Most Magnificent Seven tech stocks have underperformed the S&P 500 (^GSPC) so far this year, and the tech sector is attempting a recovery from a lackluster...
) so far this year, and the tech sector is attempting a recovery from a lackluster third quarter. The Magnificent Seven is currently comprised of Meta Platforms as an example, explaining,"At one point during the year, people thought that Meta would have Q4 growth rates in the mid-single digits. Now, that number is closer to 20%. And why is that? That's because they've been able to use AI to get a lot better targeting in their core advertising business.
You know, some of them are much more Internet focused, and obviously NVIDIA is more hardware and software focused. And I expect that to continue over the medium term, given how well most of them are positioned for a I.So if you look at them on a peg basis, they're actually in line or cheaper.But this divergence away from them makes sense, given the EPS acceleration, deceleration dynamics we're seeing Can I ask you do as this kind of mega A I trend plays out.
Like, uh, you know, we we still it It still doesn't quite answer the question of What are they gonna do with all of this?Yes, it's gonna benefit the likes of NVIDIA.And so Well, you know, I, I think we're still We still don't have the clear line of sight to that, Do we?I'd probably go to join that start up very quickly, right?And I think it's likely in voice, right.
Boeing is examining options to raise billions of dollars through a sale of stock and equity-like securities, two sources familiar with the matter said, as the planemaker tries to avoid slipping in to junk territory on its credit ratings. In the past few weeks, Boeing has received pitches from investment banks, including Goldman Sachs, JPMorgan, Bank of America and Citigroup, suggesting various fundraising options, according to four sources familiar with the matter.
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