Tag: Magnificent 7 stocks

January 25, 2024 BY Elizabeth Anderson

Microsoft’s brief brush with a $3tn market valuation

These movements show Microsoft’s tech giant standing is well-deserved. Its rival Apple Inc (AAPL) holds a market cap of just over $3tn and became the first company to achieve this. Microsoft is one of the so-called Magnificent 7 tech outfits that boosted over half of market gains last year. These companies –Microsoft, Apple, Meta Platforms…

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December 29, 2023 BY Elizabeth Anderson

Nvidia leads the Magnificent 7 stocks into 2024

Nvidia’s AI chips contributed to the company’s revenue growth, which sits at 85% higher than the same period year-over-year, most significantly in Q3 of 2023. Although the company’s net income is 13 times higher than in December 2022, it made the most instrumental gains in Q1, 2 and 3 of this year, and experienced a…

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