Stocks
$1 Trillion Data-Center Boom Fuels Stock Market Surge
Financial news commentator Jim Cramer expressed his excitement on August 4, 2026, about the stock market's performance, calling it a 'generational setup' for investors.
The Dow and S&P 500 were posting record highs, with WTI crude sitting at $76.58, its lowest since July 13.
Cramer attributed this to the massive growth in data-center spend, which is tracking a 30% year-over-year increase, amounting to over $1 trillion.
Two companies benefiting from this trend are Caterpillar and Palantir.