The Magnificent Seven haven’t all lived up to their billing, but that hasn’t stopped the tech stocks from becoming even bigger relative to the rest of the S&P 500 Index.
Magnificent Seven Influence Over S&P 500 Has Never Been GreaterUS Plans Chips, Nickel Deals in Philippines as Defense Ties GrowSamsung to Unveil $44 Billion US Chip Push as Soon as Next WeekBharti Hexacom Set to Debut After India’s Biggest IPO in a YearAsia to Open Mixed as Tech Rally Lifts US Stocks: Markets WrapPolish Finance Minister Urges Prosecutors to Scrutinize OrlenChina Vows to Tighten Stock Market Supervision to Control RisksKorea’s CJ Said to Revive Sale of $2 Billion Animal Feed...
Colombia’s Debt With IMFChina to Build More Coal Mines to Feed Surging Power CapacityEx-Philippine Leader Duterte Slams US, Marcos in Chinese MediaBiden Plans Sweeping Effort to Block Arctic Oil DrillingKazakhstan Ends Longest Easing Cycle With Eye on Price PressuresUS Plans Chips, Nickel Deals in Philippines as Defense Ties GrowChinese AI Mogul’s Wife Admits to $21 Million of Secret TradesAsia to Open Mixed as Tech Rally Lifts US Stocks: Markets WrapUK Economy Grows for a Second Month After...
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Cutting through the Noise: Don’t count on the Magnificent Seven staying magnificent foreverThe Mag 7 have grown to be so big, and the trend has gone on so long, that their influence has played an important role in how investors’ portfolios performed
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Markets today: 'Magnificent Seven' power AI-driven stock reboundTech giants led gains in stocks at the start of a week that will bring a raft of central-bank decisions from the U.S. to England and Japan.
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Fracturing ‘Magnificent Seven’ trade puts spotlight on megacap valuationsInvestors last year were happy to pay up for the megacaps, given the companies’ solid balance sheets and dominant positions atop their industries but they have been more discriminating this year
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Meta trades at a discount to Magnificent Seven after US$1 trillion AI rallyMeta Platforms Inc.’s record-breaking, artificial intelligence-fueled rally has added US$1 trillion in market value since its darkest days of 2022, and yet by some perspectives it’s still trading at a discount.
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AI Will Suck Up 500% More Power in UK in 10 Years, Grid CEO SaysElectricity demand from UK data centers will jump sixfold over the next 10 years as a boom in artificial intelligence requires increased computing power, according to the head of National Grid Plc.
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Trump’s Net Worth Hits $6.4 Billion, Making Him One of World’s 500 Richest PeopleDonald Trump’s business empire was supposed to be in peril like never before on Monday. Instead, it turned into the single-greatest day on record for the former president’s wealth.
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