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 Thursday’s key moments. 1. Tech stocks rose Thursday on the broad exemptions included in the chip tariffs that President Donald Trump announced after Wednesday’s close. Club name Nvidia jumped 2%. Shares of Apple , also in the portfolio, rallied for a second day after unveiling a new $100 billion investment in U.S. manufacturing. Thursday did mark the beginning of so-called reciprocal tariffs for countries without trade deals. The tech-heavy Nasdaq was the big winner so far, while the S & P 500 was on either side of unchanged. 2. Club stock Eli Lilly was having a terrible day after the drugmaker’s late-stage trial data on its obesity pill did not show the kind of weight loss that investors had anticipated. The data overshadowed what was an excellent quarter and a full-year guidance boost. Nevertheless, Jim Cramer said that CEO Dave Ricks’ tone on the trial data during the conference call also didn’t do the stock any favors. We’re still debating what to do next with the stock. We did sell some shares of Lilly last week after GLP-1 competitor Novo Nordisk ‘s quarter disappointed. Our full analysis of the Lilly situation will be sent out later Thursday. Check your inboxes and texts. 3. Costco stock rose modestly after another good month of sales. It also benefited from the general upswing in retail given the expectation that the Federal Reserve will lower interest rates at next month’s meeting. After Wednesday’s close, Costco said U.S. same-store sales, called comps in the industry, accelerated to 6.5%, when excluding gas sales and currency fluctuations. Jim said he sees Costco stock working its way back to the all-time highs since back in February. 4. Stocks covered in Thursday’s rapid fire at the end of the video were e.l.f. Beauty , Dutch Bros , DoorDash , Airbnb , and Fortinet . (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.