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Institution: After the ceasefire between Israel and Palestine, Apple, Nvidia, and TSL among the "Magnificent 7" will lead the rise of the US stock market.
Gate News bot message, XTB analyst Kathleen Brooks stated in a report that after the announcement of a ceasefire in the conflict between Israel and Iran, stock investors prefer technology and artificial intelligence-related stocks over defense-related stocks.
Apple, Amazon, Alphabet, Microsoft, Meta, Nvidia and Tesla, the seven leading tech stocks, or “Magnificent 7”, will continue to rise. “With the market once again focusing on AI trading, these seven companies have the potential to lead the U.S. stock market higher,” Brooks said. ”
Source: Jinshi