New economic data and earnings from FedEx, Jabil

CNBC’s Jim Cramer on Friday told investors what to look out for next week on Wall Street, including new economic data and earnings from FedEx and manufacturer Jabil. He also remarked on this week’s big decline in tech stocks. He said he still believes in the power of artificial intelligence and suggested some of these…

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Broadcom stock reverses lower on a misinterpretation of what the CEO said on the earnings call

Broadcom on Thursday evening reported another strong quarter and better-than-expected guidance for the current quarter. Nonetheless, the Club stock gave up its initial pop and traded sharply lower as the Q & A session of the post-earnings conference call kicked off. Investors were apparently not satisfied with CEO Hock Tan’s answer to an important question….

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