Pfizer

Cramer on next move after tech stock rallies

CNBC Investing Club host Jim Cramer recapped a morning meeting after markets rallied on strong corporate earnings and easing Middle East tensions. Treasury Secretary Scott Bessent said the U.S. is in talks with Iran and a deal to reopen the Strait of Hormuz could come imminently, sending oil lower. AI and data-center stocks extended gains; Cramer said Intel is "finally flying" and remains his preferred AI play. Boeing rose after a BNP Paribas upgrade, falling oil prices and FAA certification of the 737 Max 7. Microsoft continued gains while Amazon fell 2.5% after founder Jeff Bezos disclosed plans to sell roughly $4 billion of stock. Several other names were noted in a rapid-fire segment, and Cramer’s Charitable Trust holds AMZN, BA, INTC and MSFT.

Stocks to Watch: Palantir, Snap, AMD, SpaceX

CNBC’s Stocks @ Night roundup highlights corporate reports and market drivers ahead of the next trading session. Caterpillar has seen large gains tied to data-center construction, while McDonald’s, Merck and Pfizer show recent pullbacks from prior highs. Snap and Palantir posted strong quarterly results — Snap beat revenue expectations and CEO Evan Spiegel reported improving advertising momentum; Palantir beat estimates with a 93% year-over-year revenue jump. AMD has rallied recently but remains below its June peak and shows elevated options-implied movement. SpaceX shares have fallen roughly 50% from their June high as more shares are scheduled to be released to the market and a quarterly report approaches. Markets will also watch interviews with Treasury Secretary Scott Bessent and Philadelphia Fed President Anna Paulson and talk of coordinated U.S.-Japan yen intervention.

Tracksuit Acquires AI Brand-Monitoring Startup Hall

Tracksuit, a brand-tracking startup, has acquired Sydney-based Hall, a small startup that measures how brands appear in responses from AI assistants. Terms of the acquisition were not disclosed. The deal adds AI-monitoring capabilities to Tracksuit’s survey-based brand-health dashboard, which serves customers including Unilever and Pfizer, and will incorporate Hall’s four-person team — including founder Kai Forsyth, who will join Tracksuit as principal product manager. The combined product will track visibility across major AI assistants (the company said it will monitor ChatGPT and Google’s AI Mode) and is expected to be offered to existing Tracksuit customers this year, with a waitlist for new customers.