According to CNBC, Jim Cramer said the stock market was "not that good" on Friday as modest gains in the S&P 500 and Nasdaq were offset by rising bond yields and flat oil prices. He said Apple was down 2% after a report of lower component orders, while Nvidia was little changed as the AI trade remained under pressure.

Cramer said elevated bond yields, oil prices and inflation concerns led the CNBC Investing Club to buy more shares of Kimberly-Clark, FedEx and Bank of New York on Thursday. He said the purchases were small and were meant to help balance exposure to AI and data center buildout names. Cramer also said he was leaning toward pausing trades on Friday.

On Starbucks, Cramer said he had considered buying more shares Thursday after reports that the company was considering a deal to buy Chipotle weighed on the stock. He said a further decline to $90, along with signs that Starbucks will not buy Chipotle, could be a good entry point. Cramer added that he does not think a Chipotle deal is the kind of transaction Starbucks CEO Brian Niccol would pursue.