Jim Cramer Says CNBC Investing Club Raised Cash to 15% and Cut Data-Center Exposure

According to CNBC, Jim Cramer said elevated oil prices, interest rates and geopolitical uncertainty are prompting a more defensive stance, and his Charitable Trust raised cash to 15% while reducing exposure to data-center stocks and increasing health care holdings. The portfolio exited its remaining Corning position on Tuesday and trimmed Broadcom last Monday to buy more Cardinal Health. Cramer said the shift does not reflect weaker AI fundamentals, but rather pressure from higher rates and political opposition to new projects, while the Club continues to own Nvidia and Apple.