Warnimont: Mag 7 Earnings to Open Curtain on A.I. Spend, Market Breadth Needs to Grow

Ahead of Alphabet's (GOOGL) earnings, Craig Warnimont talked about the extensive focus it and other Big Tech firms will place on A.I. and data center spending. He says tax benefits help justify businesses spending tens of billions of dollars. Craig adds that all Mag 7 earnings should be treated independently, though guidance will play a big role for all of them. However, as high-growth stocks take a breather, the rest of the market needs to pick up the slack.

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