Sitting out the capex race is now the trade that works: the only Mag 7 name beating the index this year is holding back its cash flow from AI buildouts.
Apple is now the only Mag 7 stock that is outperforming the S&P 500 this year. Why? It generates more free cash flow than any other Mag 7 company while largely avoiding the AI spending binge that is draining its hyperscaler peers. Video: https://t.co/WUvO57pung https://t.co/p8qzENDyaG
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