The departures include leaders from Cruise's legal, government affairs, commercial operations and safety and systems teams, according to a company-wide message.
Cramer said there's still money to be made in cyclical stocks and sectors that benefit from lower interest rates such as homebuilders, autos and financials.
The Federal Reserve signaled that it will cut interest rates in 2024 even with the economy still growing, potentially achieving the so-called "soft landing."
After raking in billions from Covid products, Pfizer has struggled to navigate a world beyond the pandemic and reassure investors about its growth potential.
Treasury yields dropped on Wednesday after the Federal Reserve held rates steady for a third consecutive meeting and set the stage for three cuts in 2024.
CNBC's senior personal finance correspondent Sharon Epperson shared advice with high school students at Junior Achievement of Middle Tennessee in December.