A 7.21% intraday slide to $865.46 is a rare single-session drawdown for a $249.6 billion Wall Street bellwether. Moves this size in the biggest investment bank rarely stay contained to one name, so keep an eye on the close.
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A 4.3% intraday drop to $892.91 strips roughly $11 billion off a $261 billion franchise in a single session, a rare one-day swing for a blue-chip bank. Keep an eye on whether it holds that level into the close.
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.
Equities revenue jumped 72% year over year to $6.44 billion on prime and portfolio financing demand, powering a sixth straight quarter of beating consensus EPS. Advisory fees hit a record, though the investment banking backlog slipped from Q2.
Goldman reports at 7:25 AM ET carrying an eight-quarter earnings beat streak, with consensus at $13.65 EPS. The trading and dealmaking commentary sets the tone for every bank reporting behind it.
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
Mad Money w/ Jim Cramer 10/2/26
- 29,000 September jobs eased rate-hike fears; G7 releasing 100 million barrels capped oil's rally
- PepsiCo called uninvestable into Thursday earnings: down 12% this year while Coca-Cola is up 22.5%
- Nvidia compute scarcity framed as the real money-maker behind data center and Starlink demand
- Caller verdicts on Applied Materials, Simon Property Group, Goldman Sachs and Duke Energy at a 3.8% yield
A 4.7% PepsiCo yield loses to the 10-year, so any bounce off Thursday's earnings report is just a trade. Cramer stays long AI compute while telling snack and beer holders the consumer shift is structural.
Mad Money w/ Jim Cramer 9/29/26
- Cramer says the 30-year Treasury yield is the highest in 24 years, with over 40% of S&P 500 names in a bear market
- Public backlash against AI and data centers is the new narrative risk that could make October ugly
- Goldman Sachs called the most beaten-down of a caller's bank ideas alongside Capital One and BNY Mellon
- Interviews with Meta's Dina Powell McCormick on its AI agent Muse and BWX Technologies on its new long-term strategy
Cramer's message: public perception is now the AI trade's problem, and he thinks that plus long-end yields sets up a rough October. He still wants Goldman Sachs on weakness, calling it the most beaten-down of the bank names raised by a caller.
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