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. U.S. stocks were mixed Monday. Friday’s bounce-back rally was not enough to prevent the S & P 500 from dropping for a fourth straight week on tariff concerns. Treasury Secretary Scott Bessent said he’s not worried, calling market corrections healthy on Sunday during NBC’s “Meet The Press.” Jim Cramer on Monday begged to differ, saying corrections are just painful. Club stock Nvidia resumed its slide Monday after last week’s nearly 8% gain ahead of CEO Jensen Huang’s GTC keynote address Tuesday. Jim said Nvidia stock has “become very pedestrian” and Huang needs to wow Wall Street to win investors back . 2. Melius Research on Monday released a note in support of Apple after the stock sank nearly 11% last week. The analysts downplayed the delays of more AI updates to Siri. They believe Apple could take a few lessons from the 2017 launch of the iPhone X, which saw growth from higher average selling prices (ASPs) versus units sold. There are rumors of a new “iPhone Air” form factor coming in September, Melius said, which could replace the Plus and alter designs for the flagship Pro and Max models. That could drive customers to seek tiers with higher ASPs given new components, the analysts wrote. 3. DuPont has named Joe Kemp as CEO of its electronic business, which will be spun off into a separate company. Kemp isn’t seen as much of a surprise since he is currently the president of DuPont’s Electronics & Industrials unit. In the release, and perhaps more important than the CEO news, DuPont said the spin is still on track for Nov. 1. “We have continued to buy a lot of DuPont at this level. So, I can’t just say let’s buy more DuPont” for the Club, Jim said. But he said investors who do not own the stock should know that Monday’s announcement is a very “positive development.” 4. Stocks covered in Monday’s rapid fire at the end of the video were: Netflix , Arista Networks , Blackstone, Affirm , and Norwegian Cruise Lines . (Jim Cramer’s Charitable Trust is long NVDA, DD, AAPL. 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.
