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 Wednesday’s key moments. 1. Stocks were attempting to shake off continued fears that AI disruption could undermine traditional enterprise software companies. Some of the high-multiple names hit hardest in recent sessions, including Club name Microsoft , were trying to bounce Wednesday. Still, the broader market remained under pressure with the S & P 500 and Nasdaq down 1% and 2%, respectively. Advanced Micro Devices stock was getting crushed — down more than 16% despite a beat and raise. Since AMD shares had been rallying of late, the Street was apparently looking for even stronger guidance. A notable gainer Wednesday was Club stock Eli Lilly . Shares were up nearly 10% after the pharmaceutical giant delivered a big beat and raise. Our full Lilly earnings analysis will be out shortly. 2. The rotation away from tech was helping our industrials. Club stock Eaton was back and forth near the flat line earlier Wednesday after spending much of the prior session under pressure before a nearly 1% gain at the close. The volatility followed the company’s mixed fourth quarter Tuesday and light guidance. We are focused on the spinoff of Eaton’s mobility business in 2027, which should be a catalyst event for the stock. Fellow industrial Club name Dover was another name benefiting from Wednesday’s rotation, with shares up nearly 3%. 3. Shares of GE Vernova were sinking 7.5% to around $722 each Wednesday despite an upgrade at Baird to an outperform buy from neutral. The analysts also increased their price target to $923 from $701. Baird downgraded shares of the maker of natural gas turbines on Jan. 9 to neutral at roughly $628 due to concerns about overcapacity. Now, the analysts said the energy infrastructure cycle is still in early innings, and they aren’t worried about overcapacity in the near to immediate term. Last week, we upgraded GE Vernova to our buy-equivalent 1-rating after solid earnings. At the time, we also reiterated our $800 price target on confidence in the robust results from the company’s power and electrification businesses. 4. Stocks covered in Wednesday’s rapid fire at the end of the video were: Advanced Micro Devices, Chipotle , Uber , Amgen , and Five Below . (Jim Cramer’s Charitable Trust is long MSFT, CRM, LLY, ETN, DOV, GEV. 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.