Alphabet, Tesla Capex Surge Sends Magnificent 7 Sharply Lower

1. 1Roundhill Magnificent 7 ETF (MAGS) plunged nearly 5% on Thursday, marking its worst single-day session since April 2025.
2. 2Alphabet raised its 2026 capex outlook to as much as $205 billion, while Tesla signaled an increase in capital spending despite weak earnings.
3. 3Wall Street has been rewarding Apple for its restraint on large-scale AI infrastructure investment while increasingly penalizing unchecked capex, demanding clear visibility into AI monetization.

Source MarketWatch +1 · View original ↗

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