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.
In a wide ranging conversation with Goldman Sachs' David Solomon, Nvidia CEO Jensen Huang addressed the potential of AI, Nvidia's business, and more.
One of investors’ biggest concerns is the health of the technology sector, specifically artificial intelligence.