Cramer’s week ahead: AI data center stocks face another hurdle and so does the Fed
Source: CNBC ·
CoreWeave and Nebius earnings, alongside key inflation reports that could shape the Fed's next interest rate decision, are the focus.
From the source
CNBC's Jim Cramer on Friday said that next week's earnings from leading neoclouds could test investor confidence in the battered data center trade. Stocks rebounded to end a turbulent election week, which saw investors dumping companies tied to the artificial intelligence infrastructure build-out after Democrats flipped the House and Senate and some key gubernatorial seats. Following the worst day on Wall Street in 19 months, Friday's gains were welcome but not to be trusted. Cramer remained skeptical of any recovery, as he also had been about what proved to be Wednesday's short-lived midterm rally. Cramer argued that concerns about data center spending and financing have yet to be resolved . "It felt like a dead cat bounce," the " Mad Money " host said, referring to Friday's largely positive market. "I know we are never going to get an all clear. But it still feels like there are plenty of sellers lurking, just waiting for stocks to make a bigger recovery so they can get out." With…