Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream weekdays at 10:20 a.m. ET. A recap of Thursday’s key moments. 1. U.S. stocks edged higher on Thursday, helped by a strong earnings forecast for Taiwan Semi, which shifted Wall Street’s focus away from escalating trade tensions with China. President Donald Trump on Tuesday threatened the world’s second-largest economy with a ban on trading in cooking oil. This follows President Trump’s threat last Friday to increase exports to China by 100%, in retaliation for China’s export restrictions on rare earths, a key element in modern manufacturing of everything from iPhones to missiles. Jim Cramer also mentioned our intention to withdraw from Abbott, and our trade alert was issued about an hour after the meeting ended. 2. Chip design companies Nvidia and Broadcom rose on Thursday following the aforementioned quarterly earnings report from Taiwan Semiconductor (TSMC), the world’s largest maker of advanced chips. TSMC posted approximately 39% year-on-year profit growth in the third quarter and raised its sales growth forecast for 2025. During the conference call, TSMC CEO CC Wei said the company’s “confidence in the AI megatrend is growing.” This report bodes well for portfolio names Nvidia and Broadcom, as it is a positive signal for demand across the AI chip and semiconductor industry. TSMC is a major manufacturer of Nvidia and Broadcom chips. 3. Other stocks that boosted portfolios on Thursday included Starbucks and Salesforce. The coffee giant’s shares rose nearly 2% after Jim reported that the value of its China operations was higher than previously expected. Meanwhile, Salesforce stock rose more than 4% after analysts had a bullish day at the company’s annual conference, DreamForce. A full analysis of both of these headlines is expected to be released later Thursday. (Jim Cramer’s charitable trusts are long NVDA, AVGO, CRM, SBUX. See here for a complete list of stocks.) As a subscriber to Jim Cramer’s CNBC Investment Club, you will receive trade alerts before Jim makes a trade. After Jim sends a trade alert, he waits 45 minutes before buying or selling stocks in his charitable trust’s portfolio. If Jim talks about a stock on CNBC TV, he will issue a trade alert and then wait 72 hours before executing the trade. The above investment club information is subject to our Terms of Use and Privacy Policy, along with our disclaimer. No fiduciary duties or obligations exist or arise from your receipt of information provided in connection with the Investment Club. No specific results or benefits are guaranteed.
