Behind the Mag 7: Where the AI money is really going now!

In early May 2026, the largest technology companies in the world released their quarterly figures – and with them a number that leaves even seasoned analysts in awe: $710 billion will be jointly invested by Alphabet, Amazon, Microsoft , and Meta this year in data centers, chips, and AI infrastructure. Just a few weeks ago, the consensus was at $650 billion. The stock market reacted mixed: While Alphabet gained, Meta, Microsoft , and at times Amazon lost ground. Wall Street demands visible return on investment, no more promises. The true beneficiaries...