CoreWeave's 6.8% drop anchors a decline list made up entirely of compute and data-center names. Downside is moving roughly three times faster than upside this morning.
Latest Activity
Mad Money w/ Jim Cramer 10/14/26
- Hot CPI, up 0.6% from August to September, plus rising oil leaves the next Fed move genuinely unclear
- Bank stocks sold off on good quarters: Morgan Stanley dropped seven bucks, Citi and Wells Fargo found no footing
- CoreWeave's slide and distressed neocloud debt are dragging on the broader tape
- Amazon, Walmart and Costco seen as the retailers that would roll back prices if oil collapses
Cramer's point for anyone holding bank stocks: solid results are no longer being rewarded, and the charts have turned ugly regardless. The bigger swing factor is oil. If the war ends, he expects crude to be cut in half, which would reset inflation and the Fed debate overnight.
A 5.1% slide to $124.53 lands on the same day the bank reports earnings, so the results and outlook now meet a tape already pricing in disappointment. Guidance commentary is the thing to watch.
Citigroup is shedding 3.4% to $126.68 hours before it reports earnings today, so holders are heading into the numbers already down off the $131.19 open. Any surprise lands on an unsteady base.
Citigroup reports at 8:01 AM ET, with Wall Street looking for $2.62 in EPS on $23.73 billion in revenue. The last two quarters cleared estimates by roughly 16% each, so anything short of that puts the turnaround narrative back on trial.
Q3 earnings season front-loads everything into two mornings: JPMorgan, Goldman, Wells Fargo, Citi, UnitedHealth and Johnson & Johnson all report before the open Tuesday, with Bank of America, Morgan Stanley, BlackRock and ASML following Wednesday. Of 51 companies on the week, 38 land before the bell, so the tone for rates, credit and chip demand gets set early.
- UNHUnitedHealth Group IncorporatedTue Oct 13Before open
- JPMJPMorgan Chase & Co.Tue Oct 13Before open
- GSThe Goldman Sachs Group, Inc.Tue Oct 13Before open
- WFCWells Fargo & CompanyTue Oct 13Before open
- DPZDomino's Pizza, Inc.Tue Oct 13Before open
- JNJJohnson & JohnsonTue Oct 13Before open
- CCitigroup Inc.Tue Oct 13Before open
- ACIAlbertsons Companies, Inc.Tue Oct 13Before open
- FBKFB Financial CorporationTue Oct 13Before open
- AZZAZZ Inc.Tue Oct 13After close
- ASMLASML Holding N.V.Wed Oct 14Before open
- BACBank of America CorporationWed Oct 14Before open
- MSMorgan StanleyWed Oct 14Before open
- BLKBlackRock, Inc.Wed Oct 14Before open
- PGRProgressive CorporationWed Oct 14Before open
- BRK.BBerkshire Hathaway Inc. New Common Stock (BRK.B)Partial sell$1K – $15KSep 24
- BIIBUBS IRA Account Biogen Inc. - Common Stock (BIIB)Partial sell$1K – $15KSep 24
- BAUBS IRA Account Boeing Company (BA)Partial sell$1K – $15KSep 24
- BEPUBS IRA Account Brookfield Renewable Partners L.P. Limited Partnership Units (BESell$1K – $15KSep 24
- CVXUBS IRA Account Chevron Corporation Common Stock (CVX)Buy$1K – $15KSep 2
- CBUBS Brokerage Account Chubb Limited Common Stock (CB)Partial sell$1K – $15KSep 24
- CSCOCisco Systems, Inc. - Common Stock (CSCO)Partial sell$1K – $15KSep 8
- CSCOUBS IRA Account Cisco Systems, Inc. - Common Stock (CSCO)Sell$15K – $50KSep 24
A House Foreign Affairs member just unwound much of a portfolio in one sweep: 42 trades across tech, defense, banks and pharma, most of them sales dated September 24, disclosed 35 days later. The largest line is a Snowflake purchase of $15,001 to $50,000 made earlier that month, matched against an equally sized Cisco exit.
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