Mag 7

Among the so-called Magnificent Seven tech giants, Tesla Inc. (NASDAQ:TSLA) holds a rare and ironic distinction: it's been beaten the hardest so far this year, yet it's the only one still standing with gains for the month. While Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), Nvidia Corp. (NASDAQ:NVDA...

After a spectacular risk-on rally on Wednesday, Wall Street sharply pulled back during Thursday's trading, as investors digested the 90-day tariff pause and weighed lingering economic risks to the outlook. Even a sharply lower-than-expected inflation report did little to support risk sentiment — a...

Meta Platforms Inc. (NASDAQ:META) has been an unlikely standout in a turbulent tech year, but the chart suggests the party might be coming to an end. Despite outperforming its Mag 7 peers year-to-date, Meta is now down 13.85% YTD, slipping 13.67% in the last month alone. Read Also: Despite Tariff...

Scott Bessent, the U.S. Treasury Secretary, has attributed the recent stock market decline to the Chinese AI tool DeepSeek rather than President Donald Trump‘s policies. What Happened: During an interview with conservative commentator Tucker Carlson, Bessent emphasized that the market...

As Wall Street crumbles under the weight of tariffs and deepening economic fears, Treasury Secretary Scott Bessent is pointing the finger not at the Trump administration policy but at the market’s former darlings. Speaking on the Tucker Carlson Podcast Friday, Bessent said the ongoing equity...

For the first time in years, the $3 trillion club has no members. Apple Inc (NASDAQ:AAPL), the first company to hit the milestone in 2022, has fallen below the threshold, leaving Microsoft Corp (NASDAQ:MSFT) and NVIDIA Corp (NASDAQ:NVDA) also trailing in their bid to reclaim the title. Table...

The Magnificent 7 stocks are among those having a rough start to 2025 with all seven leading technology stocks down and the majority underperforming against the S&P 500. Benzinga readers picked their favorite Mag 7 stock to outperform the others over the next three months. What Happened:...

Shares of Magnificent Seven technology companies soared in 2023 and 2024 due to optimism about artificial intelligence and favorable macroeconomic conditions. After historic price action Monday, has the music finally stopped for Big Tech’s rally? What Happened: The SPDR S&P 500 ETF Trust...

The once-unshakable dominance of the Magnificent Seven (or Mag 7) stocks is under scrutiny. Stretched valuations and artificial intelligence investment concerns are weighing on mega-cap tech. The Bloomberg Mag Seven Index, an equal-weighted basket of these high-flyers, has officially entered...

Many of the top-performing stocks and assets in recent years have stumbled at the start of 2025, with Bitcoin (CRYPTO: BTC) dropping to a three-month low. Here's a look at the year-to-date performance of top 2024 assets and what's outperforming them. What Happened: Bitcoin was a top performer in...

Retail investors are once again proving to be the backbone of the stock market, stepping in to buy every dip. According to JPMorgan analyst Nikolaos Panigirtzoglou, hedge funds, after playing defense for much of 2024, are now quietly rebuilding their positions – especially in the Magnificent...

Activist investor Dan Loeb‘s Third Point LLC has significantly ramped up its stakes in Flutter Entertainment (NYSE:FLUT), Elon Musk’s Tesla Inc. (NASDAQ:TSLA), and Mark Zuckerberg’s Meta Platforms Inc. (NASDAQ:META) during the final quarter of 2024. What Happened: According to recent...

After cutting the federal funds rate three straight times to end 2024, the Federal Reserve left rates unchanged in January. A new Benzinga reader poll asks which Magnificent 7 stock could be most hurt by the decision. What Happened: The Fed kept the federal funds rate steady in January at 4.25% to...

A new Benzinga reader poll shows whether Monday's selloff of technology stocks could be short lived or a major item to watch with valuations of artificial intelligence companies questioned with the surge of interest in DeepSeek, a Chinese AI company. What Happened: Monday's selloff hurt many...

The Magnificent Seven earnings season is here, and while JPMorgan's Doug Anmuth expects strong results, the real test lies in 2025 outlooks. With tougher comps, FX headwinds, and slowing growth, investors will be watching closely to see if these tech giants can sustain momentum. AI Capex: Bet Big...