- Investor's Business Daily
Magnificent Seven Stocks: Nvidia Stock Slides From Record Highs; Amazon Retakes Key Level
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the middle part of the second quarter of 2024 showed a big divergence of returns.
- Barrons.com
Nvidia, Microsoft, OpenAI Face Antitrust Probes: Reports
The Department of Justice and Federal Trade Commision are reportedly launching investigations into the tech companies. The scrutiny could continue even if Donald Trump is elected again.
- Barrons.com
Microsoft, Apple, and Nvidia Dominate the S&P 500 Like No Trio Ever Has
“Narrow leadership like now happens from time to time but it never lasts,” said Sean O’Hara, president of Pacer ETFs Distributors, a fund provider with $45 billion in assets under management. Nvidia rose 5% Wednesday and is now up more than 150% this year. The Nvidia rally has picked up steam in recent weeks because the company’s stock is set to split 10 for one at the end of this week.
