The S&P 500 fell Monday after Anthropic CEO Dario Amodei’s weekend essay called for a slowdown in developing AI capabilities. West Texas Intermediate crude traded above $103 per barrel, while the 10-year Treasury yield reached 5% for the first time since 2023. Club holdings tied to artificial intelligence and data-center construction, including Intel, Micron, Eaton and GE Vernova, declined, as did Broadcom and Nvidia. Jim Cramer told portfolio director Jeff Marks that rising oil and weakening AI stocks made it difficult to act, reiterating that remaining on the sidelines can be appropriate during oversold markets. The Club is not rushing to add to Intel or Micron, although their declines put both on its shopping list once markets settle; Cramer identified a 10% decline as a level at which the Club would consider buying. Jeff Marks said uncertainties remain, while inference, the day-to-day running of AI models, still requires substantial cloud computing and may support the performance of hyperscaler companies. Cybersecurity stocks benefited from the shift in sentiment, with CrowdStrike and Palo Alto Networks surging more than 14% and 12%, respectively. The CNBC Investing Club does not generally chase sharp, parabolic moves. Cramer was traveling to San Francisco for Monday, Tuesday and Wednesday editions of Mad Money, with Broadcom CEO Hock Tan and CrowdStrike CEO George Kurtz scheduled to appear Monday night.