Jim Cramer calls this Mag 7 stock a battleground; urges new investors to buy Corning

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. The S & P 500 was little changed ahead of the Federal Reserve's Wednesday afternoon interest rate decision, likely marking Jerome Powell's last policy meeting as Fed chairman. No rate change is expected. If confirmed, nominee Kevin Warsh would take over as Fed chief in May. …