RingCentral CEO Vlad Shmunis came on to "Mad Money" to break the partnership down.
Cramer noted that before the announcement of the partnership RingCentral had been growing by more than 33%. He asked Shmunis if that could accelerate. "We certainly hope so. It's hard to make exact predictions, but we do know that Avaya's customers, and frankly other customers, on-premise folks really do want to go to the cloud,""So, there is quite a bit of demand and with this new announcement we now have one of the world's largest installed bases of on-prem, 100 million users, and a very well established international partner network," he continued.
to be made between the United States and China later this week. The host broke down the Trump administration's stance going into trade talks on Thursday and said that any deal would give the stock market a boost, but it's unlikely. "China wants to placate us by buying some soybeans, but the White House wants real change," Cramer said. "So until the basic political calculus changes, on one side or the other … I just don't see a market-moving deal happening this week."