Here's our plan for FedEx Freight's stock heading into its first earnings call

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 Thursday's key moments. 1. Stocks were volatile Thursday as investors weighed another blockbuster quarter from Micron against the negative impact that surging memory-chip prices will have on the companies buying them. Micron jumped over 13% after reporting better-than-expected earnings and guidance, lifting its peers in the memory-and-storage complex like Sandisk and Western Digital . However, those gains were offset by weakness in major tech names including Apple , Amazon , Microsoft , Alphabet , and Meta — all companies that need to pay up for memory. Apple fell nearly 5% after raising prices for several MacBook and iPad models to offset rising memory costs, sparking some concern about potential demand destruction. Meanwhile, the personal consumption expenditures price index — the Federal Reserve's preferred inflation gauge — came in largely in line with expectations, helping push the benchmark 10-year Treasury yield lower . 2. Shares of Club holding Intel fell 2% Thursday. Goldman Sachs initiated coverage of the stock with a neutral rating and a $150 price target, implying roughly 14% upside from Wednesday's close. …