CNBC Investing Club: Cramer’s Morning Take on Meta Platforms 9/29/26

Cramer sees Meta's pullback as buyable, betting its enterprise AI push justifies a re-rating from 16x to 24x earnings.

• Anthropic prospectus leak: Seeks a valuation above $2 trillion, with revenue up 12-fold in 2025 but roughly $8 billion in operating losses and plans to spend over half a trillion dollars on cloud/infrastructure; Cramer expects a possible IPO by November.
• Cramer tempers AI negativity: He says the leak put 'everything bad' on the table but not the good 2026 outlook, comparing Anthropic favorably to a homebuilder-style risk profile.

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