Axon(AXON) Finbold·2025-04-13 17:15Core Viewpoint - Investment strategist Shay Boloor has identified a "new Mag 7" of AI-driven companies poised to shape the digital economy over the next decade [1][3]. Group 1: Original Magnificent Seven - The original Magnificent Seven includes dominant U.S. tech giants: Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla, known for their significant market influence and leadership in AI [2]. Group 2: New Mag 7 Companies - Tesla (NASDAQ: TSLA): Transitioning from an EV company to a provider of a "fully integrated real-world AI loop," combining software, hardware, and energy infrastructure. Tesla's Full Self-Driving technology and projects like Optimus are central to this vision. However, it faces challenges such as declining sales and increased competition, with a stock value of 88.55, up 17% year-to-date [7][8]. - Snowflake (NYSE: SNOW): Addressing data liquidity issues in the AI economy with its Data Cloud, enabling real-time data federation. Snowflake's role is crucial as AI transitions from experimentation to production, with a stock value of 144.96, down 7% year-to-date [13][14]. - Cloudflare (NYSE: NET): Distributing compute to the edge, enabling low-latency applications for AI. The stock has dropped 5.5% year-to-date to 567, down nearly 5% year-to-date [19][20]. - Databricks: A private firm that streamlines AI development by eliminating silos between engineering and operations, allowing for faster and more efficient AI deployment [21][22].