According to CNBC host Jim Cramer, AI infrastructure stocks faced heavy selling pressure on Friday (November 6) following Democratic election victories. Despite Friday's market rebound, Cramer expressed skepticism that the rally represents a genuine recovery, characterizing it as a 'dead cat bounce' with unresolved concerns about data center spending and financing.

Cramer highlighted next week's earnings as critical tests: necloud platform CoreWeave (CRWV-US) reports on Tuesday after market close, while Nebius (NBIS-US) reports Thursday before market open. CoreWeave must clarify its capital raising plans and debt management strategy, while investors will scrutinize whether Nebius achieved strong new orders, completed data center buildouts, and maintains sufficient future project reserves.

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