Why Jim Cramer backs Meta's AI spending — and the latest on Apple and Amazon ahead of earnings

Every weekday the CNBC with Jim Cramer holds a "Morning Meeting" at 10:20 a.m

Here's a recap of Thursday's key moments. 1

Adding to the optimism, U.S

Treasury Secretary Scott Bessent said Thursday the U.S. has "the makings of a deal" with China

The drugmaker isn't getting credit for its strong results because investors are focused on the impending outcome of a trial examining schizophrenia drug Cobenfy's ability to treat Alzheimer's psychosis

Until then, we're not buyers on this weakness. 2

Both Microsoft and Meta Platforms reported terrific results Wednesday evening

Meta reported powerful AI-driven momentum, which unlocked growth in both engagement and advertising, sending the stock up roughly 12% Thursday

CEO Mark Zuckerberg also laid out his vision for "superintelligence," or AI that surpasses human intelligence, to empower individuals in their everyday s

Zuckerberg "wants to win so he's paying big money [for AI talent] … I think it's wise because he's building a brain trust that is trying to think of things that we never thought of," Jim Cramer said

Looking ahead, there's another big night of earnings with Apple and Amazon both reporting after Thursday's close. "This is not the quarter that I want to own Apple," given the uncertainty around the company's tariff exposure and fear that its lucrative services revenue may continue to moderate, Jim said

However, we're just holding the stock for now

Earlier Thursday, we published a closer look at what Apple needs to do to return to Wall Street's good graces

For Amazon, the company's advertising and cloud es are ly to be strong based on the strong quarters from Microsoft and Meta. "The real swing factor is going to be e-commerce sales and how they perform there," Director of Portfolio Analysis Jeff Marks said. 4

Stocks covered in Thursday's rapid fire at the end of the were: Robinhood , Ford , Ebay , Arm Holdings , and CVS . (Jim Cramer's Charitable Trust is long BMY, MSFT, META, AAPL, AMZN

See here for a full list of the stocks.) As a r to the CNBC 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

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