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 Tuesday's key moments. U.S. stocks were little changed Tuesday as the market digested hotter-than-expected inflation data. April's producer price index print came in above estimates , further complicating the timeline for Federal Reserve interest rate cuts.
We'll listen for any updated commentary from management later Tuesday at a Bank of America health-care conference. Year to date, the stock is now up more than 10%. Amazon announced Tuesday that the CEO of Amazon Web Services, Adam Selipsky, will step down in June. Selipsky will leave Amazon's cloud computing business in a position of strength, with revenue up 17% year over year in the first quarter. Shares of the Club holding were lower by about 0.5% on Tuesday.
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