Mad Money w/ Jim Cramer Mad Money w/ Jim Cramer 10/16/25
4 snips
Oct 16, 2025 
David Risher, CEO of Lyft, discusses the company's ambitious turnaround strategies, including innovative products like LiftSilver and an emphasis on driver relationships. He highlights the importance of international expansion and instant pickups. Todd McKinnon, Co-founder and CEO of Okta, dives into the complexities of identity security in the AI era, emphasizing the 'identity security fabric' as a solution to manage AI-driven threats. Both guests provide valuable insights into their industries' futures and operational challenges.
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Bad Bank Loans Make Fed Cuts More Likely
- Bank credit losses make near-term Fed rate cuts more likely and can relieve borrower defaults.
- Jim Cramer argues that contained bank pain could boost the broader real economy if the Fed eases.
AI Spending As The Fourth Industrial Revolution
- Heavy AI investment by big tech is reframing the industry as a necessary fourth industrial revolution.
- Cramer warns AI spending may reduce headcount but boost earnings per share through efficiency.
CEO Drove For Lyft To Learn The Business
- David Risher described driving Lyft himself to learn the driver experience and rider preferences.
- He said driving taught him why drivers stick with Lyft and how to improve service.