Amazon turns grocery business on its head again — but don't sell Costco

Jim Cramer and CNBC Investment Club with Jim Cramer on weekdays are organizing a live stream at the "Morning Meeting" at 10:20. Here is a summary of the key moments on Wednesday. The 1. S&P 500 and Nasdaq hit the highest levels of all time for the second flat session, but a little boiled. In addition to the federal reserve interest rate of cool consumer inflation data, more than expected, the additional interruptions rates increase in October and December. Orum I'm worried that things are very enthusiastic, Jim Jim Cramer said at the morning meeting, before the monthly meeting for club members at noon on Thursday. Health service, consumer optional and financial stocks were higher in the market on Wednesday. Our newest stock, Cisco Systems, reports the earnings after the closing bell on Wednesday. 2. NVIDIA shares fell about 2%-Coreweave's fell after earnings caught some sales prints, which rented Nvidia chips for AI workloads. However, Piper Sandler raised the price target in Club Stock Nvidia from $ 180 to $ 225 per share and maintained an overweight purchase note. Analysts are looking at the quarter and contrary to the US due to the latest positive comments made by the US hyper scales and the income from China. There are reports about whether customers have purchased China -specific chips that are allowed back to the market. "They buy like crazy, Jim Jim said, he added that this is the news about the good authority from someone close to the situation. On Wednesday, Amazon announced that he had made meat, eggs and production on the same day in more than 1,000 cities and towns in the USA. "Once again, Prime's bargaining is very amazing." He said. Grocery chains Kroger and Albertsons shares fell more than 4% and more than 2.5%, respectively. Club name Costco roughly 1%. However, Jim said that Costco should not fall because he does not compete with Amazon in delivery. Costco is a "price job, a volume job". At the end of the 4th video, the stocks covered on Wednesday on Wednesday were Java, Brinker and Coreweave. (See here for the full list of Jim Cramer's philanthropist's confidence in the charitable trust. Jim is waiting for 45 minutes after sending a trade warning before buying or selling a share in the portfolio of charitable confidence. If Jim talked about a stock on CNBC TV, he's waiting for 72 hours after trading warning before trading. The above investment club information is subject to our conditions and conditions and our Privacy Policy with the waiver. There is no confidence or duty or not, as you receive any information provided in connection with the Investment Club. A specific result or profit is not guaranteed.