Microsoft short interest hit 92 million shares, or 1.27% of the float, the highest level since May 2015 and the largest short position among the Magnificent Seven, as the stock trades near $393 ahead …
Four of the Magnificent Seven tech giants are set to report earnings this week, with investors focused on soaring AI spending as companies ramp up capital expenditures, according to Neuberger senior r…
Microsoft's stock has dropped 25% over the past 12 months, the worst performance among the Magnificent Seven, as the tech giant faces a strategic dilemma over allocating compute resources between its …
Commodities have been the best performing asset class since October 2020, with the S&P GSCI up 200% and gold up 140%, yet investors hold less than 6% in energy and basic materials, down from a long-ru…
The Nasdaq Composite led US stocks to daily gains on Tuesday as chip stocks began recovering from last week's sell-off, with investors focused on Big Tech earnings this week. Prime Capital Financial C…
A record 82% of fund managers call AI the most crowded trade, according to Bank of America's latest survey, yet investor conviction on both sides of the AI debate has never been higher. The Magnificen…
Deutsche Bank economist Jim Reid said AI-driven productivity gains are years away and warned that if the technology fails to deliver, it could worsen unsustainable global debt levels. Reid noted that …
Apollo Global Management chief economist Torsten Slok warned that massive AI spending is not boosting profits for non-tech companies, creating a risk of a painful repricing of Big Tech valuations. Pro…
The combined market value of the Magnificent Seven tech stocks fell by $2.3 trillion as investors grew jittery over AI spending, according to a CNBC report that was inaccessible due to an access error…
Global investors are increasingly splitting Chinese tech stocks into AI winners and losers, with a pair trade strategy going long on Alibaba and short on Meituan returning around 130% year-to-date. Th…
Developed market tech firms' CapEx-to-sales ratio hit a record 12%, the highest since the dot-com era, driven by a race to build AI infrastructure. The Magnificent Seven are leading the charge, with s…