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. Stocks are lower Monday as bond yields spike after Moody’s downgrade of the United States’ debt late Friday from its highest-possible rating (AAA) to its second-best designation (AA1), citing concerns about the national debt. Moody’s became the last of the three major credit rating agencies to downgrade the U.S. credit rating. Jim Cramer called the news a “distraction,” and advised investors to continue to buy stocks. The Club is taking advantage of the market’s weakness to add more shares of GE Vernova to the portfolio. 2. AI chipmaker Nvidia rolled out some new AI tech . Bank of America analysts said that the new “NVLink Fusion” program is the most important of Nvidia’s updates as it allows for AI infrastructure to combine Nvidia processors with different CPUs and custom chips. Nvidia’s stock was a huge winner last week — up 16% — after the chipmaker struck AI deals in the Middle East and tensions eased between the U.S. and China. CEO Jensen Huang on Sunday delivered the keynote address at the the Computex AI conference in Taipei. 3. Apple shares are taking a hit on Monday following a Bloomberg report about how Apple has spent billions on AI and doesn’t have much to show for it yet. The report cited the indefinite delay of the Siri upgrade as an example. According to Bloomberg, some employees are blaming the struggle to the quick-paced AI culture. Separately, The New York Times reported that the Trump administration is concerned about Apple’s partnership with Alibaba to get Apple Intelligence in China. “Apple’s my No. 1 worry,” Jim said. 4. Stocks covered in Monday’s rapid fire at the end of the video were: Netflix , Reddit , and Shake Shack . (Jim Cramer’s Charitable Trust is long AAPL, GEV, 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.
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