How to Capitalize The 'Magnificent 7' Tech Stocks
The Magnificent 7, the US titans of technology, have actually ruled supreme in stock exchange for the past 2 years, delivering outstanding returns. Their formerly unpopular bosses are now billionaires with supersized political influence as friends of President Trump.
The fortunes of the US stock market have been determined by the 7: Alphabet, owner of Google, Amazon, Apple, Meta - whose empire incorporates Instagram, Facebook and WhatsApp - Microsoft, the semiconductor colossus Nvidia and Tesla.
There is some dispute about who coined the term Magnificent 7, based upon the western film of the 1960s. Credit has actually been claimed by Bank of America and Goldman Sachs to name a few.
But there is a much bigger dispute as to whether you need to continue to back these services, either straight or through your Isa and pension funds.
Here's what you need to know now.
The Magnificent 7, the US titans of technology, (left to right) Amazon's Jeff Bezos, Tesla's Elon Musk, Microsoft's Satya Nadella, Meta's Mark Zuckerberg, Apple's Tim Cook, Nvidia's Jensen Huang and Alphabet's Sundar Pichai
Alphabet.
EXPERT VERDICT: BUY
Alphabet, then referred to as Google, was set up in 1998 by PhD trainees Sergey Brin and Larry Page.
Today the $2.5 trillion corporation is a digital marketing juggernaut.
Alphabet has diversified into cloud computing and branched out into Artificial Intelligence (AI) with the launch of its Gemini system.
It just recently revealed Willow, a new chip for quantum computing.
Boss Sundar Pichai, a stringent vegetarian and fitness fanatic, took the top job in 2019. He is worth $1.3 billion and takes pleasure in a yearly salary of $8.8 million.
The Magnificent 7, the US titans of technology, have actually ruled supreme in stock exchange for the past 2 years, delivering outstanding returns. Their formerly unpopular bosses are now billionaires with supersized political influence as friends of President Trump.
The fortunes of the US stock market have been determined by the 7: Alphabet, owner of Google, Amazon, Apple, Meta - whose empire incorporates Instagram, Facebook and WhatsApp - Microsoft, the semiconductor colossus Nvidia and Tesla.
There is some dispute about who coined the term Magnificent 7, based upon the western film of the 1960s. Credit has actually been claimed by Bank of America and Goldman Sachs to name a few.
But there is a much bigger dispute as to whether you need to continue to back these services, either straight or through your Isa and pension funds.
Here's what you need to know now.
The Magnificent 7, the US titans of technology, (left to right) Amazon's Jeff Bezos, Tesla's Elon Musk, Microsoft's Satya Nadella, Meta's Mark Zuckerberg, Apple's Tim Cook, Nvidia's Jensen Huang and Alphabet's Sundar Pichai
Alphabet.
EXPERT VERDICT: BUY
Alphabet, then referred to as Google, was set up in 1998 by PhD trainees Sergey Brin and Larry Page.
Today the $2.5 trillion corporation is a digital marketing juggernaut.
Alphabet has diversified into cloud computing and branched out into Artificial Intelligence (AI) with the launch of its Gemini system.
It just recently revealed Willow, a new chip for quantum computing.
Boss Sundar Pichai, a stringent vegetarian and fitness fanatic, took the top job in 2019. He is worth $1.3 billion and takes pleasure in a yearly salary of $8.8 million.