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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. U.S. stocks jumped Friday, putting the S & P 500 on its way to top its Jan. 3, 2022 record close of 4,796.56. The tech-heavy Nasdaq and the Dow were also higher Friday after a rough ride earlier in the week. The Dow was trading just below its Jan. 2 record close of $37,715.04. The Nasdaq still has about 6% to go to reach its Nov. 18, 2021 record close of 16,057.44. The Nasdaq 100 , which weighs even more heavily on Big Tech, gained ground Friday, one day after closing at a record high of 16,982.29. The stock market has been recovering from its early 2024 tumble . 2. Meta Platforms stock traded above 52-week highs after CEO Mark Zuckerberg said the company would spend billions on Nvidia’s heavy-duty semiconductors for artificial intelligence. This is great for Meta in its efforts to further its AI ambitions and great for Nvidia as tech companies clamor for its powerful chips. Another Club name, Eaton , could also benefit in the long term. Running Nvidia’s chips on a mass scale requires a lot of electricity, which is Eaton’s specialty. Nvidia shares hit another all-time high Friday. 3. Broadcom stock hit another all-time high Friday on a bullish analyst upgrade. Goldman Sachs reinstated coverage of the chip designer with a buy rating, citing double-digit percentage revenue growth potential on its acquisition of VMware . We found this call to be especially bullish, as Goldman analysts expect sizeable margin expansion from VMware-related synergies. 4. Evercore added Apple its tactical outperform list. The analysts said that buy-side expectations for the iPhone maker are below consensus, meaning in-line quarterly results could be solid enough to drive Apple shares higher. Additionally, preorders for Apple’s mixed reality headset, the Vision Pro, began Friday ahead of its earnings release next month. Shares of Apple were higher Friday but still down about 1% in 2024 on a raft of recent negative commentary. (Jim Cramer’s Charitable Trust is long META, NVDA, ETN, AVGO, AAPL. See here for a full list of the 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 trust’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 INVESTING 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 YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.