Why this unheralded AI stock can go higher despite its recent massive rally

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 Wednesday's key moments. 1. Stocks pulled back Wednesday after a hotter-than-expected inflation report raised concerns that the Federal Reserve may have less room to cut interest rates later this year. The producer price index rose 1.4% in April, seasonally adjusted, well above the consensus estimate of a 0.5% increase. …