Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Adobe : Shares jumped after the software maker reported a strong quarter alongside a raised full-year guidance. “They’ve got a low end product finally that can blunt Canva,” Jim Cramer said, adding that its highest-end generative artificial intelligence products are formidable and winning out. Twilio : Shares dropped more than 2.5% after Morgan Stanley downgraded the communications software maker’s stock to a hold-equivalent rating. Analysts are concerned about the health of the U.S. consumer impacting demand for Twilio’s offerings, Cramer noted. “That made me think about Wynn [Resorts],” he said, a stock owned by the CNBC Investing Club that relies on consumer spending at its casino properties. Nucor : Shares were slightly lower after the steelmaker provided a second-quarter earnings update that came in below Wall Street expectations. While there’s a flood of infrastructure spending dollars in the U.S., “you can’t beat the commercial real estate and auto markets that so much of their steel goes into,” Cramer said. Zscaler : JPMorgan upgraded the cloud security company to a buy-equivalent rating. Shares were higher by more than 1.5%. “Still the strongest area is cybersecurity,” Cramer said, echoing a belief that increased digital threats makes the industry an attractive place to be invested. The Investing Club owns Palo Alto Networks . Bank of America : Shares dropped 0.8% despite analysts at Keefe, Bruyette & Woods upgrading the North Carolina-based lender to a buy rating. “I just think that you have to hold on to Wells [Fargo] ,” Cramer said, referring to one of the two financial stocks owned by the Investing Club. Morgan Stanley is the other financial in the portfolio. “Morgan Stanley is more problematic to me,” given the positioning of rival Goldman Sachs , Cramer said.