Magnificent 7
The Magnificent Seven’s Fall from Grace: How Oil Spikes and AI CapEx Fears Toppled Tech Giants
The narrative of the American stock market took a dramatic turn in early 2026 as the "Magnificent Seven" technology leaders—once the untouchable engines of global growth—descended into a collective slump. As of April 7, 2026, a "perfect storm" of geopolitical instability in the Middle