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 Tuesday’s key moments. 1. U.S. stocks are mixed Tuesday. Nvidia helped lift the tech-heavy Nasdaq into positive territory, while the Dow and S & P 500 fell slightly. The consumer price index , released before the opening bell, rose 0.3%, which put the 12-month inflation rate at 2.7% — in line with analyst expectations. The data was “benign,” said Jim Cramer, who warned investors to be careful. “There’s deflation in parts of the economy and inflation in other parts of the economy, which makes the job of the Fed tougher but not impossible.” Treasury yields were little changed on the report. The CME Group’s FedWatch tool shows only a 2.6% probability of a rate cut at the Federal Reserve’s meeting in late July. That likelihood jumps to 60% for the central bank’s September meeting. 2. Nvidia shares are up roughly 4.5% after the chipmaker said it hopes to soon resume exports of its H20 GPUs to China. “The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon,” Nvidia said in a statement late Monday. The chipmaker also announced a new fully compliant RTX PRO GPU. Nvidia previously said limited exports to China could cost it about $8 billion for the quarter, which Melius analysts project could be recovered as soon as the company’s fourth quarter. Jim praised CEO Jensen Huang’s strategic appeal to President Trump. “The president was not predisposed to do what Jensen wanted to do,” Jim said. But, Jim added, Jensen convinced Trump that the U.S. has “been hooked on everything Chinese, let them be hooked on something of ours. And, let’s make this the reserve currency of tech.” The reference to “reserve currency of tech” likens American AI to the dollar being a “reserve currency,” around the world. 3. Apple announced a $500 million dollar deal with MP Materials Tuesday for rare earth magnets and a new recycling facility designed specifically for Apple products. Shares of Apple rose a little more than 1% while MP Materials rocketed nearly 25% on the news. The update is part of Apple’s commitment to spend more than $500 billion in the U.S. over the next four years. “I made the point [to Apple] that if you spend $100 billion, you’ll get in the good graces of the government,” Jim said, adding that taking action is important. “They need to see shovels, shovels to the ground.” 4. Stocks covered in Tuesday’s rapid fire at the end of the video were: JP Morgan , Citigroup , Bank of New York Mellon , Trade Desk , and MP Materials , and Apple . (Jim Cramer’s Charitable Trust is long AAPL, NVDA. 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.
