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CNBC's Investment Club highlights 10 items to watch in Wednesday's session, noting AI-related stocks including Micron and Corning rebounded after a single day of selling. The article is a daily market watch recap with brief mentions of individual names. No new fundamental catalysts or earnings data are provided.

Major US stock indices closed marginally higher on May 11, led by the Russell 2000 (+0.33%), with the Dow and S&P each up 0.19% and the NASDAQ up 0.10%. Session performance was bifurcated, with semiconductors, AI, and commodity names among the top gainers while consumer discretionary, retail, and select high-growth stocks saw notable selling. Markets are also focused on upcoming CPI data and US-China trade talks beginning Wednesday.

Jim Cramer, via CNBC's Investing Club Morning Meeting, described an unspecified Magnificent 7 stock as a "battleground" and recommended new investors buy Corning. No specific financial data, earnings, or corporate actions were disclosed in the article.

Corning shares declined following its earnings release, with the article attributing the drop to high expectations set by a significant rally in 2026 ahead of the results. The piece frames the post-earnings slide as a buying opportunity for investors. No specific earnings figures, guidance changes, or beats/misses are detailed in the available text.