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The Mag 7 Led the Stock Market Higher. Why July Has Been So Painful.

Investors in technology stocks are witnessing a fall from grace. The big tech names—Apple, Amazon, Google-parent Alphabet  Nvidia,  Facebook -parent Meta Platforms, Microsoft and Tesla—were all the rage this year. Dubbed the Magnificent Seven, the group members made headlines as the earth’s most valuable companies, helping push the to 38 record highs in 2024. Read More...

Investors in technology stocks are witnessing a fall from grace. The big tech names—Apple, Amazon, Google-parent Alphabet Nvidia, Facebook -parent Meta Platforms, Microsoft and Tesla—were all the rage this year. Dubbed the Magnificent Seven, the group members made headlines as the earth’s most valuable companies, helping push the to 38 record highs in 2024.

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