Thomas Hayes Says Sell the Rip in Chip Rallies, Were in AIs Fifth Inning [CQuXOhUdx6o]
The Mag 7 becoming the Lag 7 is the mantra many have adopted in recent weeks, including Thomas Hayes, who shares concerns around free cash flow after it turned negative for Alphabet (GOOGL) and Tesla (TSLA). His worries extend to the overall AI chip and memory space, making the case that investors should "sell the rip" in rallies. Thomas adds that you should keep an eye on defensive stocks and sectors as volatility continues. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - Download the iOS app - Download the Amazon Fire Tv App - Watch on Sling - Watch on Vizio - Watch on DistroTV - Follow us on X – Follow us on Facebook – Follow us on LinkedIn - About Schwab Network - #google #ai #mag7 #economy #finance #investing #marketnews #stock #stockmarket #trading #live #schwabnetwork #googl #alphabet #bigtech #tesla #tsla #microsoft #msft #metaplatforms #meta #amazon #amzn #apple #aapl #earnings #freecashflow #capex #ai #artificialintelligence #datacenter #software #cloud