We're encouraged by Wednesday's benign inflation data and strong neocloud earnings
retained text
Skip Navigation Markets Pre-Markets U.S. Markets Currencies Prediction Markets Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate Energy Climate Transportation Investigations Industrials Retail Wealth Sports Life Small Business Investing Personal Finance Fintech Financial Advisors Options Action ETF Street Buffett Archive Earnings Trader Talk Tech Cybersecurity AI Enterprise Internet Media Mobile Social Media CNBC Disruptor 50 Tech Guide Politics & Policy White House Policy Defense Congress Expanding Opportunity Video Latest Video Full Episodes Livestream Live Audio Live TV Schedule CNBC Podcasts CEO Interviews CNBC Documentaries Digital Originals Watchlist Investing Club Trust Portfolio Analysis Trade Alerts Meeting Videos Homestretch Jim's Columns Education Subscribe PRO Pro News Josh Brown Mike Santoli Calls of the Day My Portfolio Livestream Full Episodes Stock Screener Market Forecast Options Investing Chart Investing Subscribe Livestream Menu Make It select USA INTL Livestream Search quotes, news & videos Livestream Watchlist SIGN IN Create free account Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu We're encouraged by Wednesday's benign inflation data and strong neocloud earnings Published Wed, Aug 12 2026 12:30 PM EDT Paulina Likos @paulina_likos 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 Wednesday's key moments. 1. Stocks were modestly higher Wednesday on a subdued inflation report . The July consumer price index saw both the headline and core rates come in as expected, with gains easing a bit from June. Jim Cramer called the print "very benign," pointing to market odds going down to about 40% for an interest rate hike at the Federal Reserve's September meeting and 60% for a hold, according to the CME FedWatch tool. The CPI data pushed bond yields lower, which also supported stocks. On Thursday morning, we will see if the July producer price index tells the same story of moderating inflation. Jim's views on the economy and the broader stock market are on the agenda of our August Monthly Meeting on Thursday at noon ET. 2. While rates impact corporate, consumer, and government borrowing, Jim urged investors to focus on company fundamentals. The broader market was also supported by strong infrastructure earnings beats from neocloud companies Coreweave and Nebius , whose shares surged 19% and 27%, respectively, amid massive demand for AI cloud computing. Check your inboxes and texts shortly for a breakdown of what these cloud earnings mean for Club stocks Nvidia , Intel , and Micron Technology . 3. Home Depot shares fell more than 2% after the home improvement retailer announced its CEO, Ted Decker, is taking a temporary medical leave of absence. The company said that Decker is expected to return in the next few months. Club portfolio director Jeff Marks wished Decker well and said Home Depot should be in good hands until he gets back. The company has a "deep bench," Jeff said, putting faith in the two top executives tapped to run the day-to-day operations during Decker's absence. Investors will get an update on the business when Home Depot reports earnings next week. 4. Stocks covered in Wednesday's rapid-fire at the end of the video were: Super Micro Computer , Cava , Intuitive Surgical , and Brinker . (Jim Cramer's Charitable Trust is long NVDA, HD. 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. More In Morning Meeting watch now watch now VIDEO 10:27 Wednesday, August 12, 2026: Cramer says this semiconductor giant’s stock has a very good chance of breaking out Cramer: Intel may have something up its sleeve; Nvidia's financing push is 'monumentally positive' Natasha Abellard watch now watch now VIDEO 11:13 Tuesday, August 11, 2026: The Club is adding a position in this memory chip giant Read More
document fetched 2026-08-13 07:22 · canonical https://cnbc.com/2026/08/12/jim-cramer-breaks-down-his-latest-on-nvidias-position-in-the-ai-trade-.html