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 Thursday's key moments. U.S. stocks were mixed Thursday as Wall Street digested another batch of fresh inflation data. The producer price index for March came in below estimates, but it wasn't enough to recover from Wednesday's big market selloff on a hotter consumer price report.
Costco announced a special cash dividend last year, but we're still waiting for the retailer to hike membership fees, which is historically overdue. Amazon rose on Thursday after CEO Andy Jassy published his annual letter to shareholders . The tech giant is not done lowering cost to serve, Jassy said. This comes after the company reduced the figure last year for the first time since 2018.
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