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 Wednesday's key moments. 1. Stocks rebounded Wednesday following weaker sessions to start the week. The Nasdaq led the way, jumping more than 1.5% and trading above 20,000 for the first time ever. Alphabet stock extended strong gains for the second consecutive day.
Shares of Eli Lilly slipped Wednesday despite news the drugmaker is teaming up with privately held telehealth company Ro to start offering single-dose vials of Lilly's weight loss treatment Zepound. The partnership, which should make it easier to get access to the medication, is in line with management's commentary on its third-quarter earnings call regarding plans to increase marketing efforts.
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CNBC's Jim Cramer Tells Investors Not to Write Off Big Tech Megacap StocksCNBC's Jim Cramer advised investors not to dismiss Big Tech megacap stocks after they made a strong comeback on Tuesday following recent declines. He cited Apple's improving iPhone upgrade rates and Microsoft's potential boost from AI PC sales.
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CNBC's Jim Cramer Warns Against Writing Off Big Tech Megacap StocksCNBC's Jim Cramer advised investors against dismissing Big Tech megacap stocks, emphasizing their resilience and ability to rebound.
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CNBC's Jim Cramer Urges Investors Not to Write Off Big Tech Megacap StocksCNBC's Jim Cramer emphasized the resilience of Big Tech megacap stocks after recent declines, advising investors to not dismiss them. He highlighted improvements at Apple and Microsoft, while expressing uncertainty about Meta's performance.
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Jim Cramer's big takeaway from the market reaction to Nvidia's earnings beatThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
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