Tech
Analysis: ‘Magnificent seven’ stocks to reveal if they are worthy of their name or grossly overvalued
With the seven largest Big Tech firms running operations in Ireland, the health of their upcoming updates will have a significant impact on the economy here
The “Magnificent 7” stocks - Apple, Alphabet, Microsoft, Amazon, Meta, Tesla and Nvidia - are in the limelight this week as five will release full year earnings statements which should reveal the underlying health of the cohort.
The seven companies had a stellar 2023, returning share price growth of 111 per cent on average, compared to 24 per cent for the S&P 500 as a whole and the just 2.4 per cent uptick in the ...
