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Jim Cramer: How the Cloud Kings Have Fallen From Grace

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Cramer penned a piece on the pain the Cloud Kings are feeling over on Real Money Friday morning.

"Unfortunately, because of their size and their long-term leadership positions, the damage might be lasting. Investors have long since regarded the stocks that dominate the cloud space as immune to the slings and arrows of the world's economy, because of their clients' endless drive to digitize and get off the expensive on-premises software and migrate quickly to the cheaper, faster, better cloud," wrote Cramer.

Watch the full clip above for more on stocks such as Workday (WDAY) and Salesforce (CRM) .

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