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Cramer's week ahead: Fed decision and earnings from General Mills, Darden and Nike
GMGM(US:GM) CNBCยท2024-12-13 23:33

Group 1: Federal Reserve and Economic Indicators - The Federal Reserve is expected to cut interest rates by a quarter percent during its meeting on Wednesday, which may distract investors from long-term performance [3] - Retail sales numbers will be released on Tuesday, leading to debates on consumer behavior during the shortened timeframe between Thanksgiving and Christmas [2] - The personal consumption expenditures index will be published on Friday, with potential negative discussions if the number is high [5] Group 2: Company Earnings and Performance - Earnings reports from General Mills, Micron, and Lennar are anticipated on Wednesday, with concerns about General Mills due to Robert F. Kennedy Jr.'s healthy-eating approach impacting profits [3] - Darden Restaurants, Nike, and FedEx will report earnings on Thursday, with Darden facing potential pushback on high prices and Nike needing more innovation to compete [4] - Carnival is expected to outperform Wall Street estimates, with cruises seen as a bullish sector within the S&P 500 [5] Group 3: Legal Developments - The trial between Qualcomm and Arm Holdings begins on Monday, with a potential victory for Arm Holdings threatening Qualcomm's license for key chips used in cellphones and laptops [1]