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. Markets are climbing to new record highs , and the AI infrastructure buildout theme is leading the charge once again. Unlike Monday's market pullback, oil prices and interest rates aren't getting in the way of a rally. With no new escalations in the Middle East conflict, U.S. oil standard West Texas Intermediate crude is down about 4% on Tuesday; the benchmark 10-year Treasury yield is slightly lower. Red-hot chipmakers Intel , SanDisk and Micron are seeing double-digit percentage gains, powering the overall strong day for technology stocks. While we don't own those three companies, many of our AI stocks traded up nicely, including Broadcom , Arm Holdings , Qnity Electronics and Corning . Amazon , Broadcom, Alphabet , and Qnity all hit new 52-weeks highs in the session. The top-performing sector in the S & P 500 on Tuesday is actually materials, with Club name DuPont the biggest mover in the group thanks to its strong earnings report . Johnson & Johnson announced on Tuesday that its investigational Ottava robotic surgery system has achieved a critical milestone. In its first clinical study evaluating the safety and performance of the system in Roux-en-Y gastric bypass procedures, Ottava met its primary endpoints through 30 days post-procedure. The data were presented at the 2026 American Society for Metabolic and Bariatric Surgery Annual Meeting. In a note to clients, analysts at Cowen said they believe the results will be sufficient to support Food and Drug Administration clearance for multiple procedures in the upper abdomen. J & J is also studying Ottava in inguinal hernia repair, which Cowen said is one of the most common surgeries in the U.S. The broader takeaway is that J & J is poised to enter a robotic surgery market long dominated by Intuitive Surgical's da Vinci systems. Last month, J & J said it expects Ottava to be approved sometime in 2026. Approval for Ottava would be another step in helping J & J deliver on its goal of achieving double-digit revenue growth by the end of the decade. It's a big night of tech earnings with Advanced Micro Devices , Arista Networks , Super Micro , Lumentum and Astera Labs scheduled to report. Before the opening bell on Wednesday, we'll see earnings from Disney , Uber , CVS Health , Kraft Heinz , Apollo Global Management , and EOG Resources . On the data side we'll see mortgage applications and payroll processor ADP's April employment report. Finally, we'll have our eye on Club name Corning's investor day, which kicks off at 9 a.m. ET. The company is expected to update its long-term targets and provide more details around its generative AI portfolio of products. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) 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.
