The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
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' key moments. U.S. stocks were mixed Wednesday as Wall Street prepared for the Federal Reserve's next policy decision in the afternoon. Fed chief Jerome Powell is set to deliver remarks during a 2:30 pm ET press conference. Although the U.S.
Still, Jim argued that the worst seems to be behind the cosmetics giant despite the stock's Wednesday decline. "People hate the company too much," he said of the market's reaction. Amazon posted fantastic quarterly results on Tuesday . However, management's current-quarter guidance came in a bit light, which could be factoring into the stock's muted gains Wednesday.
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