Wall Street is looking to kick off the third quarter on a higher note.
My top 10 things to watch Monday, July 1 Stocks are indicated higher Monday following a slight decline last week. That is despite the yield on the 10-year Treasury surging higher to about 4.44%; it was as low as 4.263% early Friday. Monday marks the first day of the third quarter. The top-performing Club stocks in the second quarter had one thing in common: the AI trade.
Bernstein names a bunch of winners from the electricity needs of AI data centers, including Club holding Eaton, which has climbed 30% this year. The firm also calls outto $600 a share from $550, arguing the social media giant's ability to monetize generative artificial intelligence is underappreciated despite rising capital expenditures.to $77 a share from $71.
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..
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Jim Cramer's top 10 things to watch in the stock market MondayWall Street is little changed Monday after an up-and-down week for the AI trade.
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