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Technology stocks sank Thursday, but some members of the “Magnificent Seven” were punished more than others as the group collectively shed $1 trillion in market capitalization. That was the largest ...
Valuations for the once-expensive mega-cap tech stocks known as the Magnificent Seven have fallen amid the ongoing selloff in US markets. Meta, Amazon, Microsoft, and Alphabet are now considered ...
The concentration of the Magnificent Seven within the S&P 500 (SP500) continued to expand in 2024, with the group now accounting for a third of the benchmark index's total weight which up from 20% ...
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