Cracks are forming inside the group of tech stocks known as the Magnificent Seven with several players failing to rise to the occasion and being outshone by the remainder. Threadneedle Ventures Founder Ann Berry outlines why certain Mag 7 members are finding a harder time getting a footing in this environment. "We're seeing outside punishment relative to the rest of that set, just to be more realistic... Look what we have seen with Apple (AAPL), and I think Apple has experienced two things that the rest of the group are at risk for," Berry tells Yahoo Finance. "Number one, Apple had the courage to shut down its EV business after spending a billion a year for the last decade by trying to develop an electric vehicle. You compare Meta (META) which has wasted over $40 billion on the metaverse... but just because Apple unveiled its bad news in this market, it's being punished very heavily, whereas Meta's been able to regain ground by gaining in other places such as AI She also shares her investment outlook on stocks like Salesforce (CRM) and Palo Alto Networks (PANW) For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan...

In this article, we will list the 15 best Apple Watch alternatives in 2024. If you want to sip our discussion about Apple’s patent infringement, smartwatch market, and smartwatch ownership globally, go to the 7 Best Apple Watch Alternatives in 2024. A patent infringement case is pushing Apple, Inc. (NASDAQ:APPL) to stop selling two of […]...