Group 1: Market Overview - The upcoming week will be influenced by the Federal Reserve's meeting and earnings reports from major companies like FedEx, Micron, and General Mills, with market action being heavily impacted by the White House and the Fed [1] - Consumer spending is expected to decline due to fears about job security, as indicated by the retail sales report [1] Group 2: Key Events and Reports - Nvidia's annual GTC conference will showcase AI innovations, and housing starts data will be released, which is crucial for understanding economic conditions [2] - The Federal Reserve will meet to discuss inflation, with prior economic data showing promising signs [3] Group 3: Company-Specific Insights - General Mills is anticipated to report disappointing results due to scrutiny over its products and changing consumer preferences influenced by weight loss drugs [3] - Darden, the parent company of Olive Garden, is expected to post solid earnings due to its value offerings [4] - FedEx's earnings report may present a buying opportunity, as the company's management is viewed positively [4] - Nike's performance will be closely watched to see if it indicates a return to growth [4] - Carnival's stock may rise despite recent strong performance in the cruise sector, as the company is not perceived to be struggling [5]
Cramer's week ahead: Fed meeting and earnings from FedEx, Micron and General Mills