Jim Cramer’s top 10 things to watch in the stock market Tuesday

1. U.S. stock futures pushed higher after more records for the S&P 500 and Nasdaq. Bond yields were up ahead of Federal Reserve Chairman Jerome Powell’s semiannual economic testimony on Capitol Hill. He goes before the Senate Banking Committee on Tuesday and the House Financial Services Committee on Wednesday.
2. Piper Sandler upgraded its Bank of America rating to neutral from an underweight sell and raised its price target to $42 per share from $37. Starting to get some adherents heading into next week’s earnings.
3. KeyBanc boosted its price target on Club name Nvidia to $180 per share from $130 and kept its overweight buy rating. The analysts see robust demand for current chips despite the upcoming next-generation Blackwell launch. Nvidia is set to report earnings next month.
4. Keefe Bruyette hiked its JPMorgan price target to $211 per share from $209 but kept its market perform hold rating. The analysts see net interest income (NII) performance as a key this earnings season. JPMorgan and Club name Wells Fargo kick off the quarterly parade Friday.
5. KeyBanc lowered its Advanced Micro Devices price target to $220 per share from $230 but kept its overweight rating. The analysts said checks from Asia are mixed a few weeks ahead of earnings.
6. Marvell Technology‘s price target was raised to $95 per share from $90 at KeyBanc, which maintained its overweight rating. The analysts cite optical networking strength. Marvell reports earnings next month.
7. Piper Sandler raised its price target on Club name Apple to $225 per share from $190 and kept its neutral rating. The analysts see iPhone artificial intelligence features as a “needle mover for upgrades.”
8. BofA cites a 13% increase in App Store revenue for Apple’s fiscal third quarter, which will be reported on Aug. 1. The analysts maintained a buy rating and a $230-per-share price target.
9. Wedbush sees “more signs of iPhone stabilization” in China and a 12-month price target of $275 per share that would put Apple over a $4 trillion market cap. The analysts have a buy rating on Apple shares.
10. Disney unveils a cruise ship for Japan, which is set to sail out of Tokyo in fiscal 2028. Do we have a return to the roots of the experiential portion of the struggling Club name? We know the company plans to invest $60 billion in its parks and cruises over the next decade.

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