🚨🔥INSIGHT:Cramer warned that the sell-off in AI stocks is likely to run further. Cramer ,"I wish I could say that flush was the bottom, but I look at the charts, and there still seems like there's no support for so many tech stocks, especially the semis, because they ran so much on the way up."
Why he thinks it runs further:
1. Data center backlash - After the midterms, opposition to new data centers is growing. Investors assumed construction would continue forever.
2. Neocloud debt risk- His biggest worry is smaller developers like CoreWeave, Iren, and Nebius. They borrowed heavily to build data centers that could now face regulatory delays.
3. Valuation- Stocks just went too high.
👉 No major borrower is defaulting yet, and he thinks a fast sell-off is actually better than a slow bleed - "ripping the Band-Aid off."
#JobsReportRaisesHikeOdds
#WillAnthropicListOnTime
#BinancePick
#USMidtermsCouldShakeUpUS-IranTies $NVDAB $TSMB $METAB
Why he thinks it runs further:
1. Data center backlash - After the midterms, opposition to new data centers is growing. Investors assumed construction would continue forever.
2. Neocloud debt risk- His biggest worry is smaller developers like CoreWeave, Iren, and Nebius. They borrowed heavily to build data centers that could now face regulatory delays.
3. Valuation- Stocks just went too high.
👉 No major borrower is defaulting yet, and he thinks a fast sell-off is actually better than a slow bleed - "ripping the Band-Aid off."
#JobsReportRaisesHikeOdds
#WillAnthropicListOnTime
#BinancePick
#USMidtermsCouldShakeUpUS-IranTies $NVDAB $TSMB $METAB
