Magnificent 7 stocks shed hundreds of billions amid AI spending fears

Magnificent 7 stocks shed hundreds of billions amid AI spending fears

Source: www.foxbusiness.com · Section: business-tech · Bias: Right · Published: Fri, 24 Jul 2026 18:00:15 GMT

Magnificent Seven stocks lost $787 billion in a single day as Alphabet and Tesla earnings revealed massive AI infrastructure capex that spooked investors.

Read the full article at www.foxbusiness.com →

The same story across the political spectrum (5 sources)

Center-Right: 1 hyperscaler megacap down, 3 to go. Alphabet raises the stakes on AI spending — www.cnbc.com
Center: Magnificent 7 Lose $767 Billion as AI Skeptics Dump Tech Stocks — spokesman.com
Center: Elon Musk Wouldnt Rule Out a Tesla - SpaceX Merger on the July 22 Earnings Call . Here What It Would Mean for the Shares You Own Today . — fool.com
Center-Right: Musk's bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight — www.cnbc.com

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