The CNBC Investing Club with Jim Cramer has published an afternoon update on Wall Street, highlighting conflicting reports on the foldable iPhone. The reports suggested that Apple's upcoming launch of the fold-able phone may be delayed, but new information suggests this is incorrect. The S & P 500 largely unwound Monday's gains, while oil prices remained higher and Bonds yields also moved up. The club's strategy is to capture the potential upside across the 31 stocks in their portfolio if cooler heads prevail. They also highlighted Apple's strong consumer demand for a foldable phone, backed by a recent Morgan Stanley survey showing 27% of global iPhone owners are "extremely interested" in such a model. The team's focus is to own Apple through the noise rather than trading on every headline.