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 Tuesday's key moments. U.S. stocks fell Tuesday as Wall Street awaited this week's key inflation data. The March consumer price index, closely watched by the Federal Reserve, is out Wednesday.
Global personal computer shipments returned to growth in the first quarter, according to data tracker IDC. After two straight years of post-Covid demand declines, the worldwide PC market grew 1.5% year-over-year in the first three months of 2024, IDC reported. This is great news for recently added portfolio name Best Buy . Jim said that PC demand will be accelerated by forthcoming AI-integrated machines, which should mean more sales for the electronics retailer.
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