Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks are higher Thursday, rebounding from Wednesday’s pullback, but overall it remains an extremely choppy week, especially for AI-related technology companies. Tech is the only sector lower in the session, weighed down by a post-earnings selloff in Microsoft on disappointing cloud computing figures, ongoing volatility in Nvidia — here is Jim Cramer’s latest take on this week’s DeepSeek developments — and some selling in enterprise software after ServiceNow couldn’t top lofty expectations. Within the portfolio, Broadcom is leading the way Thursday — up about 5%, after a rough start to the week on DeepSeek fears — helped by Meta Platforms’ conference call commentary on its plans to expand use of custom silicon. Broadcom is believed to help co-design Meta’s in-house chips, similar to its arrangement with Club-owned Google parent Alphabet . Not too far behind is Nextracker , which is building off its 24% earnings-fueled surge Wednesday with another 4% gain. The stock is on track to close above $50 a share for the first time since July. Another earnings-related mover is Dover , which reported mixed fourth-quarter results earlier Thursday, but signaled that solid profit growth should be ahead this year. Here’s our full writeup of Dover’s earnings. Yields down : The Federal Reserve’s latest policy meeting and press conference from Chair Jerome Powell on Wednesday came and went with very few surprises and no fireworks, a welcome thing for the market. Interest rate sensitive groups like real estate and utilities are getting a lift thanks to a dip in the 10-year Treasury yield. Our home improvement-related stocks — Home Depot and Stanley Black & Decker — are bouncing as well. More broadly, housing-related stocks like the strong numbers and big buyback plan from the homebuilder PulteGroup , but Whirlpool’s disappointing quarter raises some eyebrows around big-ticket items like appliances. Rates could be on the move Friday when the Fed’s preferred inflation gauge, the PCE index, is released for the month of December. Up next: Apple reports after the closing bell on Thursday, and we’ve been clear in saying the results probably won’t wow the market. But we’re interested in seeing the company’s services revenues trends, learning what’s next to come with Apple intelligence in the U.S., and if DeepSeek is the right partnership to explore to get Apple Intelligence approved in China. Other companies reporting include Intel , Visa , KLA Corp ., Baker Hughes , Atlassian , Hoka parent Deckers Outdoor , and Weyerhaeuser . Before the opening bell on Friday we’ll hear from Eaton , and we’ll be focusing on order trends and the growth opportunities in secular themes beyond the data center. Other companies reporting include Exxon Mobil , Chevron , AbbVie , Colgate-Palmolive , Booz Allen , Charter Communications , LyondellBasell , and Novartis. Novartis remains on our stocks-to-watch Bullpen list. (See here for a full list of the stocks in Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.
