Articles
As Tech Companies Keep Pouring Money Into AI, Signs May Be Pointing to Disaster
Buy-n-Shoot NewsThe Magnificent Seven The fourth quarter earnings season is in full swing, and big tech companies may be losing out. Despite an announcement by President Donald Trump to dump $500 billion into AI development, the so-called "magnificent seven" (M7) stocks — the wall-street nickname for Google, Meta, Nvidia, Tesla, Apple, Microsoft, and Amazon — are slumping. Once thought to be air-tight, analysts are now warning that it may be time for investors to sell, as M7 companies report less than stellar fourth quarter and full-year results. Tesla and Google whiffed at earnings expectations, sending their shares into a slump. While […]
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