AI Data Center Stocks Face Key Earnings and Inflation Tests

Jim Cramer warned that upcoming earnings from AI data center companies CoreWeave and Nebius, along with key inflation reports, could test investor confidence in the battered data center trade next week. Stocks rebounded Friday after a turbulent election week that saw investors dump AI infrastructure stocks following Democratic gains, but Cramer called the recovery a "dead cat bounce" and said concerns about data center spending and financing remain unresolved. The consumer price index arrives Tuesday, with Cramer warning that persistent inflation could prompt Federal Reserve Chairman Kevin Warsh to raise interest rates again after September's hike. CoreWeave reports after the close Tuesday, with Cramer saying the heavily indebted neocloud must explain its expansion financing plans, followed by Nebius before the bell Wednesday. Other reports include Constellation Energy, Cisco Systems, Applied Materials, and Kraft Heinz, with the producer price index due Friday.