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Cramer warns AI stocks may suffer from shifting public perception

Jim Cramer, host of Mad Money, said AI companies are losing the public narrative battle, which could hurt their stocks amid broader market weakness. He noted that over half of S&P 500 companies trade below their 200-day moving averages, and 204 stocks are at least 20% below their 52-week highs. Concerns over job displacement, energy costs, and safety risks now outweigh AI’s promises of economic…

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Key points

  • Cramer says AI stocks may decline due to worsening public perception and market conditions
  • Anthropic’s leaked IPO prospectus and OpenAI’s safety delays highlight industry risks
  • Meta’s Muse AI agent praised for small-business automation, but Cramer calls for broader narrative shifts

Cramer cited warnings from AI labs—including a leaked Anthropic IPO prospectus flagging ‘catastrophic or existential risk’—and OpenAI’s delay of ChatGPT 6.1 Astra over safety. He contrasted this with Meta’s efforts to address data center impacts and promote Muse AI, an agent for small-business automation, as a positive example. Without clearer messaging, he warned, AI’s growth potential could face further headwinds.

Full story from CNBC Technology · by Alexa LoMonacoOpen source ↗

Cramer warns the narrative around AI is turning — and stocks could pay the price

CNBC Technology · 29 September 2026

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This text was published by CNBC Technology and written by Alexa LoMonaco. It is reproduced here with attribution so you can read it in full; the rights remain with the publisher. Read it at the source ↗

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