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magnificent seven

  • UK’s tech crown is slipping away

    March 27, 2025

    The UK has slipped behind in the tech arms race, falling behind emerging tech heavyweights. A new global ranking has placed Britain as 13th overall for tech competitiveness, behind nations like Ireland, Singapore and Australia. Meanwhile, perhaps more alarmingly, no G7 nation – the group of the world’s most industrialised nations including the UK – [...]

  • US investment giant: This isn’t a repeat of the dot-com bubble

    March 26, 2025

    With the recent dip in US tech stocks coinciding with the 25th anniversary of the dot-com bubble’s peak in March 2000, many investors are worrying that history is set to repeat itself. Indexes of US ‘mega cap’ stocks have fallen 6.7 per cent this year, underperforming all other market sectors, according to data from US [...]

  • Scottish Mortgage Investment Trust: City broker warns of underperformance

    March 5, 2025

    City broker Stifel has warned that popular investment trust Scottish Mortgage might suffer from underperformance in coming years as growth-focused US stocks begin to fall out of favour with markets. In a research note today, Stifel analysts Iain Scouller and William Crighton said that noted that Scottish Mortgage’s share price has jumped around 27 per [...]

  • 2025 Predictions for Apple, Microsoft, Tesla, and other tech leaders

    January 6, 2025

    The Magnificent Seven group of leading tech companies: Apple, Nvidia, Microsoft, Amazon, Alphabet, Meta and Tesla, gained a combined 63 per cent in 2024, building on 2023’s strong performance. Deutsche Bank revealed the group generated more profit in 2024 than most national stock markets. However, JP Morgan has projected their contribution to S&P 500 earnings [...]

  • Terry Smith’s £23bn fund falls out of favour after Magnificent Seven misstep

    November 5, 2024

    Terry Smith’s £23bn equity fund has once again fallen off a list of the UK’s most-bought investment vehicles after failing to cash in on the performance of the ‘Magnificent Seven’ tech stocks, new analysis suggests. The Magnificent Seven refers to a group of US tech giants, including Alphabet, Meta and Nividia, that have seen stratospheric [...]

  • Apple unveils Iphone 16 and plans AI tool launch in the coming weeks

    September 9, 2024

    Apple has unveiled the Iphone 16 and revealed launch dates and features of its new artificial intelligence tool, Apple Intelligence.

  • Nvidia: Tech stocks ‘at the mercy’ of chipmaker’s results

    August 26, 2024

    Nvidia’s quarterly earnings results this week are set to define the trajectory of the entire tech market, analysts have warned, adding that the fallout from the update by the world’s third largest listed company might be felt across the entire global economy. “Big picture, the overall tech/AI theme arguably looks at the mercy of Nvidia’s [...]

  • Nvidia and Apple lead losses as trillions wiped from Nasdaq tech stocks

    August 5, 2024

    Trillions of dollars have been wiped from the Nasdaq-listed tech giants taking a nosedive amid a global stock sell off, as fears of a US recession are causing investors to run for the hills. The so-called Magnificent Seven’s combined market capitalisation has lost at least $2.3t (£1.8t), equal to a 15 per cent slide from [...]

  • Magnificent Seven market concentration is a problem everywhere, not just on Wall Street

    July 31, 2024

    ‘Market concentration’ is a phrase on the lips of a lot of the market right now, especially as the Magnificent Seven tech stocks continue to swell in size. The Magnificent Seven is made up of the Big Five tech stocks; namely Alphabet, Amazon, Apple, Meta and Microsoft, plus Nvidia and Tesla. Making up more than [...]

  • Nvidia reveals new AI chip as value nears Apple and Microsoft

    June 3, 2024

    Nvidia shares jumped more than three per cent higher in pre-market trading following the announcement.

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