Magnificent Seven pushes tech-heavy Nasdaq higher: Nvidia rises 2%, Meta up 1% ahead of earnings week, Tesla gains 3% | Stock Market News

Magnificent Seven pushes tech-heavy Nasdaq higher: Nvidia rises 2%, Meta up 1% ahead of earnings week, Tesla gains 3% | Stock Market News

The Nasdaq Composite index surged to an all-time high on Friday, mainly driven by tech stocks ahead of their earnings week. The Nasdaq Composite index gained 1.4 per cent, whereas the S&P 500 rose to a record high of 0.9 per cent and the Dow Jones… Article Source https://www.livemint.com/market/stock-market-news/magnificent-seven-pushes-tech-heavy-nasdaq-higher-nvidia-rises-2-meta-up-1-ahead-of-earnings-week-tesla-gains-3-11729870844337.html

Nvidia’s not just lapping other chip stocks. It’s running the table on the Magnificent Seven.

Nvidia’s not just lapping other chip stocks. It’s running the table on the Magnificent Seven.

Nvidia isn’t just breaking away from its competitors in the semiconductor industry with an eye-popping run of recent gains. It’s also setting itself apart from another set of peers: the so-called Magnificent Seven of Apple, Microsoft, Article Source https://sherwood.news/markets/nvidias-not-just-lapping-other-chip-stocks-its-running-the-table-on-the/

An $803 billion company most people have never heard of just knocked Tesla out of the Magnificent 7

An 3 billion company most people have never heard of just knocked Tesla out of the Magnificent 7

With hardly anyone noticing, a tech titan you’ve probably never heard of has booted Tesla out of the heavily hyped Magnificent Seven. Can it stay there? The overlooked Magnificent Seventh is Broadcom, a tech company that produces both hardware… Article Source https://finance.yahoo.com/news/803-billion-company-most-people-080000771.html

A $803 billion company most people have never heard of just knocked Tesla out of the Magnificent 7

A 3 billion company most people have never heard of just knocked Tesla out of the Magnificent 7

With hardly anyone noticing, a tech titan you’ve probably never heard of has booted Tesla out of the heavily hyped Magnificent Seven. Can it stay there? The overlooked Magnificent Seventh is Broadcom, a tech company that produces both… Article Source https://fortune.com/2024/10/05/broadcom-tesla-magnificent-7-companies-market-cap/

Nvidia and Advanced Micro Devices Just Gave Magnificent News to AI Chip Investors | The Motley Fool

Nvidia and Advanced Micro Devices Just Gave Magnificent News to AI Chip Investors | The Motley Fool

Nvidia is sold out for the next year, while CEO Lisa Su gives the most bullish AI forecast yet. How long will the strong artificial intelligence buildout last? The market appears optimistic, with AI chip leader Nvidia (NVDA -0.01%) trading at 34… Article Source https://www.fool.com/investing/2024/10/14/nvidia-and-advanced-micro-devices-just-gave-great/

Nvidia and Advanced Micro Devices Just Gave Magnificent News to AI Chip Investors

Nvidia and Advanced Micro Devices Just Gave Magnificent News to AI Chip Investors

How long will the strong artificial intelligence buildout last? The market appears optimistic, with AI chip leader Nvidia (NASDAQ: NVDA) trading at 34 times forward earnings estimates and challenger Advanced Micro Devices (NASDAQ: AMD) trading at… Article Source https://finance.yahoo.com/news/nvidia-advanced-micro-devices-just-091100386.html

According to Interactive Brokers chief strategist, Broadcom should replace Tesla in Magnificent 7 – CNBC, states Investing.com

According to Interactive Brokers chief strategist, Broadcom should replace Tesla in Magnificent 7 – CNBC, states Investing.com

The chief strategist at Interactive Brokers expressed his preference for trading Broadcom over Tesla among the ‘Magnificent Seven’ stocks during an interview with CNBC. In January, analysts recommended replacing Tesla with Broadcom in the line-up of Nvidia, Meta Platforms, Amazon, Alphabet, Microsoft, and Apple. They cited Broadcom’s alignment with the current market trend and their … Read more

Interactive Brokers’ Sosnick Suggests Broadcom as Replacement for Tesla in the ‘Magnificent 7’

Interactive Brokers’ Sosnick Suggests Broadcom as Replacement for Tesla in the ‘Magnificent 7’

Broadcom’s success in 2024 has propelled the chipmaker to potentially replace Tesla among the top companies in the stock market, known as the “Magnificent Seven.” According to Interactive Brokers chief strategist Steve Sosnick, Broadcom embodies the current trend of artificial intelligence (AI) stocks, making it a standout performer. The company’s stock has surged by nearly … Read more

Who Will Be the Next ‘Magnificent Seven’ Stock to Split after Nvidia?

Who Will Be the Next ‘Magnificent Seven’ Stock to Split after Nvidia?

NVIDIA’s 10-for-1 stock split marks a milestone for the leader in AI chips, following a trend of stock splits among high-flying tech companies. Apple, Tesla, Amazon, Alphabet, and NVIDIA have split their shares in recent years, with Microsoft and Meta Platforms potentially next in line due to their high share prices.Microsoft, the most valuable company … Read more

Who Will Follow Nvidia in the “Magnificent Seven” Stock Split?

Who Will Follow Nvidia in the “Magnificent Seven” Stock Split?

Five of the “Magnificent Seven” stocks have recently split their shares, including NVIDIA’s milestone 10-for-1 split, the first in nearly three years for the AI chip leader. The trend of splits among the high-flying tech players began at the start of the pandemic, with Apple, Amazon, Alphabet, and Tesla also splitting shares in recent years. … Read more