Markets fall as oil and rates rise

Oil prices climbed and bond yields followed, dragging stocks lower. The S&P 500 is headed for back-to-back negative weeks after the Federal Reserve raised rates for the first time in three years.

Cramer sees buying opportunity in oversold market

Jim Cramer said it's tough when rates move higher, but he wants to buy in an oversold market. He's adding Kimberly-Clark on dips and recommends new Club members start a position in BNY Mellon.

“"It's tough to have everything work at the same time" when rates are moving higher”

iPhone 18 launches with modest crowds

Cramer visited Apple's 5th Avenue flagship store at dawn on launch day and found nice crowds but no one camping out. He bought an iPhone 18 for its battery life and camera improvements.

Foldable Duo pre-orders start October 16

The new foldable iPhone Duo doesn't go on pre-order until October 16, with availability a week later. Cramer asked new Apple CEO John Ternus if the company would have enough Duos to meet demand.

CEO expects Duo supply to meet demand

John Ternus told Cramer he thinks Apple will have enough foldable Duos to meet demand. Cramer still expects it will be hard to get one right away and plans to buy one himself.

Rapid fire covers six major stocks

Friday's rapid fire segment covered Meta Platforms, Costco, Berkshire Hathaway, Netflix, Tyson Foods, and Nucor. Cramer's Charitable Trust holds positions in Kimberly-Clark, BNY Mellon, Apple, Meta, and Costco.