Home Depot helps the Dow reach a fresh high, and Nvidia eyes a new chip for China
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 Tuesday. As the 1. 2025 momentum leaders lose steam, the markets are involved on Tuesday. This is the S&P 500 and Nasdaq’s red, while the Dow Jones Industrial average has reached a new record level that has roughly a 3% profit on Home Depot. The majority of the “magnificent seven” stocks fell this morning; A remarkable exception is Apple, a delay this year. Meanwhile, Palantir, the posterchild of the momentum, is one of the worst -performing stocks in the S&P 500. Oracle and Netflix are lower with the club High-Pliers Broadcom and GE Vernova. “Today, some of the low -performance stocks, more value -based stocks,” said Jeff Marx, the club’s portfolio analysis director. In the early hours of Tuesday, we caught the shares of our latest portfolio holding Cisco. The stock session opened lower, but then turned into green. 2. A strong day of Home Depot reports weaker than the three -month income and earnings before the opening bell. However, he confirmed the full year’s appearance again. “The expectations here are much lower because we all know that the housing cycle is at the lowest level of 40 years.” He said. Beyond the surface, JEFF said that the monthly sales statistics of the retailers’ monthly sales statistics drew a very rise appearance for the third quarter “. Comparative store sales increased by 0.3% in May, 0.5% in June and increased by 3.3% in July. “You want to see the power coming out of the quarter, because it tends to gain momentum in the new quarter,” he said. We will receive our full earnings analysis later on Tuesday. 3. According to Reuters, Nvidia is developing a new AI processor for China. The report said that the company has created a newer and more advanced chip than the H20 model, which was approved by the country. Reuters reported that the club’s chip manufacturer was trying to start to give examples at the beginning of next month, but the regulatory approvals were not guaranteed. In addition, the Green Lights from the US government may result in a structure similar to Nvidia’s Trump administration and the last 15% income agreement. On Tuesday, Nvidia said in a statement to CNBC: “We evaluate various products for our roadmap, so that we may be ready to compete to the extent permitted by governments.” (Jim Cramer’s philanthropist trust is long CSCO, HD, Nvda. See here for the full list of stocks. 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.
