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TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealThe influence of Artificial Intelligence on every aspect of our society is undeniable with many popular tech now having AI features. That’s why these AI-enabled smart glasses. They offer a great way to be productive on the go, and thanks to Amazon, they’re currently very affordable.The Kwenrun ChatGPT AI Smart Glasses are on sale for only $18. These glasses have all the bells and whistles you could want in ai-enabled smart glasses, but without the over-inflated price.Kwenrun ChatGPT AI Smart Glasses, $18 (was $20) at Amazon

Courtesy of Amazon

Shop at AmazonWhy do shoppers love it?On the surface, these are just simply great glasses. The design is modern and stylish, and they’ll surely match with any outfit you pair them with. They include color-changing photochromic lenses. That means the moment you step out into the sun, they will change from standard clear glasses into dark sunglasses. The clear lenses are designed to block frustrating blue light while the sunglass mode protects your eyes from dangerous ultraviolet light. As for the other hardware aspects of the glasses, you’ll want to listen up. That’s because they have dual built-in stereo speakers in the stems. The glasses also include Bluetooth 5.4 connectivity for flawless phone calls when connected to your smartphone, 10 hours of battery life, and a USB-C charging port for easy integration with a number of different chargers. While all this hardware is impressive, it’s the software in the glasses that’s the real star of the show.They have full AI-integration with a ChatGPT-powered personal assistant feature. Not only can you access all of the knowledge of the internet in a split second, but there’s an even more practical function that the glasses deliver. It has a full translation option, which allows you to translate conversations realtime so you can speak with just about anyone on earth. It supports 98% of the world’s languages, so you’ll literally never be at a loss for words again.Related: Amazon’s $66 Android tablet has AI-enabled theft protectionDetails to knowConnectivity: Bluetooth 5.4 capable.Lenses: Photochromic color changing sunglass lenses.Software: ChatGPT-enabled personal assistant.Color: Black.Amazon shoppers were very pleased with these glasses. One said “this is a must-get. I wear them for work and I love it. Quality of sound is great.” Many other buyers touted the ease of use for the AI function as well.Shop more deals Jacuate Bluetooth Audio Smart Glasses, $30 at AmazonMneovq Translation Smart Glasses, $20 (was $23) at AmazonThe Kwenrun ChatGPT AI Smart Glasses are ideal for anyone who wants to have all the knowledge of the internet at their disposal 24 hours a day. However, this is such a great deal, even at regular price, that these glasses are likely to sell out. You may be best served to buy them now rather than waiting until later.

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TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealShoppers may differ when choosing silver or gold in jewelry, but one thing is clear, gemstones are always a big winner when you want your accessories to truly shine. Not only do they add a magnificent pop of color to a necklace, bracelet, ring, or earrings, but depending on the color of the stone, they can get the light in really unique ways that reflect a warmer or cooler shine that looks really stunning. And while those gemstones can certainly come at a cost, Macy’s latest deal on a pair of the Macy’s Sapphire and White Topaz Earrings can help you see that difference first hand for a super affordable price.The $675 earrings are on sale for 77% off, meaning you save $519 and can get a pair of your own for just $156. Totaling three carats of stones, that’s an incredible deal that certainly won’t be in play for long, so hurry now to add a pair to your cart and soon your jewelry collection. Macy’s Sapphire and White Topaz Earrings, $156 (was $675) at Macy’s

Courtesy of Macy’s

Shop at Macy’sWhy do shoppers love it?Petite in size, measuring only about 7/16-inches in diameter each, these earrings use two gems to deliver a gorgeous earring with a pop of color. The focal point of the earring is the emerald-cut rectangular sapphire stone which for both earrings, totals about one carat. Surrounding those precious sapphire stones is a geometric halo of white topaz baguettes that are also rectangular in shape although much smaller. They are positioned vertically and horizontally in the silver earring setting, and the unique shape of them as well as the circular arrangement really makes the sapphire stones pop. In total for both earrings, the white topaz stones equal about two carats. The earrings themselves in addition to the gemstone studs are made with sterling silver. Far stronger than pure silver because they have a tiny percentage of copper and other metals to ensure durability, they are great for everyone, especially those with sensitive skin since the metal is nickel-free and less likely to cause irritation. They give the earrings a timeless look, and although sterling silver can tarnish or darken overtime, it’s nothing that can be easily remedied with a swipe of a polishing cloth. Related: Walmart is selling Swarovski crystal earrings for just $18With a post back closure, the earring is fastened onto the lob using a back slide or screw that slides onto the earring post and locks it in place for the period of wear. Details to knowMaterial: Sterling silver, sapphire, and white topaz.Dimensions: 7/16-inch in diameter.Carats: The earrings have one carat of Sapphire and two carats of white topaz. Back: Post back closure. Because the gemstones have been treated to enhance their beauty, they require special care and upkeep. As always, Macy’s offers free in-store jewelry cleaning at participating locations which can help keep them looking pristine even after lots of wear. And if you like the design so much, then you’ll love learning that Macy’s sells a matching Sapphire and White Topaz Pendant Necklace as well which is 74% off its $525 original price right now as well. Shop more deals Macy’s Rope Edge Cultured Freshwater Mabe Pearl Stud Earrings, $80 (was $250) at Macy’sBelle de Mer Cultured Freshwater Drop Pearl Earrings, $64 (was $201) at Macy’sMacy’s Green Quartz Stud Earrings, $68 (was $194) at Macy’sEveryone enjoys pretty things, and the Macy’s Sapphire and White Topaz Earrings are some of the prettiest pieces of jewelry we’ve seen to date. There’s no way we’d pass up the chance to get such high-quality stones for just $156.

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The ‘Magnificent Seven’ stocks spent years convincing investors that their tremendous AI spending would translate into sustainable growth, powerful cash flows, and fatter valuations.That assumption is now up against a major test.Wall Street has largely treated hyperscaler spending as a powerful long-term growth engine, but Bank of America strategist Michael Hartnett just flagged a major risk that could test how much investors are willing to pay for the AI trade.The contrast is becoming incredibly tough to ignore. Stock markets remain somewhat resilient, but parts of the credit market are flashing more caution around AI spending. That said, BofA now sees one major market signal as critical to the Mag 7’s ability to shrug off that threat.

Bank of America warns cheaper Chinese compute could challenge Magnificent Seven stocksAnnabelle Chih/Bloomberg via Getty Images

Why BofA sees a critical test for the Magnificent SevenAccording to Seeking Alpha reporting, Hartnett just identified what needs to keep working for the AI trade to remain credible.More AI:Nvidia just made a move Wall Street wasn’t ready forMicrosoft just took sides in AI policy fightOpenAI just disclosed something genuinely alarmingHe zeroes-in on the Roundhill Magnificent Seven ETF (MAGS), holding around $70, turning the ETF into a confidence gauge. If the group can maintain pricing strength despite concerns about cheaper Chinese compute, it suggests investors are still buying into the long-term AI CapEx story.For now, though, it seems markets are becoming a lot less comfortable with that assumption.Credit spreads and credit-default swaps linked to AI hyperscalers are moving in a far more cautious direction. He pointed to two major signs, including rising U.S. investment-grade tech credit spreads and Oracle’s (ORCL) five-year CDS, as evidence that credit investors are growing increasingly cautious about the AI infrastructure trade. Though stocks are still rewarding the AI story, credit markets are beginning to question its cost.Cheap Chinese computers add a major dynamic to that layer. If increasingly capable AI can be developed and operated at significantly lower costs, U.S. hyperscalers will need to justify why hundreds of billions of dollars in annual capital spending is necessary. For investors, the biggest risk might therefore be valuation compression instead of an immediate earnings collapse. If we see confidence in the CapEx cycle weaken, investors might demand lower multiples before sales or earnings materially deteriorate.The key signals to watch are MAGS price strength, hyperscaler cash flow and buybacks, and credit spreads.If stocks are depressed while credit stress continues rising, the market could be starting to question the economics behind the AI boom, not merely its near-term growth rate.Why is cheap Chinese compute a threat to the AI capex boom?Chinese AI developers are showing they can deliver highly capable models using cheaper hardware, more efficient architectures, and dramatically lower inference costs. The issue is that it runs counter to one of the assumptions underpinning the U.S. AI boom, which entails that better AI will require ever-larger amounts of expensive computing infrastructure.DeepSeek first exposed that flaw in early 2025. CNBC reported that its V3 model was developed using less-advanced Nvidia H800 chips, citing training costs of under $6 million. The reaction was immediate, with investors questioning whether U.S. companies really needed to shell out billions in building the AI ecosystem.Consequently, according to CNBC, Nvidia dropped nearly 17% on Jan. 27, 2025, wiping $593 billion from its market value in a single session. That threat has only gotten more tangible over time. DeepSeek’s new V4-Flash costs just $0.14 per million input tokens and $0.28 per million output tokens, according to Artificial Analysis data reported by Reuters. Even though it was remarkably cheap, the model was much more competitive than more expensive systems, including Alibaba, Z.ai, Moonshot, and ByteDance.So if businesses can achieve similar AI performance with far fewer GPUs or cheaper models, the economic return on those billions of dollars becomes much less certain. There’s clearly a ton of financial pressure involved already.Big Tech’s AI buildout is now up against a major cash-flow problem, while Microsoft, Meta, Oracle, Amazon, and Alphabet have collectively written down nearly $1.09 trillion in future lease payments, much of it tied to data centers, according to Reuters.Moreover, credit markets are noticeably more cautious, with Oracle’s five-year credit-default swaps trading around 200 basis points, compared with nearly 53 basis points for a broader investment-grade CDS index, according to Reuters.There’s the counterargument, too, though, which entails that cheaper AI could raise compute demand. Yahoo Finance reports that Microsoft CEO Satya Nadella made that argument following the original DeepSeek shock, arguing that greater AI efficiency will drive significantly more demand.So far, we haven’t seen the U.S. hyperscalers respond by slashing spending. Case in point: Amazon recently raised its 2026 capex forecast to $220 billion, citing healthy AWS demand and ongoing capacity constraints, according to the Financial Times.What are the Magnificent Seven stocks? The “Magnificent Seven” refers to seven of the most powerful U.S.-listed companies that have become the most prolific stocks in the S&P 500.Their influence is down to their sheer size, top- and bottom-line strength, and exposure to trends such as AI, cloud computing, and digital advertising.According to Reuters, the term was coined by Hartnett in May 2023, a nod to the 1960 Western The Magnificent Seven. These seven stocks have created tremendous wealth in the stock market.According to NYU finance professor Aswath Damodaran, their combined market capitalization jumped by $5.1 trillion in 2023 alone. That accounted for over 50% of the increase in the value of the entire U.S. stock market that year. Moreover, a separate FTSE Russell report showed their combined market value jumping another 43.5%, from $9.2 trillion to $13.2 trillion, over the year through April 30, 2024.The Magnificent Seven are:Nvidia (NVDA) — $5.424 trillion.Apple (AAPL) — $4.572 trillion.Alphabet (GOOG) — $4.322 trillion.Microsoft (MSFT) — $3.712 trillion.Amazon (AMZN) — $2.960 trillion.Meta Platforms (META) — $1.508 trillion.Tesla (TSLA) — $1.297 trillion.
Source for market caps: CompaniesMarketCap, as of Aug. 7, 2026.
How does MAGS’ performance stack up against its risk? The Roundhill Magnificent Seven ETF has slowed significantly compared to its lofty year-over-year gains, according to Seeking Alpha.The ETF has gained 4.82% over the past week and 4.38% over one month, outperforming the S&P 500’s 3.57% and 3.38%, respectively. However, things look a lot shakier over a six-month period, with the ETF posting a 9.55% gain compared to the broader market’s 12%.Longer-term, however, Roundhill has been a massive money spinner, surging 121% over three years compared to 71.7% for the S&P 500, according to Seeking Alpha data. It’s important to note, though, that the MAGS carries a higher-than-average risk profile, with its holdings heavily concentrated in a small group of stocks.Nearly 96% of its assets sit in its top 10 holdings, double the typical ETF level of 45%. Its annualized volatility of 22.2% is also well above the ETF median of 14.1%, underscoring larger price swings. Moreover, its standard deviation is elevated at 24, compared to the ETF median of 13, reinforcing that MAGS can move much more sharply than the average ETF. Related: Warren Buffett keeps pointing at the same ETF for a reasonAI lows are in — here’s how to position before the next rally (15:13)

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealNew bedding is always a treat. It’s the perfect way to refresh your bedroom, and when it’s affordable? Even better. Macy’s is having a massive sale on a lot of its bedding sets, and it’s a great time to upgrade not just your primary bedroom, but your guest room as well.The Belvedere Reversible 8-Piece Comforter Set caught our attention, not just for its deep discount, but also because of its design. The eight-piece bedding set has a regular price of $100, but with 65% off during a limited-time special, it’s only $35. The sale applies to every size, from twin to king, so you can score this deal for every bedroom in your home without having to pay more. Belvedere Reversible 8-Piece Comforter Set, $35 (was $100) at Macy’s

Courtesy of Macy’s

Shop at Macy’sWhy do shoppers love it?This eight-piece comforter set comes with practically everything you need to make over your bed. Full, queen, and king sets come with a comforter, two shams, two pillowcases, a bed skirt, a flat sheet, and a fitted sheet, and the twin set comes with one less sham and pillowcase, making it a six-piece set.The comforter comes in a beautiful lavender color scheme, with a medallion pattern on one side and a solid color on the other. The pattern features diamond-like shapes, giving any bedroom a sophisticated look, while the other is still vibrant in color but simpler in design. Plus, it’s machine washable, which makes it easy to clean.Related: Walmart’s hotel-grade down-alternative comforter is only $27Details to knowSizes available: Twin, full, queen, and king.Material: Polyester.What does it come with?: One comforter, two shams, two pillowcases, one bed skirt, one flat sheet, and one fitted sheet. This Macy’s comforter set won shoppers over for its softness, design, and weight. One reviewer said it’s “very soft,” and another said it’s “so comfortable to lie on.” Customers said the design is “stylish,” highlighting the light lavender color and the diamond pattern.Reviewers also noted how lightweight the comforter is. “The weight is light and allows air to flow while you sleep without you overheating,” a shopper said. That makes it a great option for summer and warmer weather. But if you want to use it year-round, you can layer it with extra blankets to get an extra-cozy feel.Shop more dealsAmeena Reversible 8-Piece Comforter Set, $30 (was $100) at Macy’sIsabella Reversible 8-Piece Comforter Set, $35 (was $100) at Macy’sPatchwork Reversible 3-Piece Comforter Set, $25 (was $80) at Macy’sMacy’s has a lot of solid bedding options to choose from, and the Belvedere Reversible 8-Piece Comforter Set is one of them. With a sale price of only $35, it’s an incredible deal for the value, and you can use it in both primary and guest bedrooms. However, since it’s a limited-time deal that’s only running until Wednesday, August 12, you’re going to want to add it to your cart before it’s gone.

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