Mad Money w/ Jim Cramer – Episode Summary (June 24, 2025)

Host: Jim Cramer
Produced by: CNBC
Release Date: June 24, 2025

Market Overview and the Deep Seat AI Breakthrough

Deep Seat AI has been a hot topic since early this year, initially causing significant turmoil in the AI and tech sectors. Jim Cramer revisits the Deep Seat story, highlighting how misinformation led Wall Street to prematurely sell off AI-related stocks.

"Remember that [Deep Seat] nightmare officially came to a close as data center tech led the way back up driving the averages to near their all-time highs."
— Jim Cramer [02:30]

Cramer draws parallels between the Deep Seat incident and the 1957 Sputnik affair, emphasizing how initial fears of China’s AI advancements were unfounded and ultimately benefited U.S. tech stocks.

"This rally is a total refutation of everything you heard back in January when we accepted China had beaten us in AI."
— Jim Cramer [04:15]

Middle East Tensions and Oil Prices

The host discusses recent geopolitical tensions in the Middle East, particularly the conflict between Israel and Iran, and its impact on oil prices. The aftermath of President Trump's actions against Iran’s nuclear sites led to a decline in oil prices, alleviating previous inflation concerns.

"Oil plummeted from $78 and change at its highs yesterday to the mid-60s today. It's given up all of its gains since the mini war began."
— Jim Cramer [06:45]

Despite initial fears of Iran blocking the Straits of Hormuz, Cramer notes that Iran’s desperation for revenue keeps oil supply stable, contributing to a return to declining inflation trends.

Federal Reserve and Interest Rates

Cramer touches on the Federal Reserve’s stance on interest rates, noting that although Jerome Powell has opted to "wait and see," the current economic indicators in housing and autos suggest potential rate cuts later in the year.

"There is enough slowness in the economy in housing and autos that I think [Powell] will definitely get rate cuts at some point this year, tariff or not."
— Jim Cramer [07:30]

Data Center Renaissance and Tech Stocks

The resurgence in the data center sector has been pivotal in the market's rebound, with major players like Nvidia, Micron, and Marvell Technologies experiencing significant stock recoveries. Cramer emphasizes the importance of holding onto these stocks despite earlier pessimism fueled by the Deep Seat narrative.

"The Nvidia, the mds, the Vertifs, the Microns, the marvel technologies are all back or nearly back in the story."
— Jim Cramer [08:10]

Interview with Waheed Nawabi, CEO of AV (formerly Arrow Environment)

Cramer interviews Waheed Nawabi, CEO of AV, focusing on the company's recent Blue Halo acquisition and advancements in counter-drone technology. Nawabi explains how AV is positioned to meet the U.S. Department of Defense’s strategic priorities across various domains, including air, land, sea, space, cyber, and maritime.

"We have the solution that's operationally deployed that you can actually kill a drone or drop a drone from the skies with a small package of directed energy lasers."
— Waheed Nawabi [16:15]

Furthermore, Nawabi discusses AV’s role in the Golden Dome initiative, highlighting their comprehensive capabilities in laser communications and AI-driven defense systems.

"We represent basically two-thirds to three-quarters of the US DoD’s priorities in terms of our product sets."
— Waheed Nawabi [19:00]

Mastercard’s Foray into Stablecoins: Interview with Michael Meback

In another segment, Cramer engages with Michael Meback, CEO of Mastercard, about the company’s strategic moves into the stablecoin market. Meback underscores Mastercard’s commitment to integrating stablecoins into their payment ecosystem, emphasizing security, trust, and innovation.

"Stablecoins in itself is a rail. So we have leaned in because we said, okay, it actually does help with some use cases."
— Michael Meback [34:10]

He elaborates on partnerships, such as the collaboration with Fiserv, to facilitate the adoption of stablecoins, thereby enhancing cross-border payment solutions.

"We do this together with Fiserv to make it easier for traditional financial institutions to offer stablecoins to their customers."
— Michael Meback [35:25]

Lightning Round Highlights

The episode features a Lightning Round segment where Cramer addresses various caller questions about specific stocks:

• Chime IPO:

  "I think Chime I want to buy it. I think it's going to be good."
  — Jim Cramer [09:41]

• Lockheed Martin Investment:

  "Every time I see Jim take that. I say to myself why does anyone want to sell that stock."
  — Jim Cramer [10:15]

• CrowdStrike Holdings:

  "CrowdStrike's terrific. The bull market has a lot of similarities to the dot com boom."
  — Jim Cramer [30:31]

• Hims and Hers Health:

  "This is one of the most heavily shorted stocks in the market. You haven't made a dime until you ring the Register on part of your position."
  — Jim Cramer [28:00]

Cramer emphasizes the importance of discipline over conviction in managing speculative stocks, urging listeners to take profits to secure gains.

Final Market Insights

Cramer concludes by drawing a parallel between the current AI-driven bull market and the late 1990s dot-com boom, suggesting two to three more years of substantial gains. He acknowledges potential volatility and corrections but remains optimistic about the overarching upward trend fueled by AI and data center advancements.

"If the bull market is following in the footsteps of the dot com boom, then we've got two or three more years of incredible gains."
— Jim Cramer [28:45]

Conclusion

Jim Cramer wraps up the episode by reiterating his bullish stance on AI and tech sectors while advising prudent financial strategies amidst market fluctuations. He encourages listeners to remain disciplined, take profits where appropriate, and stay informed to capitalize on ongoing market opportunities.

Notable Quotes with Timestamps:

• "Remember that [Deep Seat] nightmare officially came to a close as data center tech led the way back up driving the averages to near their all-time highs." — Jim Cramer [02:30]

• "Oil plummeted from $78 and change at its highs yesterday to the mid-60s today. It's given up all of its gains since the mini war began." — Jim Cramer [06:45]

• "Stablecoins in itself is a rail. So we have leaned in because we said, okay, it actually does help with some use cases." — Michael Meback [34:10]

• "This is one of the most heavily shorted stocks in the market. You haven't made a dime until you ring the Register on part of your position." — Jim Cramer [28:00]

• "If the bull market is following in the footsteps of the dot com boom, then we've got two or three more years of incredible gains." — Jim Cramer [28:45]

Note: This summary excludes all advertisements, introductory segments, and non-content sections to focus solely on the substantive discussions and insights provided during the episode.