Sharp market rotation may be winding down — plus, Meta pauses on AI hiring

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 of Thursday. The 1. Stocks were modestly lower on Thursday and extended the loss line of the S&P 500 to five straight sessions since last week's record level. With premium values, acute market rotation seems easy for the last two days from stocks. "This rotations usually take about three days. But it seems to be one and a half days," said Club Portfolio Analysis Director Jeff Marx. When we look forward, investors are waiting for Jerome Powell, the Federal Reserve President Jackson Hole on Friday. “This will probably move the markets, J Jeff said. During a CNBC interview published on Thursday, Kansas City Fed President Jeffrey Schmid hesitated about the deduction of a highly anticipated September interest rate. 2. Meta platforms, according to Wall Street Journal, more than 50 AI researchers and engineers after artificial intelligence paused on the craftsmanship. The report was confirmed by a commodity spokesman who describes ice cream as "basic organization planning". He said that the latest action should not be seen as a slowdown in AI investments. "Maybe this is actually a good thing they continue to hire. They allow their teams to work and put their plans." He said. 3. Walmart fired a three -month income, but missed earnings per share. “You don't really see this very often from Walmart, J Jeff said that it is a result of one -time costs that are not related to basic operations. Walmart shares, our retail names - Amazon, Costco and TJX - sank more than 4.5% in the news. Walmart's same store sales in the United States increased by 4.6% 4.6%. Similarly, TJ Maxx and Marshalls parent TJX reported an increase of 4% in Comps on Wednesday. 4. According to Bloomberg, Boeing is in talks to sell about 500 aircraft to China. Good news for the aviation and space industry, and a positive sign that trade talks between Beijing and the United States are well going. "If there is some kind of rise in tariff threats between the two, such an agreement can be taken at once. [countries]"Jeff said. The club added to our Boeing in April that aircraft can be used as bargaining chips by countries that want to reduce trade deficits.