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

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

My top 10 things to watch Thursday, June 18 1. New sheriff in town at the Federal Reserve. His name is Kevin Warsh . At his first post-meeting press conference yesterday, the new central bank …

My top 10 things to watch Thursday, June 18 1. New sheriff in town at the Federal Reserve. His name is Kevin Warsh . At his first post-meeting press conference yesterday, the new central bank chairman sounded sounded pretty forceful and also like a teacher teaching a relatively uneducated press. Classic overreaction by sellers yesterday. Futures are higher this morning. 2. Apple plans to raise device prices due to surging memory costs, CEO Tim Cook told The Wall Street Journal . Keeping profit margins intact on the next iPhone Pro model may require a roughly $270 price hike, according to research cited by WSJ. Would the cell phone carriers still offer their lucrative iPhone deals to effectively minimize the impact to the consumer? What about the other phone makers? 3. Intel is surging this morning after President Donald Trump wrote on Truth Social that fellow Club name Apple has "agreed to work with Intel to design and build its Chips in America." I'm working to confirm the specific details. But, as I told Club members yesterday in our Monthly Meeting, Intel is my favorite stock right now. Booming CPU demand, and its foundry business is a key national resource. 4. Marvell's price target was raised to $385 from $260 at KeyBanc. Kept its buy rating. Analysts held investor meetings with management and grew more optimistic about Marvell's opportunity in "scale up" networking inside the server rack. …

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Tim Cook · Jefferies · Microsoft · Kevin Warsh · Truth Social · Donald Trump · Jim Cramer · Federal Reserve · Wall Street Journal