Jim Cramer Says Wall Street Is Repeating the Dot-Com Playbook - Tekedia

Jim Cramer says Wall Street is shifting away from high-flying AI stocks and into defensive names like Coca-Cola and Walmart.

Investors are growing more wary of rich AI valuations and are focusing on steadier earnings and cash flow.

Alphabet’s higher 2026 spending plan and weaker free cash flow outlook added to concerns about tech leadership.

The move echoes the post-dot-com rotation, with semiconductors and other AI-linked shares facing more caution.