The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
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 Thursday's key moments. U.S. stocks advanced Thursday as benchmark gauges built on their record-breaking performances in the prior session. The Nasdaq and Dow climbed 0.6% and 0.8%, respectively. The S & P 500 jumped 0.5% after the opening. The index hit above the 5,200 mark for the first time ever during Wednesday trading.
The Club thinks this will bring in another big revenue stream for Apple. "Do I like what they're doing? Absolutely not," Jim said of the DOJ and its lawsuit. "Do I think it presents a buying opportunity by tomorrow? Yes, I do." Broadcom stock surged 8% on Thursday, one day after the chipmaker's artificial intelligence infrastructure event. Analysts were upbeat on the updates, which including Broadcom announcing a third customer in its custom AI chip business.
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