Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks fell Tuesday, giving back some of Monday’s gains, as investors worry about renewed U.S.- China trade tensions . While AI trade stocks like Nvidia are leading the sell-off, much of the session’s weakness is also from speculative stocks. Jim Cramer previously flagged the group — quantum, nuclear, crypto, and rare earth stocks — as a risk to the market rally. “It would be absolutely fantastic if we could put a cap on speculation,” Jim said. “If we can get a cooling in speculation [stocks] and we don’t crush the rest of the market, we’re going to be good for some time,” he added. Meantime, big bank earnings are rolling in with portfolio names Black Rock , Goldman Sachs , and Wells Fargo all posting solid quarters. 2. Club name Broadcom received several Street price target raises following Monday’s announcement of a massive partnership with OpenAI to deploy 10 gigawatts of custom AI accelerators. Citi analysts raised their price target to $415 from $350. They said the deal may yield “an additional $100 billion and roughly $8 earnings per share over the next few years” for the custom chip designer. KeyBanc analysts also raised their price target, to $460 from $420, on similar views of boosted revenue and EPS under the partnership. Broadcom is “in the mix,” Jim said, along with our other chipmaker, Nvidia . Other hyperscalers like Amazon are “going to end up having to hire either Broadcom or bring in Nvidia because they’re not keeping pace,” Jim said. 3. Salesforce shares are down Tuesday as the company kicks off its annual Dreamforce conference, where they have a lot to prove to investors . “It’s great that they have this agentics business. But it’s not so great that the rest of the business could be eaten by AI,” said Jim, highlighting a concern on the Street about Salesforce’s software business. Jim is in San Francisco for Dreamforce and plans to ask CEO Marc Benioff about this challenge directly on “Mad Money” this evening. (Jim Cramer’s Charitable Trust is long AVGO, AMZN, BLK, CRM, GS, WFC . See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
