CapEx Boom Drags Down Mag 7: Explaining AI Spending's Overhang on Tech

Jay Mehta discusses tensions in Mag 7 price action, driven primarily through growing AI CapEx. Investors are investing in other sectors as concerns over AI spending boil over. Jay also highlights what the AI CapEx boom means for the market's forward momentum and breaks down expectations ahead for the Mag 7.

Trading 360

29 Jul 2026

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