The Fed's interest rate meeting didn't offer the fireworks Kevin Green was expecting to see, and a mixed picture in the latest Mag 7 earnings continues to pressure the AI trade. He turns to Alphabet (GOOGL) as the leading example, where shares plunged 11% in the premarket as ad and search revenue see weakness despite cloud's strength. However, KG points to Microsoft (MSFT) and its strong Azure growth as a sign AI is going nowhere. ServiceNow (NOW) sold off as it can't fend off fears AI is disrupting the business.