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Roughly 90% of stocks in the benchmark index lost ground, but it managed to hold onto a modest gain of 0.7% for the week. The Dow Jones Industrial Average fell 333.59 points, or 0.8%, to 42,992.21.
The Magnificent 7 comprise a huge portion of major indexes such as the S&P 500 and the Nasdaq 100, meaning their performance has an outsized impact on these market-cap-weighted indexes. Here’s ...
All seven of the Big Tech leaders are off their recent highs, a decline punctuated by a 10% single-day drawdown for Nvidia on Friday, its worst one-day price performance since March 2020, though ...
Here’s a look at the Magnificent 7 stocks, including their prices, year-to-date performance and other important features. 1. Meta Platforms. Share price as of July 26: $298.88. YTD performance ...
As stocks held relatively steady on Friday, Meta led the way with a 7% gain for the week. As of Friday afternoon, however, shares of Nvidia and Tesla were down roughly 2% and 3% for the session ...
The group of prominent technology stocks called the "Magnificent Seven" -- Apple, Amazon ... The stock trades at a price-to-earnings ratio ... Today, the stock trades at a forward P/E of just 21.
How to handle the Magnificent Seven stocks today The average S&P 500 stock is valued at 28.7 times price to earnings (P/E) and 23.6 times price-to-cash reserves (P/C).
Furthermore, with the broader market, measured by the S&P 500 trading at 24.6 times forward earnings (compared to Alphabet's 22.3 and Meta's 25.7), I think these two represent enough of a value ...