Magnificent 7 Stocks Add Over $1.5T in Market Cap
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Reuters |
The "Magnificent Seven" stocks amassed more than $1.5 trillion in market value on Wednesday after U.S. President Donald Trump paused his sweeping tariffs for 90 days, easing pressure on tech giants t...
Reuters |
Global equities long/short hedge funds missed out on most of Wednesday's massive rally in U.S. stocks, triggered by President Donald Trump's pause on some tariffs for 90 days, but managed to limit the...
The Baltimore Sun |
“Did anyone buy or sell stocks, and profit at the public’s expense?” Sen. Adam Schiff, D-Calif., wrote in a post on BlueSky.
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Using the TipRanks’ Stock Comparison Tool for Magnificent 7 Stocks, analysts see the greatest upside in NVDA stock forecast, projecting a potential gain of almost 82%. Amazon follows with a forecasted 57% upside. Despite a neutral outlook on Tesla, analysts still expect 36% growth, largely driven by the stock’s recent slump.
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Bitcoin could hit $250,000 as early as this year, Cardano blockchain founder Charles Hoskinson told CNBC’s “Beyond The Valley” podcast.
The chart of the day What we're watching What we're reading Economic data releases and earnings Even before the stock market strapped into the tariff roller coaster, Big Tech was on a bumpy ride. The start of the year coincided with an unwinding of the AI trade.
The Magnificent Seven declined on Monday, capping off the worst month and quarter on record for the group of big tech stocks that account for more than a quarter of the S&P 500's market value.
The Magnificent Seven stocks all fell sharply during that period. Four of them -- Nvidia, Meta, Amazon, and Tesla -- saw tumbles of 50% or more at one point from where they were at the start of 2022, while Microsoft and Apple slid more than 25%, and Alphabet was down by more than 40%.
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The Magnificent Seven's $1.6 trillion wipeout underscores how dependent the group of once-highflying tech companies are on free trade. Five of the seven earn the majority of th
That was the largest one-day loss of valuation on record for the group, according to Dow Jones Market Data — easily eclipsing the $758.7 billion previous record set on March 10. Apple Inc. AAPL itself also saw a record market-cap drop, amounting to $311 billion.
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While the "Magnificent Seven" stocks have been some of the best investments over the past few years, they've been poor performers in 2025. Investors are moving their money from stocks they deem risky to either cash or safer investments,
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24/7 Wall St. on MSNLive: Magnificent 7 Stocks Apple (Nasdaq: AAPL) and NVIDIA (Nasdaq: NVDA) Slide on TuesdayLive Updates Live Coverage Has Ended Another Red Day Tomorrow? 10:40 pm by Eric Bleeker A late night check-in doesn’t provide much joy as the Nasdaq is trading another 100 points down in after-hours trading.
In recent years, a significant portion of the stock market’s returns have been driven by just a handful of companies that have come to be known as the “Magnificent 7.” These seven companies ...
'Magnificent Seven' earnings will suffer more than the rest of S&P 500 from global trade war: Apollo
The so-called Magnificent Seven group of highflying mecacap tech stocks stands to suffer more from a global trade war than the rest of the S&P 500 because a bigger share of their earnings come from abroad,