Jim Cramer looks at why our AI data center stocks are among the worst of the week
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
TL;DR
- Stocks rose Friday, but the S&P 500 is on pace for a weekly decline.
- Broadcom is in talks to raise $70 billion to $80 billion in debt for a chip financing deal.
- Pain in the AI trade has affected portfolio names like GE Vernova and Eaton.
- Political blowback on data center projects, such as Pennsylvania's governor's executive order, may be weighing on the AI trade.
- Nvidia, CrowdStrike, and Salesforce are set to report earnings next week.
- Nvidia's financing plan for AI buildout and demand for cybersecurity solutions are key points to watch.
- Salesforce's earnings could be a make-or-break quarter for the software giant.