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Jim Cramer warns IPO and capital-raising flood could drain stock market rally

AICNBC's Jim Cramer warns that a wave of massive IPOs and capital raises could drain investor money and threaten the rally, noting companies have raised $148 billion through public offerings this year. Anthropic filed its IPO prospectus Monday, and Cramer says potential fundraising by AI leaders Anthropic and OpenAI could strain an already crowded market.
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Original title: Jim Cramer warns this overlooked danger could threaten the market rally