'Magnificent 7' tech stocks - including Tesla and Nvidia - now dominate

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Forget FAANG and GAMMA, the 'Magnificent 7' tech stocks - including Tesla and Nvidia - now dominate the market

Tesla shares have surged since late April

The so-called Magnificent 7 are now the largest seven US-listed companies - although some strategists worry that could spell doom for the broader market. "If interest rates go to 7%... then that becomes bad news for the whole market," she added, referring to the fact that growth stocks tend to suffer the most when borrowing costs rise.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia, AMD stocks fall on report of new AI chip bans from Biden administrationShares of Nvidia Corp. and Advanced Micro Devices Inc. slumped in the extended session Tuesday following a report that the Biden administration is...
Source: MarketWatch - 🏆 3. / 97 Read more »

Nvidia, AMD stocks fall on report of new U.S. ban on AI chip exports to ChinaShares of Nvidia and Advanced Micro Devices slumped in the extended session Tuesday following a report that the Biden administration is considering a new ban on sales of AI chips to China.
Source: MarketWatch - 🏆 3. / 97 Read more »

Nvidia, AMD stocks hit by reported China chip ban, and other stocks on the moveNvidia and AMD were among chip stocks falling on Wednesday, while Overstock, Blue Apron and AeroVironment were also active.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves before the bell: General Mills, Nvidia, AMD and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »