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These stats are intriguing, particularly the debt figures—TSLA's debt seems questionable, and Earnings Per Employee stands out for MSTR.

Anyhoooo - it's plausible that AI could negatively impact some Magnificent 7 stocks, while BTC continues its upward trend. Are we witnessing the emergence of a Magnificent 8?

Note that MSTR earnings are on May 1st. The recent relative strength often signals a post-earnings sell-off.

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K

When FASB accounting???

Pascal Costa

I'd love to see James do a MAG7 analysis in terms of future competitiveness / potential with regards to AI and macro changes. It's quite difficult to understand which companies stand a chance and which ones don't. Google for example is surely a good candidate for embracing AI and innovating with it. However, their core business - ad income - is under massive threat.

FLP

Agreed! I'd love to see the back-bench to the Mag-7. Who are the Top 3 competitors in the mid-market rising through technology to put pressure on the Mag-7??