AI spending worries hit industrials, Trump takes aim at defense stocks
CNBC·2025-12-18 03:32

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update : The S & P 500 is on track for its fourth consecutive losing session, with Nasdaq-listed companies leading the market lower amid growing concerns about overspending on artificial intelligence infrastructure. The wheels came off the AI infrastructure trade once again on uncertainty over who is backing one of Oracle 's giant ...