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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nvidia stock slips even after earnings top Wall Street estimates, demand for AI chips surgesNvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than impressed.
Source: KTVU - 🏆 465. / 53 Read more »
Nvidia stock slips even after earnings top estimates and demand for AI chips surgesNvidia reported a quarterly profit that exceeded Wall Street estimates, but investors seemed less than impressed.
Source: latimes - 🏆 11. / 82 Read more »
The one thing concerning Wall Street about Nvidia amid their glowing post-earnings analysisThere's one figure in Nvidia's earnings report that has some analysts sounding the alarm.
Source: CNBC - 🏆 12. / 72 Read more »
Jim Cramer's top 10 things to watch in the stock market ThursdayWall Street looks to rebound after a losing session Wednesday driven by a pullback in Nvidia.
Source: CNBC - 🏆 12. / 72 Read more »
Wall Street analysts say buy the post-earnings dip in Nvidia sharesInvestors may want to consider using the weakness in Nvidia to scoop up shares, according to some Wall Street analysts.
Source: CNBC - 🏆 12. / 72 Read more »