Hey, I'm Kramer. Welcome to Mav Money. Welcome to Kramer. Other people want to make money. I'm just trying to save you a little. My job is not just to entertain. It's to teach you. You deal with days like today. So call me at 1-800-743-C-BC. You can tweet me at Jim Kramer. Somebody has to play the bad guy.

Might as well be me. In the last two months, regular viewers of this show know I've gotten cautious on the more

speculative stocks connected to the data center and AI. I've said repeatedly that when I say insider

selling and secondary offerings,

borrowings, and operations with no revenue, I'd have to take a step back. I had proclaimed

2025 as the year of magical investing, where if you bought anything, anything at all that's

involved in the data center, you've made money. This week, though, and what I admit is a very big change for me.

I pulled the plug on the year of magical investing.

I pronounced it over.

Dead.

Well, you know, that's certainly a good call.

Dale tumbling 798 points, S&B plunging 1.66%

NASDAQ plummeting 2.29%.

Nothing magical about those figures.

Today was a hideous day, but strictly for tech, most especially the data center and AI stocks.

See, the money's headed to the sidelines or headed to high growth away from tech.

I don't want to abandon the truly profitable companies involved in AI, and my trust has it.

But I know a mania when I see one, and my trust hasn't. But I know

a mania when I see one, and this one feels like it's starting to unwind. What am I scared of?

Simple. A year I lived through, the year 2000. Back in 1999, I brought a company public that was

losing tens of millions of dollars. It opened at $63. It went to $61 and went to $63. Same day. But before

long, it had fallen to $2. I was still in my hedge fund back then. So I liquidated almost my entire

...