Jim Cramer shares his top 10 market watch for Thursday, August 7. Here are the key stocks to keep an eye on:
1. Apple shares jumped 5.1% after announcing a $100 billion investment in US manufacturing and the creation of the American Manufacturing Program.
2. Nvidia and other chipmakers traded higher despite President Trump’s threat of 100% tariffs on semiconductors, with investors betting these sector-specific tariffs will be more bark than bite.
3. Eli Lilly shares fell 8% after its GLP-1 pill showed disappointing results in a late-stage trial, but the company is pleased with the trial results and plans to apply for FDA approval later this year.
4. Intel shares dropped 5% after President Trump called on CEO Lip-Bu Tan to resign immediately, citing conflicts of interest.
5. Dutch Bros coffee chain reported a strong quarter, with shares up 20% to $69 per share after Barclays raised its price target to $92.
6. Duolingo’s language learning app delivered better-than-expected revenues and paid subscribers, sending shares rocketing higher by 25%.
7. Morgan Stanley downgraded Caterpillar to a sell-equivalent underweight due to concerns over the company’s fundamentals.
8. Airbnb dropped 7% after last night’s earnings showed some slippage despite beating revenue and earnings estimates.
9. E.l.f. Beauty reported weaker-than-expected results, but CEO Tarang Amin is discussing the impact of tariffs on profits with Jim Cramer tonight.
10. DoorDash’s CEO Tony Xu orchestrated a perfect earnings report, sending shares up 7% after a big beat.
Source: https://www.cnbc.com/2025/08/07/jim-cramers-top-10-things-to-watch-in-the-stock-market-thursday.html