The Dow Jones struggled to stay ahead while the S&P 500 fell on the stock market today. A drug stock shook up its peers on trial news.
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the third quarter of 2024 showed their returns diverging and the whole group came under selling in recent weeks before rebounding.
A former Snap engineer who worked on designing previous versions of the glasses, slammed the product in a post on X this week.