Every weekday, the CNBC Investing Club with Jim Cramer hosts a livestream of the “morning meeting” at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. 1. US stocks posted mixed results on Tuesday, due to the weak performance of large technology companies. Citigroup strategists warned that tech stocks could stall after monster gains. “Large consensus positioning is a risk that could amplify a market reversal,” the analysts wrote in a Monday note. Nvidia shares fell more than 2% on Tuesday, while Club names Amazon and Meta Platforms fell modestly. “This is a day of consolidation,” Jim Cramer said Tuesday. It makes sense for megacaps to take a breather after such a stellar performance over the past year. 2. Eli Lilly posted better-than-expected quarterly earnings on Tuesday. We primarily focus on revenue stories from key offerings such as diabetes treatment Mounjaro and new weight loss drug Zepbound. Both handily beat analyst expectations for sales, making us even more optimistic about how the products will contribute to the company's results in the future. Eli Lilly shares fell slightly after initially jumping on the release. Watch your text messages and email inboxes this afternoon for the Club's full analysis of the pharmaceutical giant's fiscal results. 3. GE Healthcare shares rose nearly 12% after reporting strong fourth-quarter results. The Club holding company surpassed analyst estimates in terms of revenue. Guidance was also solid overall, Jim said. We are optimistic about the company's prospects for how artificial intelligence can be incorporated into its medical scanning machines, which should also increase margins. Our full earnings analysis will also be available soon on GEHC. (Jim Cramer's Charitable Trust is long LLY, GEHC, NVDA, AMZN, META. See here for a full list of stocks.) As a subscriber to the CNBC Investing Club 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 fund's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTMENT CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY, TOGETHER WITH OUR DISCLAIMER. NO FIDUCIARY OBLIGATION OR DUTY EXISTS OR IS CREATED BY VIRTUE OF THE RECEIPT OF ANY INFORMATION PROVIDED IN RELATION TO THE INVESTMENT CLUB. NO SPECIFIC RESULTS OR BENEFITS ARE GUARANTEED.
