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Magnificent Seven

All articles tagged with #magnificent seven

Matt Dillon to helm MGM+'s modern take on The Magnificent Seven
tv3 days ago

Matt Dillon to helm MGM+'s modern take on The Magnificent Seven

Matt Dillon will star and executive produce MGM+'s eight-episode drama The Magnificent Seven, a reimagining of the 1960 Western. Dillon plays Chris Adams, the leader of seven gunslingers hired to protect villagers from a mercenary land baron; Tim Kring writes and exec produces alongside Donald De Line, Lawrence Mirisch, Bruce Kaufman and Dillon. Production begins June 2026 in Calgary for MGM+ Studios and MGM Television Studios, as part of MGM+'s strategy to mount cinematic-feeling series with legacy pedigree.

Oracle Leads a Tech Rally as Industry Dips in AI-Fueled Week
technology12 days ago

Oracle Leads a Tech Rally as Industry Dips in AI-Fueled Week

Oracle jumped about 12% during a choppy tech week after unveiling plans to fund AI cloud infrastructure, while other top AI names like Microsoft and Amazon sank into bear market territory and Apple faced margin pressures from higher memory prices; Nvidia drifted lower despite good AI headlines. The Magnificent Seven were all negative year-to-date, underscoring a broader tech rout even as Oracle’s rally suggested shifting sentiment around AI investments.

Alphabet Faces High Bar as AI Momentum Powers Q4 Preview
business25 days ago

Alphabet Faces High Bar as AI Momentum Powers Q4 Preview

Alphabet is set to report Q4 results after the bell with consensus revenue around $104.75 billion and EPS about $2.62, as analysts highlight Gemini AI momentum and potential monetization from Genie 3; optimism is buoyed by AI strength across Search, Ads and Cloud, with several firms raising price targets and investors watching Alphabet's AI investments (Waymo, SpaceX) and its role in major indexes and ETFs.

Tech Titans and Auto Giants Vie for Week’s Earnings Spotlight
markets1 month ago

Tech Titans and Auto Giants Vie for Week’s Earnings Spotlight

Earnings season is in full swing with Tesla, Microsoft and Meta among the Magnificent Seven leading a busy week of reports across tech, defense, telecoms and industrials. Benzinga lays out a dense calendar from Jan 26–30, noting premarket opens and after-hours closes, with UnitedHealth and UPS among names reporting before the open Tuesday, Apple after Thursday’s close, and Western Digital/SanDisk Thursday afternoon, plus a long list of other firms and the iPhone cycle, AI-driven cloud spending and margin dynamics shaping expectations.

Big Tech bargains surface as megacaps cool, fueling fresh buying hopes
markets1 month ago

Big Tech bargains surface as megacaps cool, fueling fresh buying hopes

After months of lagging performance, the Magnificent Seven look cheaper versus the broader market, with the Roundhill Magnificent Seven ETF (MAGS) hitting a multi‑month low on forward earnings. Some investors are rotating into other assets while a few portfolio managers are adding to names like Amazon, Microsoft and Meta, citing operating leverage and potential gains as AI spend unwinds. Near‑term catalysts include earnings season and the dollar’s direction, but gains may hinge on macro factors and earnings surprises amid ongoing tech volatility.

Broad Rally Pushes Stocks Beyond Tech, Signaling Durable Upswing
markets1 month ago

Broad Rally Pushes Stocks Beyond Tech, Signaling Durable Upswing

Stocks are rallying broadly in 2026, with small- and international-cap funds near records even as the big indexes lag leadership; earnings growth is expected to rise about 10% for the equal-weighted S&P 500 and around 15% for the S&P Small Cap 600, a gap likely to narrow as investors rotate into a wider mix (including transportation and energy names) beyond the AI hyperscalers.

Wall Street Faces Volatility Amid Tech and AI Market Concerns
business3 months ago

Wall Street Faces Volatility Amid Tech and AI Market Concerns

Tech stocks, especially the Magnificent Seven, lost over $1 trillion in market value this week amid a broader selloff driven by concerns over an AI bubble, despite some experts arguing that current valuations are supported by real earnings and structural changes. The market downturn was triggered by fears of overvaluation and a potential bubble burst, though some analysts believe the AI-driven growth reflects genuine long-term profitability.