Magnificent 7 Stocks Continue to Lead Market Rally
TL;DR Summary
The Magnificent Seven tech stocks surged over 13% in May, their best monthly performance in two years, but remain in the red for 2023. Upcoming events like Apple's developer conference and Tesla's robotaxi launch could boost their stocks. Despite recent gains, valuations are high, and risks include high prices, potential slowdown, and geopolitical tensions.
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- Big Tech Is Back in S&P 500 Driver’s Seat as Profit Engines Hum Bloomberg.com
- The Magnificent 7 Still Dominate the Stock Market Inc.com
- 7 Stocks Looking Magnificent Again; Caution Warranted ETF Trends
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