The CNBC Investing Club with Jim Cramer has released an afternoon update on Wall Street, usually in time for the last hour of trading. This update focuses on Eaton's acquisition of Boyd Thermal, which brings Boyd Thermal's liquid cooling solutions to another company known for its electrical equipment and power management solutions, increasing its exposure to AI data centers. The S & P 500's oversold bounce could not hold and the Dow Jones Industrial Average was down nearly 2% for the week. Meanwhile, the Federal Reserve is expected to maintain its current policy on interest rates and reduce bets of rate cuts later this year due to rising oil prices. The conference season is also set to begin next week for Micron, where CEO Jensen Huang will discuss new products and updates on the AI infrastructure buildout.