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TSLA

Magnificent 7 could easily become the ‘Lag 7’: Strategist

The Magnificent Seven tech stocks have played a big part in recent weeks' market rallies, but as these leaders began to lag, could cracks be beginning to form in the foundations of this Big Tech group? Piper Sandler Managing Director Craig Johnson, alongside other experts, reduces the Magnificent Seven to "the Fantastic Four," noting declines in Apple (AAPL) and Tesla's (TSLA) share prices. "They're no longer participating along with Alphabet (GOOG, GOOGL), so this is a market that needs to pause and consolidate. But again, we think it can still move higher throughout the end of the year," Johnson tells Yahoo Finance, later naming the Fantastic Four winners emerging from the Magnificent Seven. 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...

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TSLA

‘Magnificent Seven’ tech stocks lose steam as AI hype fades

The so-called "Magnificent Seven" tech stocks — Microsoft (MSFT), Apple (AAPL), Nvidia (NVDA), Tesla (TSLA), Alphabet (GOOG, GOOGL), Meta (META), and Amazon (AMZN) — were once the main drivers propelling the S&P 500's gains. However, as investors question whether the market is entering an AI-fueled bubble, cracks are emerging in these mega-cap names. Stocks like Apple and Tesla are facing headwinds as demand deteriorates in the critical Chinese market. Yahoo Finance's Seana Smith and Brad Smith provide insights into the specific pressures affecting the performance of these technology giants. 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 Angel Smith...

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TSLA

The Mag 7’s Earnings May Not Grow as Fast as You Think

Expectations for strong profit growth from the tech leaders are part of the reason the S&P 500 is trading near record levels...

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TSLA

Stocks to Watch Tuesday: NIO, Apple, Target, GitLab

[**Target (TGT)**](https://www.wsj.com/market-data/quotes/TGT): The retailer's annual revenue declined for the [first time in seven years](https://www.wsj.com/business/retail/target-tgt-q4-earnings-report-2023-49933894), but it boosted its quarterly profit by offering fewer discounts and benefiting from lower costs...

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TSLA

These Stocks Are Moving the Most Today: Target, GitLab, Tesla, Apple, AeroVironment, Albemarle, Paymentus, and More

Target tops fourth-quarter earnings estimates, GitLab tumbles on weaker-than-expected fiscal-year guidance, and Tesla halts production at its factory in Berlin because of a power outage...

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TSLA

Tesla China Registrations Fell Last Week. Will A Q1 Delivery Miss Add To Tesla Stock’s Woes?

Tesla stock is down more than 20% in 2024 and now the EV giant appears likely to have Q1 deliveries come in below Wall Street expectations...

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AMZN

Could Shopify Be in the “Magnificent Seven” of E-Commerce Stocks?

There's a lot to love about this fast-growing business...

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TSLA

Elon Musk Loses the Title of World’s Richest Person

The Amazon founder is the world's richest person again for the first time since 2021 after Elon Musk's wealth dropped Monday following Tesla's stock fall...

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IBM

Here is What to Know Beyond Why International Business Machines Corporation (IBM) is a Trending Stock

IBM (IBM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects...

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TSLA

Goldman analysts weigh in on Tesla slump, highlight key EV election risk

Slumping EV demand, relentless price cuts and more trouble in Germany for the world's most-valuable carmaker...

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