Jim Cramer

3 Takeaways from Investing Club’s Wednesday Morning Meeting

Every weekday, the CNBC Investing Club with Jim Cramer hosts a live “Morning Meeting” at 10:20 a.m. ET. Here’s a recap of Wednesday’s highlights. Financials benefit from cooling inflation Quick Mentions: LIN, CRM, WYNN Disney needs to talk about more than streaming 1. Financials are big winners today Stocks rose on Wednesday after a softer-than-expected …

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We expected more from AMD’s earnings, but nothing changes our investment case

Advanced Micro Devices ( AMD ) reported better-than-expected second-quarter results Tuesday after the closing bell. Revenue rose 70% year over year to $6.55 billion, beating estimates of about $6.53 billion, according to FactSet. Adjusted gross margins rose 640 basis points over the year to 54%, beating expectations of around 53.5%. And adjusted earnings per share …

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