AI Weekly Malaysia

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06 Oct 2026, 6:18 AMCNBC Technology2.0 Stocks are hitting records despite surging yields. Cramer explains why

CNBC's Jim Cramer said Nvidia, Microsoft and Meta are masking pressure from surging Treasury yields after the Nasdaq rose about 1% to a record and the S&P 500 gained 0.66%, finishing 0.3% below its Aug. 13 record close. The 10-year Treasury yield rose above 5.34% and the 30-year approached 5.7%, while Meta gained 1.9%, Microsoft added 1.5%, and Nvidia rose 2.1% to its first record close since May. Cramer called the stock-bond disconnect a 'tremendous distortion' and said the bond market is an important signal for where stocks could head next.

Why: For most developers, vibe coders, database learners, AI/ML learners, and AI agent users, this has no direct technical or product impact. For SaaS/startup founders, the practical takeaway is narrow: the article attributes record equity levels to a few AI mega-caps even as 10-year yields are above 5.34%, so do not treat headline AI-stock strength as evidence of broad, cheaper startup funding or a shift in local/SEA builder conditions.

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