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 Wednesday’s key moments. 1. The S & P 500 is greater on Wednesday as tech stocks rebound following Tuesday’s break of a seven-day win streak pushed by a drop in Oracle. This comes as some traders are questioning the sustainability of the AI commerce. While the market’s doing okay, Jim Cramer stated that AI stocks are rising as soon as once more, as predicted by business leaders, together with Nvidia’s Jensen Huang. In a dialog with Jim throughout October’s Monthly Meeting , Huang pushed again on a report stating that Oracle was seeing skinny revenue margins on its enterprise of renting out Nvidia chips to prospects, saying the corporate can be “wonderfully profitable.” 2. Salesforce is up on Wednesday however nonetheless beneath Monday’s positive factors. The inventory rose almost 4% in intraday buying and selling on Monday following information that its messaging platform Slack is integrating with OpenAI’s software program engineering device Codex. We booked some income within the lagging inventory on Monday’s pop, however that does not imply we’re giving up on it. “I believe that what they do at Dreamforce is really very accretive and very lucrative,” stated Jim. “To write off a company that’s making so much money, you have to be very careful.” Dreamforce is Salesforce’s large annual tech convention in San Francisco, which this 12 months runs from Oct.14-16. 3. Bristol Myers Squibb is one other inventory that we trimmed final week after it rallied together with different pharmaceutical stocks after the announcement of a drug-pricing deal between the Trump administration and Pfizer . But we aren’t planning to abandon that place both. “That’s a tough thing to do [with] Bristol. We don’t want to give up on it. But, we don’t want to be beholden to it,” Jim stated. The firm’s success is in the end driving on the profitable trials of its new schizophrenia drug Cobenfy. “I don’t want to suffer through anything,” stated Jim, including that he additionally is cautious about exiting positions too quickly, as he did with Johnson & Johnson or Alphabet . 4 . Stocks coated in Wednesday’s fast hearth on the finish of the video had been: Gold Futures , FedEx , and Tesla . (Jim Cramer’s Charitable Trust is lengthy BMY, CRM, NVDA. See right here for a full record of the stocks.) 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 a few 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.