more stable society”
Listen at 12:27
Active traders are foundational to Robinhood’s business.
“active traders as a part of our business um it's really the engine room and the foundation of our business”
Listen at 13:11
More than $100 trillion in wealth is transferring to younger generations.
“Over $100 trillion in wealth is passing from older generations to younger.”
Listen at 15:59
Technology can make sophisticated financial services accessible to tens of millions.
“with technology, we can... make the front door much bigger and open it up to tens of millions.”
Listen at 17:22
Sports will become a minority of prediction-market contracts within a few years.
“within a few years, sports will actually be in the minority.”
Listen at 20:04
Trump accounts could become the best philanthropic platform.
“I think this could be the best philanthropic platform out there.”
Listen at 21:52
Hyperscalers are replacing copper with faster, cheaper fiber-optic cable.
“the hyperscalers have started replacing copper with fiber optic cable, which is both faster and cheaper to use.”
Listen at 23:51
Federal Reserve tightening puts downward pressure on copper prices.
“When the Fed is no longer your friend, the path of least resistance for copper is lower.”
Listen at 28:34
Cramer would sell copper, Freeport-McMoRan, or Southern Copper on Monday.
“If I were in copper and I saw that, or by the way, FCX or Southern, I guess I'd sell it on Monday.”
Listen at 28:40
Siemens is well positioned to benefit from industrial AI.
“I believe this is a vff share to play here because we know the real world”
Listen at 30:19
Siemens technology automates one-third of production lines worldwide.
“every third line in the world is automated by Siemens technology.”
Listen at 30:51
Siemens AI and engineering software shorten design cycles and improve outcomes.
“It shortens your cycle time and eventually gives you a better outcome faster.”
Listen at 32:41
Autonomous Siemens manufacturing sites will still require human workers.
“you lose some, that's clear. But even on the shop floor. when we are running, let me, autonomous manufacturing sites. That's what we are heading for. You will see still people working there.”
Listen at 33:19
Siemens’s AI-driven transformation will create new jobs.
“therefore, there will be new jobs.”
Listen at 33:40
The U.S. market is Siemens’s fastest-growing market.
“The American market is really the fastest growing market.”
Listen at 34:08
Amtrak is renewing its fleet with Siemens trains.
“Amtrak is renewing their fleet with our trains.”
Listen at 34:54
Higher interest rates are highly damaging to Rocket Mortgage.
“the rate hike is the worst thing for these guys.”
Listen at 37:10
NVTS is only a reasonable speculation because it is unprofitable.
“I think it's a good spec, not a great one, because they're not making money.”
Listen at 37:43
Visibility and control are necessary to mitigate AI risks while realizing benefits.
“the only way to do that while also mitigating the risks is visibility and control.”
Listen at 41:30
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.