Welcome to Extreme Investor Network, where we provide you with unique insights and expert advice on all things money. Today, we are diving into the top market-moving actions for the upcoming week, as reviewed by CNBC’s Jim Cramer.
Cramer highlighted the new consumer price index data and a slew of earnings reports set to kick off the season. Some of the key companies reporting earnings include Delta, Domino’s, PepsiCo, and General Motors. He noted the stocks rally on Friday as Wall Street celebrated better-than-expected job creation last month.
As we look ahead to the rest of the week, Tuesday brings earnings from PepsiCo and an investor day from General Motors. Cramer mentioned that while there have been some price target cuts for PepsiCo, the stock could stabilize on somewhat in-line results. On Wednesday, the Federal Open Market Committee will release notes from its recent meeting, shedding light on the central bank’s decision to cut interest rates by an aggressive 50 basis points.
Thursday will see the release of September’s CPI report, with investors hoping for a cool number to potentially trigger a rate cut. Earnings from Domino’s and Delta are also on the agenda, with Cramer expressing caution about airline stocks but optimism about Delta’s performance.
Friday brings the producer price index report, which will be a metric for the Fed’s next decision. Additionally, financial giants like Wells Fargo, JPMorgan, and Blackrock will be releasing their earnings. Cramer noted that banks represent the least expensive group on the market, suggesting investors take advantage of any weakness to buy.
But the week isn’t just about earnings reports. Cramer also pointed to three Big Tech events on Thursday, including Tesla’s robotaxi unveiling, AMD’s “Advancing AI” event, and HP Enterprise’s analyst day. Each event could have a significant impact on their respective stocks, providing opportunities for investors.
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