By: Editor:For years, shareholders have grown accustomed to the Magnificent Seven delivering market-beating gains. But last year, five of those seven companies — Amazon, Apple, Meta, Microsoft and Tesla — uncharacteristically trailed the S&P 500. “We’re also now talking about spending priorities still accelerating in the aftermath of that peak cash flow,” Adams says. “And I think that’s an important combination that is only going to continue.”AI spending has been a focal point for the Magnificent Seven. For the Magnificent Seven, that could mean re-establishing their worth to an increasingly skeptical investor base.