Reported about 16 hours ago
With President-elect Donald Trump set to return to the White House, stocks belonging to the 'Magnificent Seven' may see further gains due to anticipated regulatory rollbacks and tax changes favoring the tech sector. Analysts predict significant growth for companies like Nvidia, Microsoft, and Tesla, while cautioning that not all big tech companies, particularly Apple, face the same positive outlook due to potential tariff risks. The market expects a surge in innovation and investment in artificial intelligence as Big Tech aligns with the incoming administration's priorities.
Source: YAHOO