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BenzingaBenzinga··Gav Blaxberg

Mag 7 Pledges $710B to AI Capex as Market Rewards Near-Term Revenue Conversion

Mag 7 pledges $710B to AI capex with Amazon, Microsoft, Google, Meta raising guidance. Markets reward near-term revenue converters while punishing delayed monetization plays.
METAMSFTAMZNGOOGGOOGL+1capital expenditureMagnificent Seven