By Matthew Gutierrez and Shawn O’Malley
What Magnificent 7?
Two key members, Tesla and Apple, have had a tough start to the year. Tesla shares have fallen ~35% in about nine weeks, while Apple shares are down ~7% year-to-date.
They could bounce back in a matter of weeks, but as of now, it looks more like the Fab Five in 2024, with the likes of Nvidia, Amazon, Microsoft, Alphabet, and Meta charging higher and higher.
— Matthew & Shawn
Here’s today’s rundown:
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Today, we'll discuss the biggest stories in markets:
The land of big profits and high inflation
The latest from Argentina
This, and more, in just 5 minutes to read.
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POP QUIZ
Nvidia is the best Magnificent 7 performer of the past five years, up ~20x since 2019. What’s the second-best performer over that span? (Scroll to the end to find out!)
Chart of the Day
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