TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  Benzinga

Magnificent 7's Reign Rolls On, Powell Puts Chill On Rate-Cut Hopes: This Week In Markets

Benzinga Logo Benzinga By Piero Cingari
Magnificent 7's Reign Rolls On, Powell Puts Chill On Rate-Cut Hopes: This Week In Markets

Tech giants continue to dominate market performance, with the Magnificent Seven stocks reaching a combined market value over $22 trillion. Federal Reserve Chair Jerome Powell dampened rate-cut expectations while tech companies reported mixed earnings results.

Insights
GME.WS   neutral

Used as a comparative example of a successful meme stock, but not directly analyzed


NVDA   positive

Crossed $5 trillion valuation and projected $500 billion in AI datacenter revenue over two years