Jim Cramer's top 10 things to watch in the stock market Wednesday
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Palo Alto announced a massive acquisition, and shares of Starbucks jumped on signs of progress in its turnaround.
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July 30, 2025
01:24 PM
CNBC
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My top 10 things to watch Wednesday, July 30 1
Wall Street is on pace for a flat open ahead of a busy day for the market
Federal Reserve decision at 2 p.m
ET ed by Chair Jerome Powell's press conference a half hour later
After the close, we hear from names Meta Platforms and Microsoft . 2
Private payrolls grew by a more-than-expected 104,000 in July, ADP said this morning in its monthly employment report
The government's official jobs report is out Friday
The first look at second-quarter GDP showed the U.S. economy grew 3% in the three months in June
Elsewhere, President Donald Trump said his Friday tariff deadline will not be ext. 3. name Palo Alto Networks is buying CyberArk in a cash-and-stock deal that values the identity security vider at $25 billion
That's a bit rich versus the $20 billion number floated yesterday , but this deal gives Palo Alto a presence in identity management and accelerates its "platformization" strategy . 4
Morgan Stanley lifted its price targets on stocks Nvidia and Broadcom , arguing increased enthusiasm for AI chipmakers is justified by the long-term strength in the
Analysts' confidence in strong AI spending next year, in particular, continues to grow
They went to $200 a from $170 on Nvidia and to $338 from $270 on Broadcom. 5
Citi opened an "upside catalyst watch" on Eli Lilly after the stock's sell-off in sympathy with rival Novo Nordisk's ugly fit warning
Citi believes the GLP-1 issues are more Novo-specific
I hope that's the case as I'm used to seeing the weak pull down the strong
Still, for the , we trimmed our position in Lilly yesterday to manage risk. 6. s of name Starbucks climbed more than 5% this morning on the back of last night's encouraging earnings report
The overall results were messy, but CEO Brian Niccol had plenty of good things to say his turnaround plan
He's sped up the timeline of implementing service changes at U.S. cafes
I'll be talking to Niccol this morning on CNBC. 7
Jefferies upped its price target on Baker Hughes to $60 from $54 and kept the stock as a buy in the wake of its planned Chart Industries acquisition
The oilfield services firm got a good price on Chart, which will help it get more exposure to areas liquefied natural gas (LNG). 8
A number of price target cuts for UnitedHealth Group ing earnings, including at KeyBanc, which went to $350 from $400
Bank of America went to $290 from $300
The insurer established a low earnings baseline so it can start beating and raising. 9
People want to love PayPal again
While Citizens JMP lowered its price target to $100 from $110, the firm kept its outperform buy rating on the name ing earnings
Another roughly 2 million first-time PayPal and Venmo debit card users were added during the quarter. 10
UBS oddly lowered its price target on UPS to $118 from $124 but kept its buy rating on the dery giant
I would take that even lower
UPS warned of lower demand yesterday, citing macroeconomic uncertainty. for my Top 10 Morning Thoughts on the Market for free (See here for a full list of the stocks at Jim Cramer's Charitable Trust.) As a r to the CNBC with Jim Cramer, you will receive a trade alert before Jim makes a trade
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