每个工作日，吉姆·克莱默（Jim Cramer）的CNBC投资俱乐部都会发布Homestretch --一个可操作的下午更新，正好赶上华尔街交易的最后一个小时。尽管债券收益率持续攀升，但本周股市仍有良好开局。尽管10年期美国国债收益率创下年内新高，但以科技股为主的纳斯达克周一领涨，仍攀升至新高。继上周五波动之后，收益率大幅上涨。
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks got off to a good start this week , even as bond yields continued to climb. The tech-heavy Nasdaq led the way Monday, climbing to a new record despite the 10-year Treasury yield hitting a new high for the year. The big jump in yields followed a volatile session last Friday.
由于就业报告弱于预期，债券价格最初上涨。但随着交易进行，它们被抛售，收益率攀升。Magnasient Seven股票是周一市场上涨的主要来源，英伟达收盘价创下新纪录，微软在一位长期看跌的分析师转为正值后反弹，Meta Platforms受益于对其人工智能代理产品的持续热情。Alphabet、亚马逊和特斯拉的股价也走高。
Bond prices initially rallied in reaction to a softer-than-expected jobs report. But they sold off and yields climbed higher as the session progressed. The Magnificent Seven stocks were a large source of Monday's market gains, with Nvidia pacing for a new record close, Microsoft rallying after a long-time bearish analyst flipped positive, and Meta Platforms gaining from ongoing enthusiasm for its AI agent products. Alphabet , Amazon , and Tesla also traded higher.
苹果下滑。（特斯拉是我们唯一不为俱乐部拥有的Mag 7股票）。材料和能源类股也稳步走高。对利率敏感的房地产行业是唯一出现亏损的行业。埃隆·马斯克（Elon Musk）在X上的一篇帖子中证实，他的公司正在与台湾积电制造公司进行谈判，以可能合作参与大型Terafab人工智能制造项目，英特尔股价走低。这一消息对英特尔来说是一个打击，因为该公司去年4月被任命为Terafab的合作伙伴，马斯克在特斯拉2026年第一季度财报电话会议上表示，该项目将使用英特尔即将推出的14 A制造工艺。
Apple slipped. (Tesla is the only Mag 7 stock we don't own for the Club). Materials and energy stocks also traded solidly higher. The interest rate-sensitive real estate sector was the only group in the red. Intel shares moved lower after Elon Musk confirmed in a post on X that his companies are in talks with Taiwan Semiconductor Manufacturing to potentially partner on the massive Terafab AI manufacturing project. The news was a knock to Intel because it was named a partner in Terafab last April, with Musk saying on Tesla's first quarter 2026 earnings call that the project will use Intel's upcoming 14A manufacturing process. Intel was lower because bringing in a rival foundry business in Taiwan Semi could reduce the chipmaker's role in the project.
英特尔股价下跌是因为在台湾引入竞争对手的代工业务可能会减少该芯片制造商在该项目中的角色。自9月初以来，英特尔股价上涨了约30%，因此有理由看到负面消息导致一些获利回吐。但这并没有改变我们对英特尔的看法。
With Intel shares up about 30% since the beginning of September, it's reasonable to see some profit-taking on a negative headline. But this does not change our view on Intel. It's still expected to play a role in Terafab, which is a few years away from becoming operational and so large and ambitious in scale (1 terawatt of compute per year, or 1,000 gigawatts) that it's likely to have multiple partners.
预计它仍将在Terafab中发挥作用，该公司距离投入运营还有几年的时间，而且规模如此之大且雄心勃勃（每年1太瓦的计算量，或1，000吉瓦），可能会拥有多个合作伙伴。与此同时，由于企业和个人代理工作负载的强劲需求，英特尔的中央处理器（CPUs）预计将供不应求（意味着平均售价较高）。周一晚上或钟声敲响之前没有重大收益。
In the meantime, Intel's central processing units (CPUs) are expected to be in short supply (meaning high average selling prices) due to strong demand from enterprise and personal agentic workloads. There are no major earnings Monday evening or before the bell. In other corporate news, Marvell is hosting an Investor Day on Tuesday, and refreshed long-term targets could give a boost to the AI trade and could move our chip stocks.
在其他企业新闻中，Marvell将于周二举办投资者日，更新的长期目标可能会提振人工智能交易，并可能会影响我们的芯片股。我们将密切关注它。周二没有计划发布重大经济数据。鉴于年底货币政策的不确定性，美联储的言论目前可能在市场中发挥更重要的作用。周二，美联储官员约翰·威廉姆斯（John Williams）于美国东部时间上午9：05发表讲话;米歇尔·鲍曼（Michelle Bowman）于美国东部时间上午10：46发表讲话;杰弗里·施密德（Jeffrey Schmid）于美国东部时间下午1：15发表讲话;洛里·洛根（Lorie Logan）于美国东部时间晚上7点发表讲话。
We'll be following it closely. There are no major economic releases scheduled for Tuesday. Fed speak may play a more important role in the market right now, given the uncertain path of monetary policy into year-end. On Tuesday, Fed officials John Williams speaks at 9:05 a.m. ET; Michelle Bowman at 10:46 a.m.
(See请参阅吉姆·克莱默慈善信托基金股票的完整列表。）至于CNBC投资俱乐部与吉姆克莱默，你会收到一个贸易警报之前，吉姆使贸易。吉姆在发送交易警报后等待45分钟，然后再购买或出售其慈善信托投资组合中的股票。
ET; Jeffrey Schmid at 1:15 p.m. ET; and Lorie Logan at 7 p.m. ET. ()