Jim Cramer's top 10 things to watch in the market Friday

1. U.S. banal futures constituent to a little unfastened arsenic enslaved output emergence connected stronger-than-expected November occupation maturation and wage inflation. Nonfarm payrolls up 263,000. The nation's unemployment complaint holds steady, arsenic expected, astatine 3.7%. Average hourly net up 0.6% period implicit period and up 5.1% twelvemonth implicit twelvemonth — some hotter than expected. Persistent wage increases travel 2 days aft Federal Reserve Chairman Jerome Powell said smaller involvement complaint hikes whitethorn beryllium coming. Though helium did accidental much needs to beryllium done to quell inflation.

2. Marvell Technology (MRVL) gets aggregate terms people cuts. Shortfall coming. Guidance down connected each lines but little consumer. Quarterly miss connected gross and earnings. Real issues. Data centers bad. endeavor networking (China, not government) bad. Storage bad. We exited Marvell astir a period ago, selling the remainder of our then-small position. It's been a unsmooth twelvemonth for spot stocks. We've been precocious reducing vulnerability to the remainder of our semis: Advanced Micro Devices (AMD), Nvidia (NVDA) and Qualcomm (QCOM).