Why Micron shares are down after the chipmaker's earnings beat and raise

Jim Cramer and CNBC Investment Club with Jim Cramer on weekdays are organizing a live stream at the "Morning Meeting" at 10:20. Here is a summary of the key moments of Thursday. As the S&P 500 approaches the record level, the stocks are higher on Thursday. After President Donald Trump announced the "Liberation Day" tariffs for trade partners, in April, it is over 20% of its lowest levels. The latest evidence is durable goods orders for May. Increased 16.4 % - almost twice the estimation. This was the biggest monthly gain in 11 years. Interest rates are also slightly lower. San Francisco Federal Reserve President Mary Daly, Bloomberg, said that if the tariff effects are minimal, it looks promising for a decline. 2. Micron shares fell slightly, despite the fact that he published strong quarter earnings on Wednesday. “He's getting a profit, Jim Jim Cramer said. The company's income, gross profit margin and earnings per share, defeated street forecasts. Micron's data center income increased by more than twice in the first quarter due to the increase in demand for high bandwidth memory. "People always say it's an explosion or bust, and that's why they sell it now. It's not because they're in polar position for data centers," Jim said. Broadcom is like Nvidia built on Thursday, Wednesday, built on a new record set. 3. Analysts at Deutsche Bank increased its price targets from $ 97 to $ 105 and said that the coffee chain was the right strategy to improve the performance of the investment in the labor force. Jim, "One day will not wake up and you will not see Starbucks 25% because they delivered a good quarter." He said. Instead, Jim said that investors could expect slow growth while CEO Brian Niccols is trying to make a successful return as in Chipotle. "HE [Brian Niccols] It continues to simplify, which is very smart, Jim Jim said. 4. At the end of the video, the shares covered on Thursday's fast fire: McCormick, Trade Desk and General Mills and General Mills and Aerovironment (Jim Cramer's benevolent trust Long Avgo, NVA, NVA. Jim, CNBC TV. Connection with the club.