Inflation Report

Investors faced a mixed market on Wednesday, with benign inflation data offset by hawkish White House commentary and significant upcoming IPOs. The CNBC Investing Club increased cash to 12%, trimming Eaton and Cardinal Health. Amazon’s expanded trucking services impacted FedEx Freight, though Cramer sees potential in its LTL segment. Nvidia’s shares continued to decline, attributed to market rotation rather than fundamental issues, with Cramer maintaining a long-term bullish view.