The Magnificent Seven Face Turbulence on Wall Street

The stock market’s darlings stumbled on Friday. Apple, Microsoft, Meta, Amazon, Alphabet, Nvidia, and Tesla saw their shares drop. These tech giants, dubbed the “Magnificent Seven,” drove half of the S&P 500’s returns in 2024. Apple, Microsoft, Amazon, and Meta each fell over 1%. The holiday season’s low trading volume amplified market swings. Tech stocks […]