Jim Cramer says the market’s biggest winners all have one thing in common

jim cramer says the market now has two sectors: data center stocks and everything else. the s&p 500 hit another all-time high thursday, powered by companies tied to ai infrastructure. cramer pointed to quanta services, which builds power lines for utilities scrambling to meet electricity demand from data centers — "giant mouths that must be fed with never-ending electricity." eaton and vertiv benefit from power management and cooling. carrier global is seeing a turnaround tied to data center cooling. cramer called this "the beginning of a multi-year move." teradyne rallies as more chip production needs its testing gear. qualcomm is breaking into data centers with a new, unnamed customer. even caterpillar sees strong demand for its turbines to power data centers — cramer said "i worry they don't have enough." networking firms ciena, arista, and cisco benefit from connectivity needs. iron mountain, known for document storage, now leases space to hyperscalers.