Jim Cramer's top 10 things to watch in the stock market Friday
Jim Cramer highlights a broadly bullish market start to May as the S&P 500 closed above 7,200 for the first time, supported by strong tech earnings and upbeat guidance. Apple’s blowout quarter and raised guidance (June revenue +14%–17% vs. Street 9%) helped lift sentiment, while Chevron’s robust cash flow and big EPS beat underpinned energy names despite lower oil prices on easing Middle East tensions. Other corporate notes — Mastercard’s solid results, upbeat outlooks for Reddit and Caterpillar, and Sandisk’s shift to long-term contracts — create pockets of stock-specific momentum and volatility (Roblox plunged ~25% on a weak guide). Overall the piece is market commentary that points to continued upside in equities driven by strong earnings, but with selective company risk and sector rotation implications.