Magnificent 7 stocks shed hundreds of billions amid AI spending fears

Source: Biztoc.com· foxbusiness.com· July 24, 2026
Magnificent 7 stocks shed hundreds of billions amid AI spending fears

Shares in the Magnificent 7 tech stocks have slumped this week amid investors' concerns about massive spending by hyperscalers on artificial intelligence infrastructure amid uncertainty about the global economy due to the resumption of hostilities in the Iran…

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