"Goldman Sachs Predicts Fate of 'Magnificent 7' Stocks in 2024"
TL;DR
The "Magnificent 7" stocks, including Apple, Microsoft, Amazon, Alphabet, Meta, Tesla, and Nvidia, are not performing as expected in early 2024, with only four of the seven showing positive returns. The Dow Jones is slightly up as market indexes hover near record highs, with the S&P 500 close to reaching a new record high.
- 'Magnificent 7' acting more like 'Magnificent 4' in early 2024 MarketWatch
- Earnings: Implosion of Magnificent Seven Can Wait Bloomberg
- Fate of the Mag 7 depends on their ability to deliver rapid revenue growth in 2024, says Goldman Sachs MarketWatch
- Big tech will either be fine or probably mostly fine, says Goldman Financial Times
- Can All of the Magnificent Seven Stocks Maintain their Dominance This Year? Nasdaq
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