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 combined Tuesday as a few of the 2025 momentum leaders lose steam. That’s pulling the S & P 500 and Nasdaq into the pink, whereas the Dow Jones Industrial Average hit a fresh file excessive, led by a roughly 3% acquire in Club title Home Depot . The majority of the “Magnificent Seven” shares are down this morning; a notable exception is Apple , which has been a laggard this 12 months. Meanwhile, Palantir , the posterchild of momentum, is one the worst-performing shares in the S & P 500. Oracle and Netflix are additionally decrease, together with Club high-fliers Broadcom and GE Vernova . “What’s helping the market today is some of the stocks that have underperformed, some more value-based stocks,” mentioned Jeff Marks, the Club’s director of portfolio evaluation. We snatched up shares of our latest portfolio holding, Cisco, earlier Tuesday. The inventory opened the session decrease however later fought into the inexperienced. 2. Home Depot’s robust day is coming regardless of the retailer reporting weaker-than-expected quarterly income and earnings earlier than the opening bell. It did, nonetheless, reaffirm its full-year outlook. “The expectations here are actually much lower because we all know that the housing cycle is at a 40-year low,” Jeff mentioned. Beyond the floor, Jeff famous that the retailer’s month-by-month gross sales stats painted a “very bullish outlook for the third quarter.” Comparable-store gross sales rose 0.3% in May, 0.5% in June and surged 3.3% in July. “You want to see strength exiting the quarter because that tends to lead to momentum in the new quarter,” he mentioned. We’ll have our full earnings evaluation out later Tuesday. 3. Nvidia is growing a new AI processor for China, in accordance with Reuters . The report mentioned the firm is creating a newer and extra superior chip than the H20 mannequin that it was accredited to promote to the nation. The Club chipmaker is trying to start delivering samples as early as subsequent month, Reuters reported, although regulatory approvals will not be assured. Additionally, any greenlights from the U.S. authorities might end in a deal construction just like Nvidia’s current 15% income settlement with the Trump administration. Later on Tuesday, Nvidia instructed CNBC in a assertion: “We evaluate a variety of products for our roadmap, so that we can be prepared to compete to the extent that governments allow.” (Jim Cramer’s Charitable Trust is lengthy CSCO, HD, NVDA . See right here for a full listing of the shares.) As a subscriber to the CNBC Investing Club with Jim Cramer, you’ll obtain a commerce alert earlier than Jim makes a commerce. Jim waits 45 minutes after sending a commerce alert earlier than shopping for or promoting a inventory in his charitable belief’s portfolio. If Jim has talked about a inventory on CNBC TV, he waits 72 hours after issuing the commerce alert earlier than executing the commerce. 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.