All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG
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A bunch of the magnificent seven companies were in the red. But you got to put this in context. NASDAQ and S&P still up around 15% for the first half of the year. Record-setting territory. Obviously, if that holds up or increases... There's a lot of theories about this that people are rotating out of the Mag7 tech stocks, which were a place that maybe got a little overheated with the AI bubble.
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