3 "Magnificent 7" Stock Earnings Coming Up: What to Expect
Alphabet(GOOGL) Zacks Investment Research·2024-04-22 19:36
Amid the delayed prospect of rate cuts and an increase in geopolitical tension, the technology sector has been seeing brutal trading in recent weeks after a strong first quarter. Notably, the Magnificent Seven stocks suffered the worst-ever weekly loss in terms of market capitalization, erasing $950 billion last week.NVIDIA (NVDA) , which has been leading the artificial intelligence boom, shed almost $300 billion and became the biggest market-cap loser. Shares of NVIDIA fell 13.6% last week and are down abo ...