The seven big techs' earnings jumped 63.2% year over year, according to a report from FactSet.
The continued outperformance of the Magnificent Seven underscores bubble-era behavior in the market similar to what was seen during the tech rally of the late 1990s, Bank of America said in a note on ...
Bank of America Chief Market Strategist Michael Hartnett has drawn a compelling parallel between the current surge in the U.S. “Magnificent Seven” stocks and historical market bubbles dating back to ...
There’s been much discussion about the possibility of an AI bubble of late. Of course, not everybody has the risk tolerance ...
As the Magnificent Seven giants keep gaining, concerns of stock-market concentration are rising. A bursting of the AI bubble could see a lost decade for stocks similar to the end of the dot-com boom.