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Stock impact report

The ‘Magnificent 7' stocks are dying, and Wall Street is pretty happy about it [Yahoo! Finance]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
Company Research Source: Yahoo! Finance
That's because more investors are picking between winners and losers on the index—and many of the losers are the “Magnificent Seven” tech stocks, a cohort that includes Alphabet, Amazon, Apple, Meta Microsoft Nvidia and Tesla. The market as a whole is up 0.48% year-to-date. Given that the year is only a few days old, that pace promises healthy gains ahead. But only two of the Mag 7 stocks are in positive territory so far, Alphabet and Amazon . All the others are down. Some of them are down bad Tesla has lost 4.73% so far, Apple is down 4.83%. The collapse of the Mag 7 is important because in the last few years the valuation of those stocks has grown so big that they now form more than 30% of the value of the S&P as a whole. It created a situation where even if you bought an S&P 500 exchange-traded fund, with the intent of diversifying your investments across 500 companies, your results were mostly affected by the Mag 7. To give you an idea of how worried analysts are about thi Show less Read more
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