The red-hot AI trade has cooled off. Jim Cramer offers a timeline of how it all went down
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Monday - Friday, 6:00 - 7:00 PM ET Wall Street's love affair with the artificial intelligence trade — a major driver of the market's gains in recent years — has encountered a rough patch this fall. And on Tuesday, CNBC's Jim Cramer said more declines in AI stocks could be on the way. In examining what has resulted in the red-hot AI trade turning cold, Cramer said the seeds of the market's concerns were planted in September around Oracle's earnings report, and they only mounted from there as
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