My top 10 things to watch Thursday, March 5 1. An oil tanker logjam is now driving up energy prices again, as hundreds of ships remain unable to access the Strait of Hormuz in the Middle East; Iran vows to attack any vessel trying to pass through that key shipping lane. U.S. West Texas Intermediate futures rose 3% to above $76 per barrel, while Brent crude oil futures rose 2% to more than $83 per barrel. Stock futures are flat. Not surprising. Can’t mount a real rally with oil going up this way. 2. Anthropic reopened talks with the Pentagon about using its AI models, Bloomberg reported. President Donald Trump on Friday ordered every U.S. government agency to “immediately cease” using technology from the artificial intelligence company after it refused to give the U.S. military total access. Several defense companies followed suit by telling employees to stop using its Claude AI assistant. 3. Broadcom is up more than 6% in the premarket after reporting strong results for its fiscal first quarter , and guided AI revenue to over $100 billion in FY2027, painting an upbeat picture about the future of its custom chip business. 4. Big call: Bernstein starts coverage of AI infrastructure giant CoreWeave with a sell rating. The firm says hyperscalers will not be incentivized to sign large contracts to rent its hardware; they want cloud adjacencies. 5. Bank of America reinstated coverage of fintech and payments stocks Visa , Mastercard , Block , Affirm , and Klarna with buy ratings. But this cohort is seemingly always buy-rated no matter how rich they are. The firm likes everything except PayPal . 6. JPMorgan raised its price target on Target to $120 from $115. Warranted, as there are some real changes afoot under a new CEO. As CNBC’s Melissa Repko reported this week, Target is overhauling some of its lagging categories , such as home decor, as it tries to win back both shoppers and investors. 7. Citi lowered its price target on Club name CrowdStrike to $525 from $610 after “respectable” quarterly numbers this week. Keeps it a buy? Respectable? Are you kidding me? The cybersecurity company’s numbers were great, exceeding expectations across all key measures. 8. JPMorgan took StubHub to a hold from buy. Horrendous stock; horrible guidance. Shares of the secondary ticketing marketplace tumbled 15%. Fourth quarter revenue of $449 million fell short of the LSEG consensus estimate of $484 million. Wedbush also downgraded the stock to a hold, citing “limited conviction and visibility” in StubHub’s direct issuance business. 9. Grocery Outlet , another disaster. What happened to the clean reset? Shares of the discount retailer got pummeled in premarket trading after disappointing fourth-quarter results and guidance. Multiple analyst downgrades. 10. Trade Desk with a giant insider buy. CEO Jeff Green purchased about $150 million worth. Also, The Information reports that OpenAI had early talks with Trade Desk about selling ads, pushing shares up over 20 this morning%. This stock has been crushed since last summer on competition concerns. Sign up for my Top 10 Morning Thoughts on the Market email newsletter for free (See here for a full list of the stocks at 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 discussed a stock on CNBC, 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.
Jim Cramer’s top 10 things to watch in the stock market Thursday
Mar 5, 2026
