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4 hours ago · The Magnificent Seven stocks are much more sedate with smaller gains. The Roundhill Magnificent Seven ETF (MAGS) is only up a little over 1%. The Magnificent Seven hames have been losing momentum recently as there has been increased rotation into small-caps and secondary stocks. We'll see if they can regain some traction, but the AI story is ...
1 hour ago · The rest of the Magnificent Seven stocks have been buying Nvidia's wares handover first. Tesla ( TSLA ), for instance, spent a significant portion of its total earnings on GPUs.
16 hours ago · The combined market capitalization of the "Magnificent Seven" stocks alone is $14.2 trillion. For context, the market cap of the entire S&P 500 just 11 years ago was $14 trillion.
16 hours ago · 6. Alphabet: Average annualized 10-year return of 21.1%. Alphabet (NASDAQ:GOOG) is another tech behemoth, owning Google search and YouTube. The company’s cash cows are Google, the number-one search provider, and the video and streaming platform YouTube. In fact, Google Services generates almost 90% of its revenue.
16 hours ago · The Biden administration doesn’t want the dominant cash-rich tech giants or the “Magnificent 7” to grow even bigger. Amazon’s US$8.5 billion purchase of MGM Studios, which co-owns among other things the James Bond franchise, was initially allowed but regulators are now having second thoughts.
16 hours ago · Destination highlights include Valletta, Mykonos, Naples, Santorini and Florence, with excursions to Pompei, Delos and a family-run farm near Sorrento, on the Amalfi coast. A 10-night ...
16 hours ago · Publish date: Thu, 23 May 2024, 08:12 AM. -Amazon.com investors voted against all 14 resolutions that asked the retailer to disclose more about its carbon emissions and its directors' donations, and to form a committee to oversee artificial-intelligence development, among other issues. Amazon announced the preliminary vote at its annual ...
