Amazon's stock just entered a bear market. This ‘Magnificent Seven' name could be next.

Core Viewpoint - Investors are strongly opposing the aggressive artificial intelligence spending plans of Big Tech, leading to a significant decline in the shares of the "Magnificent Seven" companies [1] Group 1 - The "Magnificent Seven" refers to a group of major technology companies that are heavily investing in artificial intelligence [1] - The pushback from investors has resulted in a dramatic fall in the stock prices of these companies [1]