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- Yahoo Finance
Why the Magnificent 7's 'momentum is collapsing'
Six of the largest tech companies are expected to see earnings growth slow over the next year, leaving room for other companies to lead the next leg of the stock market rally, UBS analysts say.
- Yahoo Finance Video
Stocks rebound, AI in Big Tech, Tesla: Trading Takeaways
After a tumultuous start to the second quarter, stock market indices (^DJI, ^IXIC, ^GSPC) are seeing a solid day of green to kick off the trading week. Closing back above 5,000, the S&P 500 has snapped its six-day losing streak shared with the Nasdaq Composite. Yahoo Finance Markets Reporter Josh Schafer details the biggest trends moving stocks ahead of earnings for Big Tech companies, including whether AI will be giving tech companies another big push this earnings season and everything on Tesla's (TSLA) plate as the EV maker is set to report quarterly results on Tuesday, April 23. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Big 6 tech stocks downgraded by UBS on 'collapsing' earnings
UBS Chief Investment US Equity Strategist Jonathan Golub downgraded the "Big Six" tech stocks - Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia (NVDA), Meta (META), Microsoft (MSFT) — from Overweight to Neutral citing "difficult comps and cyclical forces weighing on these stocks." In addition, Golub claims that the monumental earnings that catapulted these companies are "collapsing." Yahoo Finance Reporter Josh Schafer joins Market Domination to break down UBS' call on the majority of the Magnificent Seven tech leaders and what Golub forecasts for the tech sector in his note to investors. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
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