CNBC's "Mad Money" host Jim Cramer talks the state of the market and what sectors are winning and losing right now. ...

[Music] It is time. It's time for the light. Bye bye by step and then the lightning round is over.Are you ready. Ski daddy times the lightning round start with Ned in Ohio. Ned.Good afternoon professor Kramer. How are you sir. I am good.Thank you for calling Ned. How can I help. Well, I wanted to talk to you about Marathon Petroleum Company.It's the largest petroleum refining, marketing, and transportation company in the US. Yes. And it's a good one.I think you want to own that stock. I I like it very very ...

President Trump's domestic agenda is now facing a new and major setback. This is on the budget and some of the things that Trump and the MAGA crowd want to ram through the budget, which is despite everything going on obviously in the world, still Donald Trump and the Republican party's greatest priority, getting this done somehow. And yet, as you're going to see in this breaking news, Republican senators are dealing with the setback in real time today.Well, I mean, as you know, it's pretty frustrating, righ ...

[Music] On Wall Street, strategists see AI and economic data replacing tariffs and the tax bill as the big focus for investors going forward. Barlay strategists expecting more gains for stocks with AI driving earnings. Joining me now, we've got Thomas Hayes, who is the Great Hill Capital Chairman and managing member.Thomas, great to have you here on set with us today. Great to be with you, Brad. Absolutely.I I had to try and squeeze your question in with our previous guest Dan Ives, but I got to know as wel ...

Now to the closing arguments in the Shaun Diddy Combmes criminal trial. Prosecutors making their final case accusing Combmes of using power, violence, and fear to get what he wanted. Khloe Molass has been following it all for us from the courtroom.Chloe, what else did prosecutors say today, Tom. So, prosecutors took a little under five hours to deliver their closing arguments, and they really zeroed in on the racketeering charge that Combmes faces. Remember, he could go to up to life in prison if convicted ...

If you can bring yourself to hate this market, then you'd hate any market. That's how I feel after looking at some of today's top performers in an otherwise strong session where the Dow gained 404 points, S&P climbed8%, closing a smidge below its high, and the NASDAQ jumped 97%. All helped by a statement out of the White House that said the upcoming July 9 trade deadline wasn't critical.Good news because we have only seen one deal so far with the UK and we're getting more than a tad nervous about what would ...

Here are some basic facts. We have major problems in the Middle East on a ton of fronts. The Trump administration has pursued these policies to try to contain Iran and had some success.And yet the Trump administration is right now clashing over its own intelligence leaks, which the government is responsible for, and clashing with reporters, which is a kind of odd place to be at the highest levels of government amidst all of these important Middle East and international issues. At the Pentagon today, things ...

Police in LA are looking for whoever ransacked the house of Brad Pitt according to senior law enforcement sources. It happened overnight late last night. They don't know how much of Pit's stuff was taken, but they're looking for three suspects.Police found the house completely ransacked. To your point, uh there's no dollar bill or price tag on what exactly was taken. But obviously be quite rattling for the Hollywood star to come home and find his house basically kind of turned upside down.Uh they say they'r ...

Tonight, the Pentagon revealing new details of that secretive mission. The B2 bomber crews that targeted Iranian nuclear sites with 30,000 lb bunker buster bombs. When the crews went to work on Friday, they kissed their loved ones goodbye, not knowing when or if they'd be home.The chairman of the Joint Chief saying it was 15 years in the making, showing footage of the bombs being tested, saying it all went according to plan. The weapons all guided to their intended targets. Anyone with uh you know two ear, ...

The Congressional Budget Office, known in your hood as the CBO, estimated that the GOP's tax bill will increase the deficit by $2.4% trillion over the next 10 years. University of Pennsylvania's Wharton budget model estimates that estimates that it could increase by as much as $4.3% trillion with the Senate and House hoping to have a finished version of the tax bill ready by July 4th. This could be the next big piece of economic data.I want to bring in Brett Ryan, Deutschbank's senior US economist. And stil ...