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. The S & P 500 jumped 1.75% on Tuesday after President Donald Trump delayed his 50% tariffs on EU imports and said the bloc called to “establish meeting dates” for trade talks. Stock trading to start the holiday-shortened week could have been a “catastrophe,” Jim Cramer said, referring to last week’s laundry list of concerns . We took advantage of last week’s market sell-off to add to our position in Capital One . On the flip side, out of respect for a parabolic move in GE Vernova to all-time highs, we raised our price target but downgraded the Club stock to our hold-equivalent. Also on Tuesday, we took some profits in Broadcom after its recent rally. 2. Salesforce shares rose modestly Tuesday after the Club name announced plans to buy Informatica for $8 billion. Informatica stock gained 6% on the news. Jim compared the deal to Cisco Systems ‘ purchase of Splunk, which investors were skeptical of but later realized its potential. Jim said he met the Informatica team through Salesforce CEO Marc Benioff, finding the company intelligent about finding fraud. We look forward to hearing more from Salesforce when the company reports earnings after Wednesday’s closing bell. 3. Nvidia is said to be working on a new artificial intelligence chip for the Chinese market. According to Reuters , the chip will be much cheaper than its previous made-for-China H20 model, which was basically banned by the U.S. last month and resulted in Nvidia announcing a $5.5 billion inventory write down. Mass production of the new China chip could start as early as June. Nvidia shares rose nearly 3%, which pushed the Club stock back into the green year to date. However, Jim said he’s cautious about Tuesday’s stock gains and would not buy here ahead of earnings Wednesday evening. 4. Stocks covered in Tuesday’s rapid fire at the end of the video were: CoreWeave , Cummins, and United States Steel Corp , and Nippon Steel (Jim Cramer’s Charitable Trust is long CRM, COF, NVDA . See here for a full list of the stocks.) 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.
