Meta's energy deal boosts the data center trade, sending our newest stock to another record high
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. Markets are higher Tuesday following Monday's solid intraday turnaround. "This is another one of those days where you look at the futures beforehand, and the futures say it's going to be a really ugly day," Jim Cramer said. "And then it turns out to not only be not that ugly of a day, but there's opportunity everywhere." Amid the latest trade headlines, the Trump administration wants countries to put in their best offers by Wednesday, Reuters reported . "Hopefully, we start to see more trade deals, " said Jeff Marks, director of portfolio analysis for the Club. 2. Club name Meta signed a 20-year agreement with Constellation Energy to buy nuclear power. Starting June 2027, Meta will buy about 1.1 gigawatts of energy from Constellation's Clinton Clean Energy Center in Illinois. If not for Meta's commitment, the plant was at risk of closing upon expiration of its zero-emissions credit. The power agreement points to the growing power needs of AI data centers, hence why portfolio names GE Vernova and Eaton — which both benefit from that trend — are also higher Tuesday on the news. GE Vernova has had a "parabolic" move since we started buying it last month, Jim noted. While that is usually a sign for us to trim, Jim said our overall GE Vernova position size is still too small to want to do that. GE Vernova is on track to close at another all-time high Tuesday. 3. CrowdStrike is set to report earnings Tuesday evening, as the company approaches the one-year anniversary of the major IT outage sparked by its faulty software update. Jeff said we'll be looking for more positive signs that the company has moved past the ordeal. As CrowdStrike discontinues incentives stemming from the outage, investors want to see confidence that net new annual recurring revenue will accelerate in the second half of 2025. The stock continues to rise despite noise of work force reduction and the investigation into the Carahsoft-IRS deal. Shares are up about 41% year to date. 4 . Stocks covered in Tuesday's rapid fire at the end of the video were: Dollar General , Pinterest, Signet , Alphabet , and Salesforce (Jim Cramer's Charitable Trust is long APPL, CRM, CRWD, ETN, GEV, META . 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.
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