It was a great week for stocks, as Wall Street speculated about the Fed’s highly anticipated interest rate decisions ahead and what’s coming next. The S&P 500 and Nasdaq each hit multiple record highs since Monday. Along with a mixed bag of economic data and a blown revenue report from Oracle, central bankers paved the way for market profits in preparation for the two-day policy meeting, which ends on September 17th. The S&P 500 finished slightly lower after reaching new daytime highs early in the day. This week, the S&P 500 rose 1.6% and the Nasdaq rose 2%. Late Tuesday, Wall Street first stuck with Oracle’s amazing 2026 first quarter report. Management shared that the company’s remaining performance obligations, yet unrecognised measures of contract revenue, had skyrocketed by 359% from the previous year. Oracle Stock closed at a record high on Wednesday, jumping nearly 36% in sessions following the release. The stock lost steam on Thursday and Friday, but managed weekly profits of 25.5%. This release has raised more than Oracle’s stock price. Stocks of chip makers like Club Holdings Nvidia and Broadcom jumped to tandem as software vendors’ huge cloud backlogs show continued demand for AI infrastructure. Shares in Nvidia and Broadcom rose 4% and 10% respectively on Wednesday, up almost 6.5% and 7.4% in a week. Economic data was a major focus for investors this week. On Wednesday, investors grew confidently in interest rate cuts after the producer price index (PPI), the main wholesale inflation rate, fell more than expected in August. PPI, which tracks input costs across a variety of products and services, fell 0.1% last month. This is a 0.3% increase compared to Dow Jones’ estimates. As a result, the S&P 500 and Tech Heavy Nasdaq ended their session on record on Wednesday. But it’s a complicated issue for policymakers on Thursday after consumer prices accelerated more than expected in August. The Consumer Price Index (CPI) is a widely-held gauge of retail inflation, recording a seasonally adjusted 0.4% increase for the month. This was the largest CPI gain since January, with Dow Jones’ estimates increasing by 0.3%. During the same session, weekly unemployment claims appeared at the highest level in almost four years. This showed signs of even more softness in the US labor market and potential cracks in the country’s economy, leaving the door open to lower rates more aggressively until the end of the year. Despite the vague measurements, the employment report appeared to cover up the CPI as it is likely that traders will cut for the first time since December 2024. .SPX.IXIC YTD Mountain S&P 500 (SPX), NASDAQ Composite (IXIX) Composite (IXIX) first – performances were capitalized in the club’s five trading since Monday. The club purchased Boeing twice this week. On Monday, last month’s Coterra Energy exit began its aerospace giant position after leaving the portfolio opening. The club bought more Boeing on Friday as stocks continued to decline. When starting a new position, it is recommended that each additional purchase be at a lower price than the previous price. This helps reduce the overall weighted average cost base. The club is because the Trump administration’s trade policy and subsequent tariff trading should strengthen demand for the jet. The club set a $275 price target on the stock, representing a 27% increase since the end of Friday. On Tuesday, the stock reached a record high, keeping some of Goldman Sachs’ position strong. However, this sale does not reflect changes in the club’s papers. I used my cash revenue to buy more Texas Roadhouses. Stocks in the Steakhouse chain have fallen sharply since its earnings report in early August. The stock earned weekly profits of nearly 5.7%. The club bought more Honeywell stocks on Thursday, hoping that the Fed’s expected cuts would be converted into economic pickups. Plus, Honeywell stocks are behind their run-up peers, split into three publicly available companies, making it a good time to buy. Part of Wall Street calls this “spin purgatory” and has little to do with the fundamental foundations. The stock lost more than 1% in a week. In addition to the performances of the yearly WFC Gev YTD Mountain Wells Fargo (WFC) and Ge Vernerova (GEV), we also focused on commentary from top executives from two portfolio companies, Wells Fargo and Ge Ververnova. On Tuesday, Wells Fargo CFO Mike Santo Masimo shared an aggressive central quarter update, including a significant increase in stock buybacks. Wells has purchased $5.5 billion in equity quarter so far, according to the executive. For us, it is a sign that management is bright, both at the company’s capital level and its revenue outlook. Santomasimo also added that Wells has seen “really good green shots” this quarter. The CFO pointed to more revenue growth, including its assets and asset management business, for example. “We started changing companies and really challenged companies that we think have the best opportunities in the long run,” Santomasimo said at the Barclays Global Financial Services conference. However, stocks fell slightly on Tuesday. This was due to profit gains after Monday’s run, and it could have been, rather than the company’s foundation. Wells stock won over 3% that week. Ge Vernova shares then sunk 1.5% on Thursday following mixed remarks by CEO Scott Strazik at the Morgan Stanley Laguna Conference. Strazik said that onshore wind orders, part of Ge Vernova’s smallest business segment, softly forecast a decline in revenue in 2026 compared to 2025. Still, the CEO seemed to fit the demand for electricity. This is great news for companies that make turbines used in Generate’s electricity. “The world will need more energy, and the proportion of energy coming from electricity will grow.” The stock in the industry name ended in a week above 7.4%%. The AAPL YTD Mountain Apple (AAPL) Apple Holding Apple on Tuesday, the performance club from the start of the year featured the iPhone 17 lineup and other devices that were refreshed at the company’s annual hardware event. That session fell by 1.5% as some investors saw product updates as more evolutionary rather than innovative, such as longer battery life and improved camera technology. Many wanted more important announcements about Apple Intelligence, the company’s artificial intelligence suite. The stock lost 2.3% that week. Jim opposed the inactive reception to the latest iPhone lineup. “Wall Street is wrong. There are many surprising things about this in comparison,” Jim said Friday, also pointing to the air and price rise for the new iPhone. That being said, Apple’s generative AI rollout remains important to the company’s future success. “Ultimately, Apple should offer Apple Intelligence if they see dramatic acceleration in their most important product upgrade cycles. The iPhone is Zev Fima, Investing Club portfolio analyst. “The good news is that Tuesday’s update certainly keeps the Apple product line fresh and attractive and provides the time needed to identify its AI strategy.” (For a full list of Jim Kramer’s Charitable Trust stocks, see here.) As a CNBC Investment Club subscriber with Jim Kramer, Jim will receive a trade warning before he can trade. Jim waits 45 minutes after sending a trade alert before purchasing or selling stocks in the Charitable Trust portfolio. If Jim talks about stocks on CNBC TV, he will wait 72 hours after issuing a trade alert before running the trade. 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