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 . Wall Street was sharply lower Tuesday, with the Nasdaq ‘s nearly 2% slide leading the declines. The tech-heavy index as well as the S & P 500 and the Dow were coming off rallies in the prior two sessions. The Mag 7 stocks were all down Tuesday, with Club names Meta Platforms and Alphabet down 4% and 3%, respectively. The stock market is still trying to figure out how President Donald Trump ‘s tariffs will impact the economy. “Until we have some of that clarity, I think it’s very reasonable to expect continued volatility, Jeff Marks, director of portfolio analysis for the Club, said during the Morning Meeting. 2. Anticipation is high for Nvidia CEO Jensen Huang’s keynote at the company’s GTC on Tuesday afternoon. Truist analysts believe the address could be a positive catalyst if Jensen can provide insights into large customer spending over the next few years. That’s key since the Club stock’s multiple is the cheapest it’s been in quite some time, potentially suggesting that a down revenue year is afoot. Jim Cramer said, “If he does show something that is multiyear, I think you’re going to wish you bought it and not sold it.” 3. Wells Fargo confirmed late Monday the termination of another regulatory consent order — this one from 2021 related to home lending. It was the 11th cleared since 2019 and the fifth since the start of 2025. Wells Fargo is making a lot more “progress toward improving their risk and control and being on the right side with regulators,” Marks said, which could help the bank’s case for getting the 2018 Fed-imposed $1.95 trillion asset cap removed. Earlier this month, we wrote a story about how lifting the cap could save Wells Fargo billions of dollars and spur activity in emerging businesses. 4. Stocks covered in Tuesday’s rapid fire at the end of the video were: Block , Ralph Lauren , and Tesla . (Jim Cramer’s Charitable Trust is long NVIDIA, Apple, and Wells Fargo. 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.
