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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. Market moves: The S & P 500 was slightly higher to start the week, but most of the gains were concentrated in AI-related technology stocks and the Magnificent Seven — especially Amazon, after it struck a multiyear deal with OpenAI worth $38 billion of compute capacity. The Nasdaq , with a heavier weighting in tech, was modestly higher. The rally in most of the Mag 7, which included Nvidia on a host…

Despite repeated pledges of support, China has yet to commit a specific financial contribution to the tropical forest-protection investment fund that Brazilian President Luiz Inacio Lula da Silva is banking on, as COP30 opens this week in Belem, northern Brazil.The Tropical Forests Forever Facility (TFFF) is a Brazil-led multilateral mechanism designed to reward tropical nations for keeping forests standing rather than clearing them.Operating as a permanent endowment, it will blend sovereign and private investment to generate returns that finance annual payments to forest countries, turning conservation into an asset class rather than a charitable cause.Chinese finance and environment officials have…

Bitcoin fell on Monday, extending losses after posting its first October decline since 2018, as persistent concerns over a slowing global economy and deteriorating US–China trade relations weighed on investor appetite for riskier assets.   The world’s largest cryptocurrency recorded sharp losses in October, significantly underperforming other risk assets following a sudden early-month sell-off. Bitcoin was down 2.5% at $107,810 as of 9:32 a.m. ET (14:32 GMT).   Bitcoin Ends Its Seven-Year “Uptober” Streak   Bitcoin lost around 5% in October, marking its first negative October since 2018—a month traditionally known for strong crypto performance, often dubbed “Uptober.”   Investor…

Nvidia was once again on the move after the world’s three biggest cloud companies, along with Meta Platforms , guided spending higher last week to keep pace in the artificial intelligence arms race. Some, if not much, of that spend should continue to fill the coffers of the Jensen Huang-run AI chip king. Club stock Nvidia on Monday soared another 4% to another all-time high — around $5.12 trillion in market value. In the run-up to next week’s earnings, we would expect to see more analysts raise their quarterly estimates and price targets on Nvidia. The stock closed above $5…

Bitcoin fell on Monday, extending losses after posting its first October decline since 2018, as persistent concerns over a slowing global economy and deteriorating US–China trade relations weighed on investor appetite for riskier assets.   The world’s largest cryptocurrency recorded sharp losses in October, significantly underperforming other risk assets following a sudden early-month sell-off. Bitcoin was down 2.5% at $107,810 as of 9:32 a.m. ET (14:32 GMT).   Bitcoin Ends Its Seven-Year “Uptober” Streak   Bitcoin lost around 5% in October, marking its first negative October since 2018—a month traditionally known for strong crypto performance, often dubbed “Uptober.”   Investor…

Long-simmering debates in Washington about the benefits of increased investment from China were revived in recent weeks after Beijing reportedly pushed US President Donald Trump’s administration to roll back national security restrictions on Chinese deals in the US.But despite signs of high-level political warming to the idea, analysts say the path forward for Chinese firms remains steep given federal and state restrictions and the realities of congressional and local politics.China’s security rollback request came up during September trade talks in Madrid, with Beijing dangling the prospect of a large investment package. No such pledge immediately came out of the Trump-Xi…

The European Union does not believe its industries are covered by a “de facto removal” of China’s historical restrictions on the export of rare earths and other critical minerals announced by the White House on Saturday.In a fact sheet detailing the outcomes of US President Donald Trump’s summit with Chinese President Xi Jinping last Thursday, the White House said that China “will issue general licenses valid for exports of rare earths, gallium, germanium, antimony, and graphite for the benefit of US end users and their suppliers around the world”.“The general license means the de facto removal of controls China imposed…

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 Monday’s key moments. 1. The S & P 500 was flat Monday. The tech-heavy Nasdaq advanced on another rally in shares of Amazon , which secured a $38 billion cloud commitment from OpenAI. The deal was a good omen for Jim Cramer, who opposes the narrative that investors should get out of “Magnificent Seven” stocks because the market is too heavily concentrated in the cohort. “I feel good about that,” Jim said, referencing his Sunday column thesis and…

Amazon went from “Magnificent Seven” zero to hero in a matter of days. First, it was blowout earnings on Thursday night, followed by a 9.6% stock surge the next day. Then, on Monday, it was a big cloud deal with OpenAI, and the stock soared another 4.5%. Amazon came into last week’s earnings print as the worst-performing Mag 7 stock in 2025. Now, it is up more than 16% year to date and hitting another all-time high Monday. AMZN 5D mountain Amazon performance over 5 sessions “Amazon just completely refuted” concerns about slowing growth in its cloud unit, Amazon Web…

The US Dollar Index held near a three-month high on Monday against a basket of major currencies, as investors awaited key economic data this week that is expected to offer only limited insight into the health of the US economy, while reinforcing the Federal Reserve’s cautious stance on monetary policy.   The Fed cut interest rates last week by 25 basis points, as widely expected, but Chair Jerome Powell warned that the move could be the final cut this year, citing risks in proceeding further without a clearer economic picture.   If not for the ongoing US government shutdown, this…