No longer magnificent? How Apple, Microsoft and other Mag 7 stocks are crumbling under AI pressure

July 2, 2026

The Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trillion erased in June, markets are shifting focus from AI hype to profitability, free cash flow and monetisation ahead of earnings.

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No longer magnificent? How Apple, Microsoft and other Mag 7 stocks are crumbling under AI pressure

The Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trillion erased in June, markets are shifting

July 2, 2026

Macro headwinds are behind us; largecaps poised to outperform: Prashant Jain

India’s equity markets are poised for a positive turn as economic challenges recede, according to Prashant Jain. He highlights strong domestic fundamentals, improving external balances,

July 2, 2026

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