Miner Company
4 Ways Market Dynamics Are Changing In 2026
The Magnificent 7's momentum has faded in early 2026 after being the key driver of the market rally since late 2022. Hyperscalers like GOOG, AMZN, META, and MSFT are nearly doubling AI infrastructure capex to just under $700 billion in FY2026, sharply reducing free cash flow.
The Magnificent 7's momentum has faded in early 2026 after being the key driver of the market rally since late 2022. Hyperscalers like GOOG, AMZN, META, and MSFT are nearly doubling AI infrastructure capex to just under $700 billion in FY2026, sharply reducing free cash flow.