The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
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 Monday's key moments. U.S. stocks reversed lower Monday, kicking off the second quarter of 2024. The S & P 500 has been on a tear this year, wrapping up its fifth consecutive positive month on Thursday. The recent rally has pushed the market into overbought territory, according to the S & P 500 Short Range Oscillator.
To be sure, we're not exiting Alphabet entirely. The tech behemoth has the balance sheet to catch up in the heated AI arms race. Wall Street analysts touted Microsoft on Monday. Melius Research said the company owns the "most valuable AI real estate," citing the firm's generative AI assistant, Copilot.
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