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. Markets are higher Wednesday thanks to a rally in megacap tech stocks after an antitrust ruling swayed in Alphabet’ s favor. Meanwhile, bond yields are lower, though the 30-year Treasury yield briefly topped 5% before retreating. Jim Cramer warns investors to stay the path and avoid seesawing between the wrong narratives about the Federal Reserve needing to lower interest rates to avoid a recession. “If interest rates are going down, then you should be buying, not selling, “Jim Cramer said. “I think that we’re almost oversold,” said Jim, who is not convinced that anything is awry. “The continued buying of the recession is wrong.” Jim is referring to recession-resistant stocks, which have been in favor recently. Looking ahead, Friday is a big day for markets as investors await the latest monthly jobs report. 2. As part of the ruling in the Google antitrust case, Google will not have to divest its Chrome browser, which is “very big for Alphabet,” Jim said. “It [the stock] absolutely should be up the way it is.” Apple also got a win as the ruling allows Alphabet to continue payments in exchange for Google search’s status as the iPhone’s default search engine. Shares of Apple and Google are up big Wednesday. Some concessions were made, however, as Google is barred from any exclusive contracts related to the distribution of its search engine, Chrome browser, AI assistant, and Gemini app. 3. Salesforce is gearing up for earnings Wednesday after the closing bell. The stock has had a disappointing year, down roughly 25%. “I think that Agentforce is terrific,” said Jim of Salesforce’s artificial intelligence offering. Salesforce CEO Marc Benioff has reinforced that the other verticals of the company are also doing well. Investors expect more details on when Agentforce will start contributing substantial revenues. 4. Stocks covered in Wednesday’s rapid fire at the end of the video were: Macy’s , Dollar Tree , Campbells , Signet Jewelers , and Martin Marietta Materials . (Jim Cramer’s Charitable Trust is long AAPL and CRM. 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.
