The Mag 7 earnings circus is textbook retail FOMO while smart money follows a completely different playbook. Everyone's drunk on AI fairy tales, but institutional flows are screaming a reality check. Take WMT — sitting pretty on in annual revenue with bulletproof net margins, yet it's invisible to the hype machine. Compare that to AAPL's nosebleed valuations despite ] quarterly growth momentum and a debt mountain crushing in cash flow.

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