The Magnificent Seven

Apple Inc. (NASDAQ:AAPL) is trading higher on the heels of a new overhaul plan for its sluggish Mac line. What Happened: The laptop and desktop innovator released its first Macs with M3 chips just five months ago. And it’s already gearing up to produce the next generation, according to...

Investors chasing the phenomenal returns delivered by the U.S. technology mega caps have wrought havoc on small cap stock prices, opening up a massive gulf in percentage terms between the S&P 500 and the Russell 2000 indexes. Data compiled by the Financial Times suggests that the Russell 2000...

Nvidia Corporation (NASDAQ:NVDA) isn’t the only artificial intelligence chip stock in town, and Advanced Micro Devices (NASDAQ:AMD) has been striving to prove this over the past weeks. Despite announcements on new product launches and partnerships, the shares haven’t responded — at...

Nvidia Corporation (NASDAQ:NVDA) shares are beginning to test investors’ faith in the company as high levels of volatile trading over the past couple of sessions has made its near-term future difficult to predict. On Friday, shareholders experienced a rollercoaster of emotions. Initially, pre...

Meta Platforms Inc.‘s (NASDAQ:META) outage on Tuesday, which affected users of Facebook, Instagram and Messenger, underlined a growing mistrust of the ability of technology companies to operate securely and keep customers safe from cybersecurity threats. The outage followed another incident,...

Microsoft Corporation‘s (NASDAQ:MSFT) partnership with generative artificial intelligence (GenAI) developer OpenAI has become the star celebrity marriage of the technology industry. It is a union that will allow the company to “further distance itself from the competition” and...

Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks just under the surface and warrant attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

While Elon Musk-owned electric vehicle maker Tesla Inc (NASDAQ:TSLA) has slumped 22% into 2024, the shares of semiconductor maker Broadcom Inc (NASDAQ:AVGO) have rallied 10%. This is significant because the slump in Tesla’s shares combined with the growth in Broadcom’s shares means the...

The escalating geopolitical tensions between Xi Jinping’s China and Taiwan pose a "common risk" to the Magnificent Seven tech giants, according to Jeremy Grantham’s GMO. What Happened: The Magnificent Seven, comprising Apple Inc. (NASDAQ:AAPL), Amazon.com Inc. (NASDAQ:AMZN), NVIDIA...

An ETF that generated headlines in October 2022 is shutting down. The ETF gave investors a way to bet against investor and television personality Jim Cramer. Here are the details and why the decision to shut the fund was made. What Happened: First announced in October 2022, Tuttle Capital launched...

The world’s top investors are becoming more confident that markets won’t be hit by recession in 2024, with an overwhelming majority now backing the likelihood of a “soft landing” — or even “no landing” — for the U.S. economy. Global fund managers, polled each...

Artificial intelligence (AI) is rapidly advancing, with each of the major tech companies participating in some capacity, and the opportunities are not monopolized by the Magnificent Seven. “Every company is going to have to be an AI company,” said Ivan Feinseth, senior partner and CIO...

In a year when equity markets rallied strongly, short sellers — traders who position for losses on assets — had an extremely tough time in 2023. Data published on Friday by S3 Partners showed that short sellers in the U.S. and Canada were down $194.9 billion in 2023 — down 20.4% on an average short...

To gain an edge, this is what you need to know today. New Economic Data Please click here for a chart of Invesco QQQ Trust Series 1 (NASDAQ: QQQ). Note the following: The chart shows tech stocks have fallen back into the support zone. RSI on the chart shows tech stocks are near oversold...

Broad stock market indexes were up in 2023 with technology stocks outperforming several other sectors. Here's a look at the biggest gainers and laggards in the Dow Jones Industrial Average. What Happened: The Dow Jones Industrial Average was created in 1896 by Charles Dow and is one of the oldest...