Jim Kramer here to share a short preview of my take on the market from today's

members-only CNBC Investing Club morning meeting. Join the club for full access to the morning

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morning take. But what today. That's one word morning tape.

But what's happening is that we have a thirst for hardware today, but software is under tremendous pressure. Yes. And there's a lot of people who feel like my friend,

Ben Righteous, at Melius, look, AI 8 software, we get that constantly.

But what I come back and say is we've been saying that Microsoft is challenged.

We have two buy recommendations today and they can't move it.

But I do like Krause right down here.

Yeah, we continue to point out that if there is a category insulated by software pressures,

it should be cybersecurity.

They are the ones, you know, gatekeeping the agents, so to speak.

So a very mission critical business that you're not going to want to let an LLM do for you because an LLM can hallucinate,

but CrowdStrike has to get it right every single time. Right. And you can't have an LLM also

being your cybersecurity agent because that would not be something at the insurance companies

would allow insurance companies rule here. So I've tempted to buy a little. It is interesting to see the software struggles. They

kind of go hand in hand with private credit, which there's still a hangover on those stocks. We don't

own block rock anymore. I think that's what's causing this. But there is that as well. Not as much

of a, I'm sorry. I was going to say not as much

of a bleed into some of the other financials. I saw Wells Fargo hanging in there today. Goldman

may be down, but it's had a nice move over the last week or so. I mean, Wells Fargo, someone said

has more exposure to software than others. That's just not true.

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