Jim Cramer's top 10 things to watch in the stock market Friday

My top 10 things to watch Friday, Oct. 9, 2026

1. Stocks are bouncing this morning. It helps that oil prices and bond yields are calm. Despite yesterday's sharp tech-driven selloff, a positive market close today would clinch a four-week winning streak for the Nasdaq . The S & P 500 is also headed for a weekly gain.

2. Huge: SpaceX's spectrum announcement to expand Starlink's mobile capabilities sent shares of the Elon-Musk company up more than 3% and telecom stocks sharply lower. The though it that Verizon , AT & T , and T-Mobile will face increased competition from SpaceX's satellite service.

3. OpenAI told Bloomberg it expects $70 billion or more in annualized revenue by year-end, trying to clear up confusion after the Financial Times reported a smaller number, which slammed the AI trade yesterday. Nvidia-backed Firmus Grid, an AI infrastructure name, scrapping its Australia IPO over valuation concerns also hurt. It's a reminder that people still figure AI as a trade, not as an investment. That is the actual issue.

4. Nvidia's free cash flow might not be as big as thought because of its massive investments, according to the WSJ's Heard on the Street column from Jonathan Weil. He has gravitas. Might hurt the Club name's buyback. I think, however, that FCF will be far more substantial than people realize. Plus, Nvidia can cash in on big investments any time it wants to.

5. Delta Air Lines misses on everything this quarter. However, it still made big money, with little slowdown on higher prices. Premium revenue up 18%. Delta did cut guidance, citing higher fuel prices. Shares are down 2.5%.

6. Morgan Stanley raised its Schwab price target to $141 from $136. The call is really about how Club name Meta Platforms' Muse personal AI agent is not going to reorganize the world. Analysts said Schwab won't lose deposits that pay low interest.

7. Online trading platform Robinhood got a price target bump to $160 from $150 at Morgan Stanley. Despite bitcoin's tough stretch, Robinhood should not be down 5% for the year. The Street loves this stock for some unfathomable reason, even as the company is antithetical to its aims.

8. JPMorgan upgraded VF Corp, the company behind The North Face, Vans, and Timberland brands, to hold from sell. Closely followed retail analyst Matt Boss said his team's fieldwork shows the story is turning. It has taken CEO Bracken Darrell longer than expected to fix this company.

9. Bank of America is all over the map on Club drug stocks. Price target cut on buy-rated Eli Lilly . PT raise on hold-rated Johnson & Johnson . The analysts tweaked their estimates for the industry ahead of earnings.

10. Price target hike at Needham on CrowdStrike to $310 from $250. Implies more than 15% upside on the Club stock. The analysts see initial migrations to the platform averaging a 40% annual recurring revenue uplift.