{"slug": "big-tech-s-big-ai-spending-is-a-good-thing-right-now", "title": "Big Tech's big AI spending is 'a good thing' right now", "summary": "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 CIO Will McGough told Yahoo Finance that tech investors will want to see strong performance from Alphabet and the rest of the Magnificent Seven, calling Big Tech's heavy AI spending 'a good thing' right now.", "body_md": "The Nasdaq Composite ([^IXIC](https://finance.yahoo.com/quote/%5EIXIC?p=%5EIXIC&.tsrc=fin-srch)) led US stocks ([^DJI](https://finance.yahoo.com/quote/%5EDJI?p=%5EDJI&.tsrc=fin-srch), [^GSPC](https://finance.yahoo.com/quote/%5EGSPC?p=%5EGSPC&.tsrc=fin-srch)) to daily gains on Tuesday as chip stocks began to show signs of recovering from last week's sell-off. Investors' eyes are especially wide on Big Tech earnings expected out this week.\n\nPrime Capital Financial CIO Will McGough sits down with Josh Lipton to comment on what tech investors will want to see in Alphabet's ([GOOG](https://finance.yahoo.com/quote/GOOG/), [GOOGL](https://finance.yahoo.com/quote/GOOGL/)) earnings and the rest of the Magnificent Seven performances.", "url": "https://wpnews.pro/news/big-tech-s-big-ai-spending-is-a-good-thing-right-now", "canonical_source": "https://ca.finance.yahoo.com/video/big-techs-big-ai-spending-is-a-good-thing-right-now-203258720.html", "published_at": "2026-07-21 20:32:58+00:00", "updated_at": "2026-07-21 21:40:34.824540+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure", "ai-chips"], "entities": ["Nasdaq Composite", "Prime Capital Financial", "Will McGough", "Alphabet", "Magnificent Seven", "Yahoo Finance"], "alternates": {"html": "https://wpnews.pro/news/big-tech-s-big-ai-spending-is-a-good-thing-right-now", "markdown": "https://wpnews.pro/news/big-tech-s-big-ai-spending-is-a-good-thing-right-now.md", "text": "https://wpnews.pro/news/big-tech-s-big-ai-spending-is-a-good-thing-right-now.txt", "jsonld": "https://wpnews.pro/news/big-tech-s-big-ai-spending-is-a-good-thing-right-now.jsonld"}}