Money
Mag 7 Tech Giants Now Down Year to Date Despite Market Strength
Forward Guidance
Policy Intervention Is Keeping The Bull Market Alive | Weekly Roundup
What was said
"The Mag 7 ETF is down year to date versus like NASDAQ Q's X Mag 7 is up 12% year to date. Like despite everything that they're doing, like the Mag 7s are actually red year to date."
Hosts reveal that contrary to popular perception, the Mag 7 tech companies are underperforming the broader NASDAQ and are now negative for the year. They attribute this to massive equity issuance for AI buildouts, with Google issuing $80 billion and Oracle $40 billion, creating the first net positive equity supply in over a decade after years of buybacks.
Verification status
Attributed speaker claim
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
Source and context
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
- Programme
- Forward Guidance
- Episode
- Policy Intervention Is Keeping The Bull Market Alive | Weekly Roundup
- Clip time
- 22:33
- Original source
- Watch the source segment →
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Forward Guidance