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Investors who spent the past two years chasing the AI trade through Magnificent Seven stocks would have made far more money buying a company that turns crude oil into fuel. Valero Energy Corp. (NYSE: VLO ) traded at $415 on Friday morning after setting a fresh record intraday high of $416.66. The stock has now rallied
Future Fund’s Gary Black said Broadcom trades at a lower valuation than the Magnificent Seven after its post-earnings drop. He called AVGO the cheapest of the “Mag 8” on 2026 P/E versus long-term EPS growth at 0.9x.
Anthropic’s revenue increased 14x in Q2 from a year ago to $11.5B, while the piece also flags a Chinese AI system targeting Nvidia’s CUDA moat and mixed early money flows in major tech names.
Senators from across the aisle have reportedly sent a letter to Apple Inc. (NASDAQ: AAPL ) CEO Tim Cook, urging the company to refrain from using memory chips from ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Corp (YMTC) in its devices, even if the products are meant solely for the Chinese market
U.S. equities clawed back Wednesday’s post-Fed losses by midday Thursday, with a blowout cloud print from Microsoft Corp. (NASDAQ: MSFT ) reviving the artificial intelligence trade and dragging beaten-down semiconductor names sharply higher. The Nasdaq 100 led with a 3.1% advance, though a 19-year high in long-dated Tr
AAPL +3.5% AMZN +3% MSFT +3.25% GOOGL +3.25% META +2.9% among leaders as rotation back into large cap tech with semis SOX taking breather for the day -3.5%
The Government of India has expressed concerns over Meta Platforms Inc. (NASDAQ: META ) introducing usernames on its messaging platform, WhatsApp, citing a potential increase in cybercrime. Meta suffered a significant legal setback after a federal judge allowed most claims in a lawsuit brought by 29 state attorneys gen
Technology-focused ETFs could face increased uncertainty after hedge funds recorded their largest weekly selloff of U.S. information technology stocks since Goldman Sachs began tracking the data in 2016, raising questions about whether institutional de-risking could spill over into passive investment vehicles. Accordin
The Roundhill Magnificent Seven ETF (MAGS) has plunged by 13.47% from its year-to-date high, with outflows jumping to over $607 million in the last six months