Tesla (TSLA) signaled it will have negative cash flow and is down to start Thursday's trading session. Alphabet (GOOGL) posted 82% cloud growth and stronger-than-expected earnings, but the stock also moved lower. Kevin Hincks points to CapEx as the key driver behind the downside moves in both Mag 7 names. He believes investors want to see a stronger profit roadmap to justify greater AI spending. Kevin notes other pressures overseas as the U.S.-Iran war continues.