Wednesday’s big stock stories: What’s likely to move the market in the next trading session

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching as the S & P 500 neared its record high, and what's on the radar for the next session. Nasdaq 100 The index hit a new closing record on Tuesday. It is up 35% from its 52-week low, reached on April 7. Palantir , Zscaler and Micron are this year's top components. .NDX 1Y mountain The Nasdaq 100 index over the past 12 months The Cramer Effect Jim Cramer focused on the big rally on "Mad Money" Tuesday night, looking at the big chips and their focus on artificial intelligence. Cramer pointed out Nvidia is up 39% in two months. The stock is up 856% since he last bought the stock for the charitable trust in 2022. That's ten times better than the performance of the QQQ over the same time period. Nvidia will hold its annual meeting on Wednesday, and the stock is 3.4% from the January high. AMD and Vertiv are up 46% in two months. Marvell is up 31% in two months. Micron is up 65% in two months. More on Micron The tech giant will report after the bell on Wednesday. CNBC TV's Kristina Partsinevelos will cover the company's numbers. Micron specializes in memory and data storage. Micron is up 32% over the past three months, and it is up 3.5% in two days. The stock is still down 11% from the 52-week high reached last June. MU 3M mountain Micron in the past three months Closing in on highs The S & P 500 is off 0.9% from the high. The Nasdaq Composite is 1.45% from the high. The Dow Jones Industrial Average is off 4.4% from the high. The NYSE Composite is about 0.6% from the high. The small-cap Russell 2000 is down 12% from the high. The S & P sectors Three of the 11 are within 1% of a high. Industrials touched a new high on Tuesday and so did tech. Financials are 0.98% away. Utilities are 1.1% from the high. Consumer staples are 2.4% off the high. Communication services are down 4% from the high. Real estate is off 6% from the high. Materials, consumer discretionary, energy and health care are all more than 10% away from highs. .GSPT YTD mountain The S & P 500 information technology sector in 2025 Data center ETFs This part of the tech ecosphere has seen a big run since early April. Since that period, the Pacer Data and Infrastructure ETF (SRVR) is up 26%. Since early April, the Global X Data Center ETF (DTCR) is up 33%. The iShares U.S. Digital Infrastructure ETF (IDGT) is up 28% since early April. General Mills The consumer goods company will report in the morning. The stock is down 8% in the past three months. General Mills is 30% from the September high. GIS 3M mountain General Mills in the past three months Archer Aviation CEO Adam Goldstein will be on "Money Movers" with Sara Eisen and Carl Quintanilla in the 11 a.m. hour ET. The stock is up 280% from the 52-week low reached in September. Archer is off 17.6% from the 52-week high. Jim Cramer got a call in during the lightning round Tuesday night. He said there is 25% upside. Robinhood's annual meeting is Wednesday CEO Vlad Tenev was on " Squawk Box " with Becky Quick, Andrew Ross Sorkin and Joe Kernen ahead of the meeting. Tenev said, "I think in the future crypto technology will power trading and all sorts of financial services, including trading in stocks and other trad-fi assets." The stock hit a new high on Tuesday. It is up almost 24% so far in June and up nearly 70% in three months. In 2025, Robinhood is up 120%. HOOD YTD mountain Robinhood in 2025 Quote of the day When one viewer told Jim Cramer he was "interested" in Six Flags , Cramer told him: "Don't be interested in it." The stock is 50% off the 52-week high. Shares are down 9% so far in June, which is not a great start to the summer. Disney , which Cramer prefers, hit a high earlier this month. The stock is up 8% in the past month. The stock was around $200 back in March 2021.