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Magnificent Seven AI Stocks Rebound? | Durham News
The Magnificent Seven are tanking—down 13% since mid-May, wiping out $2.3 trillion in value—but don’t panic: this dip might be a buying opportunity. While AI hardware makers are soaring, the big tech giants behind the scenes are taking the hit. Investors are treating the group like one monolithic bet, ignoring each company’s unique AI strategy. But here’s the twist: these giants are spending big not out of desperation, but because they’re already seeing future demand. The next big move? A single earnings call revealing AI-driven revenue growth could ignite a full-blown rally—possibly as early…
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