Feb. 10 at 7:29 PM
$NVDA $NVDQ
Floki Vikings told you first!
The dramatic rise in capital spending across the so-called Magnificent 7 (Apple , Microsoft , Amazon , Alphabet , Meta Platforms , Tesla , and Nvidia ) may be a warning sign for investors, according to Mark Hawtin of Liontrust Asset Management . In an interview with CNBC, Hawtin explained that recent earnings calls showed just how aggressively these tech giants plan to spend. While the goal is long-term growth, this surge in capital expenditures could increase risk and potentially cause these stocks to underperform the broader market