00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Big tech stocks swung markets last week as investors weighed soaring AI investments against
00:08record profits, according to the Wall Street Journal. Amazon's upbeat earnings lifted the
00:13Nasdaq to a seventh straight monthly gain, while Microsoft and Meta lost ground over spending
00:18concerns. NVIDIA became the first $5 trillion company, and Apple and Microsoft each closed
00:24above $4 trillion for the first time. Analysts warned of a potential AI-driven bubble,
00:30as Meta, Alphabet, Microsoft, and Amazon pledged higher 2026 AI spending. The Magnificent Seven
00:37now make up 38% of the S&P 500, with tech giants adding debt to fund buybacks and AI expansion.
00:43For all things money, visit Benzinga.com.
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