Big Tech's mega-cap leaders suffered their worst month in years this June as investors fled the AI-spending trade and capital quietly rotates elsewhere.

The Magnificent Seven lost $2.3 trillion in market cap in two weeks as investors rotated out of AI mega-caps. Microsoft and Amazon each shed over $350

It's a significant change in market leadership

Investors are growing jittery about massive AI spending by the Mag 7 and when these companies will produce a return on that investment.

(Il Sole 24 Ore Radiocor) - ’Le Magnifiche 7’ hanno perso circa 2.300 miliardi di dollari di capitalizzazione nel mese di giugno. Lo riporta la Cnbc, sottolineando...

Los siete magn�ficos se dejan m�s de 2,3 billones de d�lares de valor en Bolsa en junio, tras sufrir una violenta rotaci�n de las carteras, que se alejan de las empresas que...

I leader Big Tech a mega-capitalizzazione hanno vissuto in giugno il loro peggior mese da anni, mentre gli investitori uscivano dalla scommessa sull’IA e i capitali si spostavano…

Big Tech's mega-cap leaders suffered their worst month in years this June as investors fled the AI-spending trade and capital quietly rotates elsewhere.

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…