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CNBC Investing Club Recap: Wall Street Mixed, Nvidia Rallies, Micron Earnings Ahead

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Investing ニュース

Stock Market,Nvidia,Micron

Wall Street saw mixed performance on Wednesday, with the S&P 500 hovering near flat. Despite downgrades and market overbought conditions, Nvidia shares surged after a Barron's report on CEO stock trades. The club trimmed Meta Platforms, Danaher, and Alphabet holdings. Micron reports earnings tonight, offering insights into consumer electronics demand and AI chip inventory.

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's key moments. Wall Street was mixed Wednesday, with the S & P 500 near the flatline and trying for a third straight record close. There have been a lot of downgrades and negative research on Wednesday, making it tough for the market to get a lift.

Club stock Apple fell modestly Wednesday. Wall Street analysts again said they see shorter wait times for the new AI-ready iPhone 16 as an indication of weaker demand when compared to last year. Jim Cramer countered, telling Jeff Marks that shorter wait times could partially be because Apple was better at forecasting demand than a year ago.

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