Business & Economy
The economist who coined the phrase ‘Magnificent 7’ says the very thing that made them extraordinary is under threat
“Let’s not forget that the Mag Seven, the hyperscalers, whatever you want to call them, part of the reason to say they’re magnificent is because they made magnificent amounts of cash and didn’t spend any of it. ”
Summary
“Let’s not forget that the Mag Seven, the hyperscalers, whatever you want to call them, part of the reason to say they’re magnificent is because they made magnificent amounts of cash and didn’t spend any of it.”
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