Category: Mag
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Mag 7, crypto, AI, Trump, tariffs, Fed, and everything else that will dominate Davos
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This is the takeaway from today’s morning briefing, and what you can do subscription Received in your inbox every morning with: Covering the World Economic Forum in Davos, Switzerland every year is something I consider a competitive sport. I’m actually starting training for the intensive week over the summer, as…
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‘Mag Seven’ Rally as Nvidia’s Winning Run Hits 13%: Markets Wrap
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(Bloomberg) — A rally in the world’s largest technology companies sent stocks higher, with the market rebounding from its worst session in a month. The turmoil in Treasuries paused as traders delved into comments from Federal Reserve officials. Most read from Bloomberg The tech-heavy Nasdaq 100 rose 1.1%, with Nvidia…
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Bears see Mag 7’s S&P dominance as ‘one bad payroll away from cracking’: Bank of America
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Adam Smigelski The Magnificent 7 tech giants’ significant impact on the S&P 500 (SP500) could stem from a significant slowdown in U.S. economic activity, Bank of America said. Nasdaq 100 (NDX) and other technology stock indexes (COMP:IND)) (Q Q Q) fell this month as investors moved into small-cap stocks.Rty Way)…