By Natasha Abellard
Publication Date: 2025-12-10 16:47:00
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. Stocks were mixed Wednesday as investors awaited the Federal Reserve’s expected interest rate cut at the conclusion of its December meeting at 2 p.m. ET. Fed Chairman Jerome Powell’s news conference is set for 2:30 p.m. ET. Jim Cramer is paying attention to the S & P Short Range Oscillator as it hovers slightly below overbought territory. Despite this, Jim cited Club names Procter & Gamble and Texas Roadhouse as potentially “attractive” buy opportunities. 2. GE Vernova soared to all-time highs of $725 per share. The energy equipment giant excited investors with exceptional guidance out through fiscal 2028. The stock earned upgrades to buy ratings from at Oppenheimer and RBC Capital. JPMorgan hiked its price target on the stock to $1,000. “I think that’s where it’s headed,” agreed Jim. We raised our Club price target on the stock to $800 from $700 and reiterated our buy-equivalent 1 rating . 3. Nvidia shares dipped Wednesday following a report in tech media outlet The Information, which said China-based AI startup DeepSeek was using smuggled Blackwell chips for its next models. Club name Nvidia refuted the claim. As of now, the U.S. chipmaker is still waiting to publicly hear about orders out of China for H200 chips, which were approved this week for export by the U.S. “This is all the wrong narrative,” said Jim, who…
