We're trimming an AI rocket ship of a stock and one that's now back in favor

Jim Cramer’s Charitable Trust is trimming positions in two AI-related stocks to lock in gains and rebalance exposure. The trust is selling 40 shares of Arm (around $211) and 20 shares of CrowdStrike (around $594), reducing their portfolio weightings modestly. The Arm trim reflects a large YTD rally (about +90%) and supply-related limits on near-term CPU revenue despite long-term conviction in data-center CPU demand. The CrowdStrike sale follows a sharp sentiment reversal for cybersecurity stocks after new AI developments (Anthropic’s Project Glasswing) and Palo Alto Networks’ warning about imminent AI-driven exploits; the trust downgraded CrowdStrike to a hold-equivalent and is realizing a roughly 98% gain on older shares. The trades signal profit-taking in high-flying AI hardware/story stocks and a broader market re-rating that sees cybersecurity names as beneficiaries of AI risk, while maintaining longer-term bullish views.