By Jeff Marks
Publication Date: 2026-08-21 18:55:00
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets are headed for a positive finish on Friday, but it’s been a tough week for stocks overall. While the healthcare, energy and materials sectors posted gains for the week, it was a struggle for industrials, technology and utilities, the sectors that play a critical role in supporting the AI infrastructure buildout and powering data centers. We are questioning whether the group’s sell-off is tied to growing political pushback against data centers ahead of November’s midterm elections. Qnity Electronics announced Ken Rizvi will be its next chief financial officer starting Oct. 1. He will replace Michael Goss, who has been serving as CFO under an interim tag. Rizvi is joining Qnity after a short stint as the CFO of Synaptics . Shares are down almost 3% on Friday, but we’re not sure that reflects the hire. Qnity’s main semiconductor-materials peer, Entegris , also traded lower Friday. If anything, the appointment probably removes some uncertainty about who will help run the company. The stock has had a tough week, falling roughly 9% alongside others tied to the AI infrastructure buildout. Despite making a ton of money, the stock remains underappreciated and undercovered by Wall Street. That could change if more tech analysts start covering the stock and pushing it to their clients. Qnity was spun off…
