Billion-Dollar Loop: Is Big Tech Paying Itself To Power The AI Boom?
2025-10-31 15:05:00 ET
Investors have been grappling with a multitude of potential headwinds, including trade tensions, economic uncertainty and a lack of U.S. data as the government shutdown continues. Phil Davis, founder of PhilStockWorld.com, explains why investors should also be paying attention to a capex loop emerging between the big Magnificent 7 companies that he believes isn’t sustainable....
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Billion-Dollar Loop: Is Big Tech Paying Itself To Power The AI Boom?NASDAQ: FXL
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