On Tuesday, the stock market saw a historic milestone with the Dow Jones Industrial Average closing at an all-time high of 47,928. The index reached an intraday peak of 48,040 and is currently up 12.65% for the year. Notably, the NYSE Composite outperformed with a 13.7% increase, while the S&P 500, Nasdaq, and Nasdaq 100 exhibited even stronger gains, rising 16.4% and 21.5%, respectively.
Among the notable performers in the Dow, Caterpillar led the pack with an impressive 57% increase year-to-date, followed closely by Nvidia at 44% and IBM at 43%. However, not all stocks experienced similar fortunes; Nike fell 17%, Salesforce dropped 27%, and UnitedHealth saw a significant decrease of 35% during 2025.
In the realm of artificial intelligence, Jim Cramer raised concerns during his Tuesday evening broadcast. He highlighted a few critical issues affecting AI companies, including excessive spending, rising debt loads, and a downgraded outlook from New Jersey-based AI infrastructure firm CoreWeave. Cramer referenced comments from OpenAI CFO Sarah Friar, who suggested the need for government support in building AI infrastructure, yet later described those remarks as “muddled.” The current figures show that AMD shares are now 11% from their peak on October 29, with Nvidia and Broadcom also trailing behind by 9%, while Intel is similarly 11% down from its October high.
Despite these concerns, Cramer acknowledged that AI remains a compelling narrative, albeit one he is reconsidering. Viewers eager for deeper insights into the AI trade can tune in to “Worldwide Exchange” at 5 a.m. Featuring AMD CEO Lisa Su in an interview on “Squawk Box” at 8 a.m., the discussion is expected to focus on the company’s AI investments as well as Su’s notable influence within the sector. Although AMD saw a drop of 2.7% on Tuesday, the stock has still shown a robust 10.5% gain over the past month and a notable rise of 38% in the last three months, outpacing the VanEck Semiconductor ETF, which grew by 20% in the same timeframe.
Additionally, Chevron CEO Michael Wirth will appear on “Squawk Box” at 7 a.m. on Wednesday. Chevron shares have risen 2% over the past week and are 11% shy of their 52-week high reached in October.
Lastly, in cannabis stocks news, CNBC’s Brandon Gomez will cover potential new restrictions from Congress that could affect the industry. GrowGeneration has shown resiliency, remaining just 2% from its December high and boasting a 21% increase over the past week. In contrast, Tilray Brands is also near its October high but remains at a modest $1.29 per share, while Trulieve trades 30% below its August peak, despite experiencing a 5% uptick this week.
