🟢 [E1078] Kevin's podcast argues MAG7 FCF forecasts have collapsed even as NTM EPS keeps rising, driven by insane AI datacenter capex boom now funded by unprecedented debt. Big Tech plans $660bn on AI this year, 60% rise from $410bn in 2025. Amazon capex $200bn this year, $50bn above expectations. Microsoft down 18% since results with 45% of $625bn cloud backlog tied to OpenAI.