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Skip Navigation Markets Pre-Markets U.S. Markets Currencies Prediction Markets Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate Energy Climate Transportation Investigations Industrials Retail Wealth Sports Life Small Business Investing Personal Finance Fintech Financial Advisors Options Action ETF Street Buffett Archive Earnings Trader Talk Tech Cybersecurity AI Enterprise Internet Media Mobile Social Media CNBC Disruptor 50 Tech Guide Politics & Policy White House Policy Defense Congress Expanding Opportunity Video Latest Video Full Episodes Livestream Live Audio Live TV Schedule CNBC Podcasts CEO Interviews CNBC Documentaries Digital Originals Watchlist Investing Club Trust Portfolio Analysis Trade Alerts Meeting Videos Homestretch Jim's Columns Education Subscribe PRO Pro News Josh Brown Mike Santoli Calls of the Day My Portfolio Livestream Full Episodes Stock Screener Market Forecast Options Investing Chart Investing Subscribe Livestream Menu Make It select USA INTL Livestream Search quotes, news & videos Livestream Watchlist SIGN IN Create free account Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Why Cramer still recommends being 'a little more reserved' about data center stocks Published Wed, Sep 9 2026 12:11 PM EDT Natasha Abellard Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's key moments. 1. The S & P 500 fell Wednesday as surging oil prices and Treasury yields continue to spook equity investors. Treasury yields rose after the Treasury Department said it's buying back $6 billion of government debt , triple the normal amount. Meanwhile, West Texas Intermediate jumped 3%, trading above $96 a barrel on escalating Middle East tensions, which sparked concerns over further disruptions to Middle East energy supplies. "If oil were to reverse, just imagine what this tape would be," Jim Cramer said. Separately, Meta shares advanced over 6% following the company's debut of its personal AI agent app late Tuesday. Even with Wednesday's advance, Meta shares remain cheap . During our September Monthly Meeting on Thursday at noon ET, Jim plans to talk about the six stocks that he believes you must buy. 2. Jim also said he liked how Meta President and Vice Chair Dina Powell McCormick talked about serving communities that agree to house data centers. On a recent podcast , the Goldman alum and ex-Trump advisor addressed concerns about energy and strains on public services. In addition to societal and political backlash, new warnings about AI safety are adding another layer of uncertainty to the data center trade. One Anthropic researcher resigned due to claims of inadequate safeguards. Another put a greater than 10% chance that AI could kill all humans within the next decade. From a stock perspective, Jim said, "You have to stay a little more reserved about data centers" based on all the negativity out there. 3. Apple shares fell over 1% ahead of the company's annual fall product launch, which will be John Ternus' first since taking over as CEO on Sept. 1. The event kicks off at 1 p.m. ET. Portfolio director Jeff Marks said investors will be focused on Apple's new foldable iPhone, which is expected to have starting price of around $2,000, according to Bloomberg News. Jeff cautioned that Apple's stock has historically performed well into the event and pulled back afterwards. Therefore, the event is "not necessarily a reason to buy," he said. 4. Stocks covered in Wednesday's rapid-fire at the end of the video were: Casey's General , Signet Jewelers , ServiceTitan , and Jersey Mike's . (Jim Cramer's Charitable Trust is long META and APPL. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED. More In Morning Meeting watch now watch now VIDEO 10:36 Wednesday, September 9, 2026: Cramer says he likes what this hyperscaler is doing Jim Cramer wants to buy more FedEx Freight once this 1 thing happens Paulina Likos watch now watch now VIDEO 10:34 Tuesday, September 8, 2026: Cramer says this chip stock could rise much more Read More
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