Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.
The much-discussed group is made up of Apple, Amazon.com, Alphabet, Microsoft, Meta Platforms, Nvidia, and Tesla. Tesla stock was down 4.5% on Tuesday; Microsoft stock was down 1.7%; Alphabet stock was down 1.1%; Nvidia stock was down 0.9%; Amazon stock was down 0.8%; Apple stock was down 0.2%; Meta stock was hovering around breakeven.
AXT's (AXTI) first-quarter 2024 performance is likely to reflect benefits from increasing demand in indium phosphide and gallium arsenide substrates.