AI Rally Detour for Micron, Walgreens Plummets, $2T Amazon 6/27/24

Published: June 27, 2024, 2:37 p.m.

b"Carl Quintanilla and Jim Cramer led off the show with shares of Micron down sharply after the chipmaker's guidance overshadowed better-than-expected quarterly results. What does this mean for the AI trade? The anchors also discussed what to make of Walgreens Boots Alliance\\xa0shares plunging by more than 20%. The drugstore chain posted an earnings miss, slashed full-year guidance and announced store closures. Also in focus: Amazon joins the $2 trillion valuation club, Nvidia CEO Jensen Huang on robotics, Levi Strauss tumbles, bank stress test results,\\xa0Nike earnings preview.\\n\\n\\n\\nSquawk on the Street Disclaimer"