Quarterly earnings at tech giants Meta and Microsoft surged, indicating that multi-billion dollar AI investments are starting to pay off.
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After serving as the driving force for a blistering market rise, the so-called Magnificent Seven have taken an epic stumble in 2025.
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“People are freaked out. And with uncertainty comes cautiousness with capital-heavy investments.”
Hedge funds are still all in on the AI boom that drove the Magnificent Seven’s gains, they just think it’s creating value elsewhere now.
“There are still going to be things that classical computers are better at.”
Last Tuesday, content conglomerate Thomson Reuters notched a big legal win against AI firm ROSS. Is it a sign of what’s to come?