Wall Street recovers from Fed slump, and the next step for Amazon's AI chip ambitions
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Source: CNBC
Published: 2026-06-19 04:35 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Technology & AI, Energy, Economy & Finance, Financial Markets, Business & Economy
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Snippet:
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks are closing the week higher, recovering most of Wednesday's losses sparked by the Federal Reserve meeting. Crude prices also fell on encouraging headlines about oil tankers exiting the Strait of Hormuz.
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