Big Tech's $1T AI spending raises Fed inflation concerns. Tesla largest company by July 31 at 0.1% YES; Company D at 50% YES; Apple at 9.8% YES.

Goldman Sachs forecasts $7.5 trillion in AI infrastructure spending over five years. Apple as largest company by market cap on July 31, 2026 at 76.6% YES.

Big Tech's combined debt hits $350 billion as AI data center spending surges, with credit markets showing signs of investor fatigue and rising