News · CNBC

Jim Cramer's top 10 things to watch in the stock market Tuesday

Jim Cramer's watchlist for Tuesday, October 13, starts with a chip stock sell-off that began in South Korea, where the Kospi fell 5.5% overnight and Micron slid nearly 4%. Broadcom CEO Hock Tan said investor expectations, not weak demand, drive the sharp swings in AI stocks. Goldman Sachs beat estimates with revenue topping consensus by nearly $2 billion, while Wells Fargo beat on profit but missed on revenue and its shares fell 2%. JPMorgan posted a rare EPS miss but raised its full-year net interest income outlook, and Johnson & Johnson's devices unit fell short even as it raised its full-year earnings guidance. Bernstein downgraded AT&T to hold over SpaceX's growing broadband and wireless presence, while Truist raised its Meta price target to $1,000 from $763 and Barclays lifted its Microsoft target to $600 from $512.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on CNBC ↗

All news →

Get briefings and signals on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the morning, midday and evening briefing of each market and important news as it happens.