No longer magnificent? How Apple, Microsoft and other Mag 7 stocks are crumbling under AI pressure
- Posted on July 2, 2026
- By Business News Today
- 0 Views
- 1 min read
No longer magnificent? How Apple, Microsoft and other Mag 7 stocks are crumbling under AI pressure
The Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trillion erased in June, markets are shifting focus from AI hype to profitability, free cash flow and monetisation ahead of earnings.
