My Top 10 Things to Watch Monday, February 2 1. The S&P 500 fell this morning as Wall Street began a new trading month. Bitcoin fell below $80,000 for the first time since April 2025, dealing a blow to crypto-related names like Robinhood and Coinbase. In Sunday’s column , I said I was keeping an eye on Alphabet and Amazon’s earnings this week, along with Friday’s new jobs report. 2. NVIDIA stock fell 1.5% premarket after the Wall Street Journal reported that NVIDIA’s $100 billion investment plan in OpenAI fell through. We know Nvidia wants to be involved, but we don’t know how much effort they’re putting into it. Do not trade this stock. 3. Google’s self-driving car business, Waymo, is reportedly close to closing a $16 billion funding round, according to the Financial Times. Google’s parent company Alphabet plans to donate more than 75% of the proceeds, according to the report. The club’s shares fell more than 1% this morning. 4. Oracle stock surged more than 6% premarket after the software company announced plans to raise $50 billion to improve its AI capabilities for customers. Funding will come from both equity and debt. In response, TD Cowen predicted that Oracle would consider cutting staff to preserve cash flow. 5. Disney announced quarterly results this morning that significantly exceeded analyst profit and revenue expectations. The experience segment, which includes theme park, resort and cruise sales, drove results. The company is stepping up share buybacks. We exited Disney in November after a disappointing quarter. 6. Barclays slightly raised the price target for club name Dover from $205 to $206 and maintained the stock rating at Hold. Analysts said the company’s acquisition could be a “potentially powerful lever” to increase stock valuation multiples this year. 7. Barclays also raised its price target on GE Vernova from $840 to $849. The company is positive about the promotion of electric power equipment manufacturers. I said Friday that the stock could soar to $1,000, especially if Microsoft signs an energy deal with the company to support its AI infrastructure. The company’s stock price fell early last week after lower-than-expected earnings, but we saw this as a buying opportunity. He raised the stock price to buy equivalent to 1 share and reiterated his price target of $800. 8. Jefferies raised Boeing PT from $290 to $295 and reiterated a buy rating. The aircraft maker reported mixed quarterly results last week, but it showed progress in the turnaround effort led by CEO Kelly Ortberg less than 18 months after taking the job. 9. Colgate on Friday posted better-than-expected growth in the fourth quarter by the narrowest margin ever. Fourth-quarter earnings and sales exceeded expectations, thanks to Europe and Latin America. Wall Street loves housewares companies. JPMorgan, BofA, Citi, and Morgan Stanley all raised their price targets. The stock price has increased about 15% since the beginning of the year. 10. Goldman Sachs added ServiceNow to its U.S. conviction list and predicted the company could maintain 20% internal growth annually through 2029. Have you established your position on enterprise SaaS (Software-as-a-Service)? Sign up for free for my Top 10 Morning Thoughts on the Markets email newsletter (See here for a complete list of Jim Cramer Charitable Trust stocks.) As a subscriber to Jim Cramer’s CNBC Investment Club, you’ll 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.
