Jim Cramer noted that recent gains in Big Tech stocks were driven by shifts in the bond market rather than the companies' fundamentals, as rising bond yields prompted investors to move away from cyclical stocks. Despite a downturn in the Dow and S&P 500, the Nasdaq Composite saw a slight increase, with stocks like Amazon, Meta, Alphabet, and Microsoft benefiting. Cramer reassured investors that the current market fluctuations are temporary and that solid companies can rebound even after disappointing earnings reports.
