Nikolay Nedyalkov @NikolayNedyalkov: "The Magnificent 7 is looking..."

Bulgaria

The Magnificent 7 is looking more like the "Tragic 7" so far this year. 📉 Seeing $MSFT (Microsoft) and $META (Meta Platforms Inc) down over 20% YTD is wild considering where we were a few months ago. Even the "invincible" $NVDA (NVIDIA Corporation) is feeling the heat. However we’re starting to see some green today as investors realize these valuations are hitting levels we haven't seen in a long time. It feels like the "AI panic" is cooling off and being replaced by a "buy the dip" mentality.

Not investment advice. The author may have financial interests in the mentioned instruments.

3 Mentioned

MSFT

Microsoft

META

Meta Platforms Inc

NVDA

NVIDIA Corporation

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