Here Comes Nvidia's Latest Powerful Graphics Chip

It's Friday, so why not talk about some Wall Street rumors. There is life beyond the U.S. trade war with China.

Author:: Brian Sozzi
Publish date:: Jul 6, 2018 9:01 AM EDT

So starts the U.S. trade war with China.

Street Rumors

Coca-Cola (KO) - Get Report could make a play for BodyArmor once Dr. Pepper Snapple Group (DPS) completes its merger with Keurig on July 9. Dr. Pepper Snapple owns 15.5% of the upstart sports drink brand. A purchase would post a clear threat to PepsiCo's (PEP) - Get Report dominance with Gatorade. Meanwhile, Nvidia (NVDA) - Get Report is reportedly about to release a key new graphic chip.

Nvidia and PepsiCo are holdings in Jim Cramer's Action Alerts PLUS.

Call of the Day

Bernstein analysts are out with a note projecting a "Super Spike" in oil prices to $150 a barrel. The reason: years of under-investment by oil majors such as ExxonMobil (XOM) - Get Report .

The Big Story

The U.S. trade war has kicked off. Watch the trading action in "China Stocks" such as Apple (AAPL) - Get Report and Walmart (WMT) - Get Report .

Apple is a holding in Jim Cramer's Action Alerts PLUS.