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All right, now time for some of today's trending tickers, a few mag seven stocks under pressure here like Nvidia, Tesla, Amazon and Microsoft, in the red and today's trade. So Christine, you look at these mag seven names and obviously, they were the place to be and now they've come under pressure. Nvidia, I'm just pulling back the chart, Nvidia's down about 20% year to date, same with Alphabet, Microsoft's down around 10% so far this year. Different themes puts and takes there, I mean you know that sort of mega AI trade and trend seems to have lost some momentum, so maybe some of that some some deep seek creeping in there, maybe some concerns about slowing economy, but what do you make of it?

Yeah, they're they're really trying to, you know, go back to that meteoric rise we saw last year, but it just hasn't happened for many of these names thus far. It's interesting though, like I said the base case for many of them hasn't changed much. I think you're seeing investors react this way because there is that move from the growth, which used to be the safe haven, right? Last year it was like these names were like being in gold, it was like you knew they were going to, you could do no wrong if you invested in these, right? Now we're seeing that pull back and moving to some more of the defensive names, but if you look at like comments from CEO Jensen Huang of of Nvidia, if you look at Blackwell, you know, orders so far this year over 3.6 million, so seems like the demand is still there. Uh looking ahead to some of the earnings expectations, Q1 was still very strong for many of these names, particularly Nvidia, Amazon, looking at earnings growth of uh 40% year over year. So some strong numbers uh still there, but yeah, like you said it's it's certainly not what we saw last year and I think if you're doing that year-over-year comparison it looks a little bleak. The AI trade not as strong as it was last year, but to bring it back to that word uncertainty, it's that investors are just not sure where these are going to go based on policy that's coming forth, based on, you know, consumer demand, and so there's a bit of a wait and see here.

Yeah, it is interesting to look at the Chinese tech with the K-Web which is up like 20% this year. So mag seven under pressure, but not all tech here.

And a lot of those those mag seven CEOs said, look, this is better, deep seek, the fact that they can do less with more and lower the cost is good for all of us. And then you saw meta, you saw Alphabet come out and increase their AI spending for this year. I'm just kind of doubling down and not sort of afraid of the emergence of deep seek, but just running with it. This is best for the entire industry.