From CNBC · Jeff Marks · · 1m
Jim Cramer's top 10 stock market watchpoints
Jim Cramer highlights 10 key stock market moves for Wednesday.
In brief
Jim Cramer highlights 10 key stock market moves for Wednesday. Jim Cramer identifies 10 stock market developments to monitor Wednesday, including Microsoft upgrades, Micron earnings, and Apple iPhone 18 lead times. Originally reported by CNBC.
Market open expectations
Futures for the S&P, Nasdaq and Dow are all in the red this morning.
“The tech-heavy Nasdaq Composite is coming off back-to-back record closes”
Microsoft upgrade
Stifel upgraded Microsoft to buy from hold with $575 price target.
“Microsoft plans to offer discounts on Copilot to boost adoption”
Micron price target change
Citi raised Micron's price target to $1,300 from $1,150 ahead of earnings.
“Analysts expect Micron to sign new long-term supply agreements”
Goldman Sachs price target
Goldman Sachs lowered its price target to $1,050 from $1,200 at Citi.
“Goldman Sachs is neutral on GS”
General Mills earnings
General Mills beat top and bottom line for fiscal 2027 Q1 with flat sales.
“General Mills expects input cost inflation at the high end of 4% to 5%”
CoreWeave initiation
UBS initiated CoreWeave with buy at $120 price target.
“CoreWeave stock down 38% from May high”
Meta Connect event
Meta's CEO Mark Zuckerberg will keynote Meta Connect at 7 p.m. ET.
“Meta's new Muse personal agent app created buzz”
McDonald's spending plan
McDonald's unveiled $8.5 billion decadelong spending plan for franchisees.
“McDonald's shares up half a percent premarket”
Here's the gist
Jim Cramer identifies 10 stock market developments to monitor Wednesday, including Microsoft upgrades, Micron earnings, and Apple iPhone 18 lead times.
