Jim Cramer defended Amazon despite market shift towards mega-cap tech stocks. S&P 500 rose 0.96%, Nasdaq-100 gained 0.88%. Cramer highlighted Google as the prize. “Mag 7” tech stocks include NVIDIA, Microsoft, Meta Platforms, Amazon, Alphabet, Apple, Tesla. Amazon beat Q4 sales, but $200 billion capex plan concerned investors.

Cramer sees short-term pressure on Amazon stock but justifies spending. Alphabet identified as top tech stock. Google’s increased 2026 capex forecast boosted semiconductor stocks. AI infrastructure demand strong. Jeff Bezos holds $250 million in art, outperforming S&P 500 since 1995. Everyday investors exploring art as alternative asset.

Read more at Yahoo Finance: Jim Cramer Says ‘I Will Defend Amazon’ After $200 Billion Spending Plan Triggers Selloff, Calls Google ‘The Prize’