The Magnificent Seven in the Technology Sector: AI is Here to Stay |
“The current earnings season has underscored the enduring strength of the big technology sector, allaying investor fears that the AI enthusiasm would wane after driving the market rally in 2023.The ‘Magnificent Seven’ group of tech giants, including Nvidia Corp., Meta Platforms Inc., Microsoft Corp., and Amazon.com Inc., witnessed an impressive 55% increase in average earnings …
