Reported about 20 hours ago
As the Magnificent Seven stocks—Meta, Amazon, Google, Apple, Nvidia, Microsoft, and Tesla—underperform early in the year, investor sentiment is shifting. With significant capital expenditure increases and growing scrutiny over AI investments, many experts are advising a reduction in exposure to these stocks. Notably, the Magnificent Seven's valuation remains high compared to the broader market, and their current ownership levels suggest a potential over-reliance on these assets amid market volatility.
Source: YAHOO