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. Equities under pressure U.S. stocks fell Tuesday, with the S & P 500 and the Nasdaq Composite both down more than 1% in midmorning trading. The S & P has pulled back roughly 4% this month, a result of higher government-bond yields and a stronger U.S. dollar . The yield on the 10-year Treasury climbed to more than 4.5%.
Anthropic said it plans to run the majority of its workloads on Amazon Web Services, Amazon's cloud-computing platform, and made a long-term commitment to provide AWS customers around the world with access to future generations of its foundation models via Amazon Bedrock. As a result, generative AI should be an accelerator to AWS revenue growth. 3. Earnings on deck Club holding Costco Wholesale is set to report quarterly results after the closing bell Tuesday.
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