The long-running AI-driven rally that propelled the Magnificent 7 technology stocks to record valuations is facing increasing scrutiny as investors reassess the costs of the artificial intelligence boom and redirect capital toward sectors benefiting more directly from AI infrastructure demand. Several of the markets biggest winners have experienced notable declines from recent highs. Microsoft (MSFT) has fallen 33%, while Meta Platforms (META) is down 28%. Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), and Alphabet (GOOGL) have each retreated by more than 10%, with Apple (AAPL) holding up… Read more
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