Jim Kramer here to share a short preview of my take on the market from today's

members-only CNBC Investing Club Morning Meeting.

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That's one word, morning take. There's so many movers in the market

today. We're going to talk banks. But before we do that, I think we have to touch on this IBM

pre-announcement because shares are plummeting after a negative pre-announcing results.

It's hurting all software. Yeah. but revenue, EPS, both lighter than

expected. The company said in the last few weeks of June, we saw clients shift their quarterly

CAPEX spent towards servers, storage, and memory purchases to secure supply-constrained infrastructure

ahead of expected price increases. They also talked about clients were distracted with rapidly

evolving industry-wide cybersecurity concerns. Okay, so cybersecurity in this case was mythos, and that

was a boom for CrowdStrike and for Palo Alto. Storage is going to be Dell, which I've confirmed

is getting business, HPE, and memory is Micron, S.K. Hinex,

Samsung, and also some of the components we have, including Corny.

So a lot of pin action off of this pre-enouncement.

Yeah, look, on cyber, I remember when Palazzo CEO Nakeshaawara was on Mad Money discussing the latest results

in June.

And he said the company fielded 1,200 customer inquiries just in the recent weeks from

organizations seeking guidance on how to prepare for AI risk.

And just to give you some perspective, they had 1,200 meetings in the whole last year.

So they're just seeing tons of activity because people are so

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