Split ROI on Mag 7 AI Investments?

Shay Boloor joins Market on Close to discuss the different directions some of the Mag 7 stocks are going after announcing another quarter of massive AI spending. He points to positive verticals for Alphabet (GOOGL) saying that "search is not dead" with Google owning a fully connected ecosystem from TPUs to its consumer software offerings. Shay admits he's confused by market reaction to Meta Platforms (META) adding it could be a signal of some distrust in Mark Zuckerberg & Co. after a $10B CapEx hike above expectations.

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