Following the midterm elections that gave Democrats control of both chambers of Congress, financial markets have swung sharply, fueling concerns about the data center buildout and the technology sector. According to Jim Cramer, this sell-off may be harder to resolve than the April 2025 decline, after President Donald Trump quickly softened his tariff policy. The investing club has reduced its artificial intelligence exposure and fully exited Arm Holdings, Corning and Broadcom, while saying it did not reposition quickly enough into Kimberly-Clark and Cardinal Health. The club has ample cash and is favoring less risky stocks, but an Anthropic initial public offering demonstrating the value of computing infrastructure could prompt Cramer to put more capital to work. Cramer said he would become more sanguine if the market kept falling, particularly outside technology stocks.
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