May 13, 2024
Finance

US futures jump, fueled by stellar Alphabet, Microsoft earnings

US stocks were set to bounce back on Friday as Alphabet (GOOG, GOOGL) and Microsoft (MSFT) earnings revived hopes for a Big Tech-led rally. But a key inflation report ahead could put a spoke in the wheel. S&P 500 (^GSPC) futures rose roughly 0.8%, while contracts on the tech-heavy Nasdaq 100 (^NDX) jumped 1%. Futures

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Finance

Meet the Cheapest “Magnificent Seven” Stock According to These Key Financial Metrics

Apple (NASDAQ: AAPL), Microsoft, Nvidia, Amazon, Alphabet, Meta Platforms, and Tesla are seven tech companies that have come to be known as the “Magnificent Seven.” Although investors usually target this bunch for their growth potential, some may wonder which Magnificent Seven stock is the least expensive. Based on a few popular valuation metrics, Apple stands

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Finance

Neither of Them Is Nvidia)

The “Magnificent Seven” is a collection of the world’s largest technology stocks. They earned the name last year when they delivered an average gain of 112%, which crushed the 24% return of the S&P 500 index. The seven stocks include: Microsoft (NASDAQ: MSFT) Amazon (NASDAQ: AMZN) Nvidia Meta Platforms Apple Alphabet Tesla Some members of

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Finance

2 “Magnificent Seven” Stocks to Buy Hand Over Fist Right Now

The S&P 500 index has roared higher over the past 16 months, rebounding from its bear market low to reach record levels — and confirm a new bull market. And the movement has been led by one group of stocks in particular. Dubbed the “Magnificent Seven” in reference to the 1960 Western, these players are

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Investment

Opinion | Why stock market stars are at odds with real world’s investment needs

We should be asking much deeper questions now than simply about whether and when another stock market bubble burst might come. We should be re-examining the role of private and public sectors in allocating financial resources to the global economy. Failure to do this could result in a dramatic rise in tax rates around the

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