Alphabet and Apple Emerge as Strongest Survivors Among 'Magnificent Seven' Amid AI Market Volatility
Amid recent tech sector volatility and concerns about an AI bubble, Alphabet and Apple have outperformed other major tech companies in the 'Magnificent Seven' group. Over the past three weeks, Alphabet's stock rose by 6.6% and Apple's by 0.4%, highlighting their resilience and potential to thrive despite market corrections. Alphabet notably increased its 2025 AI spending estimate to $91-$93 billion, signaling strong commitment to AI investments.