The “Magnificent Seven”—Apple, Amazon, Tesla, Microsoft, Meta, Nvidia, and Alphabet—are stocks known for their skyrocketing climb in 2023, leaving the rest of the S&P 500 in the dust. But now, Tesla’s in the red after falling 25% in the last four weeks. So why are these technology companies so important to the stock market?
WSJ’s Gunjan Banerji explains what Tesla’s slide says about this elite group of tech stocks and why investors are concerned.
Chapters:
0:00 Big tech stocks
0:40 Why these stocks are important
2:21 Tesla
3:18 AI in the stock market
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day’s biggest stories into bite-size pieces to help you make sense of the news.
#Tesla #Stocks #WSJ
It’s going to the Moon 🌕 🚀
It says one thing.. one by one, western products will be replaced by Chinese products.
A better quality product, more advance in features and cheaper price.
Just look at BYD, you ain't seen nothing yet..
In 2-3 years, BYD will be blow your mind when put next to Tesla.
NVIDIA will suffer the same against SMIC and Huawei Chipset..
The 9600C is a 5nm chipset and coming out this year..
Another 3-4 years it will match the 3nm chipset…
And in 6-7 years, completely crushed any chipset from the West.
China is an unstoppable juggernaut.
If these 7 companies represent all there is in stocks market we are doomed
All of them are over hyped, over inflated
Tesla is finding out that the company is in fact nothing more than another car manufacturer, and the margins in this industry are thin.
Lies, invest on tesla, and you'll be rich in 3 years max.
After Tesla's Hertz debacle and people catching on that the self driving cars are not coming any time soon, even $180/share seems ridiculously inflated. There is more competition now so they won't be able to get away with selling their cars that are prone to breaking down at 50%+ markups. People don't want to pay double for an inferior product.
Cyber truck will hurt Tesla investors hard it was a slap up show from the start to raise more capital to inflate Teslas value before the competition could dilute it and now the competition has retracted ev forecast for now. Who will end up holding the bag of loss
oh please, there use to be FAANG then Netflix crashed and now they call it Magnificent 7. If Tesla crash like netflix, they'll just call it The Ridiculous 6. People are making up these words and grouping hottest stock together, there's no consequence if some stop being fan favorites -.-
Why would you even worry about this? Just ignore these stocks and buy value stocks until these 7 are fairly valued again.
I feel like people who are really just are salty, cause they missed out let go of good opportunities like to shout out "bubble" all the time. The amount of times i hear the buzzword "bubble" from people with little knowledge or just super conservative investors…. man what do people say: If i had a dollar for every time someone said that 😉
Nobody cares about Tesla being a tech or Car company/Stock. What we care about is the esrnings' growth of any company; be ut Tesla, Mesla, Apple, Mango or Strawberry, Ford or bored!
Maybe Tesla is the outlier because it’s a the only one of them that’s not a tech company. The tech part (self driving) fails to deliver and the auto part is falling behind. It makes sense that it is an outlier within the group of the real tech companies.
Ms Gunjan Banerjr is hot and pretty at the same time!
muskito meltdown
I kinda agree to many ppl are choosing AMZN as their "Stock of the yr". But my question is what stocks can be the next APPL in terms of growth for the next decade? I've set asides 500k to invest and my goal is to retire comfortably rich.
Tesla should flood the market with cheap cars now… before the chinese lay down its nagic to the world …🤐🤑
people have been saying tesla is a bubble way back when i enrolled in college about 13 years ago
Tesla was exposed this year. Nobody wants a car that can't run in the cold. And the stories about super expensive battery repairs keep getting worse. People are starting to prefer hybrids over all electric. Also the charging infrastructure build out is not happening as fast as predicted. All bad for Tesla.
Roughly £120k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve while creating a portfolio that balances my concerns of risk and returns that meet yearly inflation.
She says nothing new.
Tesla is a tech company.
the yield on bonds have decreased especially on the long end (30 and 10 Y) indicating that the demand is still there even if the supply remains huge showing a preference for safety. I'm still at a crossroad regarding whether or not to liquidate my $138k
Amazon is reducing circulating supply of SHIB currency. SHIB Worldwide 50/50 Raffle has links to prove this with every single transaction and the fact that SHIB is reducing circulating currency supply every single day.
1st step is did you educate the world about SHIB? How to avoid paying capital gains tax. People don’t get division at all 589/2 = ?/2=?/2 isn’t this the same as double it $0.01 every single day how much would it take to reduce SHIB to 50 million in circulating supply of SHIB’s?
Musk is nuts, an organisational liability …. needs to be pushed
Tesla is just a carmaker, to think it is a tech company is just an idiot idea. It is closer to Audi than to Microsoft or Apple.
Their turn will come.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
How fragile the American and Western economy is!
Just see how the Chinese competitor of Tesla brought Tesla down. This could happen to any other company in the US.
The US would try to use excuses to sanction those companies to slow down this trend but it is inevitable.
China is going up and the West doesn't have the means to compete
I kinda agree to many ppl are choosing AMZN as their "Stock of the yr". But my question is what stocks can be the next APPL in terms of growth for the next decade? I've set asides 500k to invest and my goal is to retire comfortably rich.
I kinda agree to many ppl are choosing AMZN as their "Stock of the yr". But my question is what stocks can be the next APPL in terms of growth for the next decade? I've set asides 500k to invest and my goal is to retire comfortably rich.
I just sold a property in Ohio and I'm thinking of putting the cash in stocks maybe BTC & USDT, Is this a good time to buy? How long until a full recovery? How are other people in the same market raking in over $200k gains with months?
Call it Mag 7 index😂
So why do you only talk about the down side of Tesla. Such skewed reporting! Whatever happened to to balance?!
I’ve had majority of my holdings in tech stocks making about 65% of my $800k portfolio and I've done pretty well, especially with Apple’s P/E (price to earnings ratio) but with much uncertainty now, my question is what stocks can be the next APPL in terms of growth for the next decade?
Clearly just anti Tesla propaganda
the yield on bonds have decreased especially on the long end (30 and 10 Y) indicating that the demand is still there even if the supply remains huge showing a preference for safety. I'm still at a crossroad regarding whether or not to liquidate my $138k
VanEck B T C ETF agrees to pay $1.75 million to settle SEC charges of failure to disclose social media stock influencers. SMCI experienced an astonishing surge of 6000% within a mere three years following its delisting due to stock fraud. Shockingly, the CEO, Charles Liang, deceived investors with false statements
Investors have just turned back the clock on the Fed’s tightening campaign and cast aside the Fed fears that ruled them for 15 months. It just gets very daunting to me when I’m sitting there looking at charts and trying to determine if i’m right or wrong! I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any suggestions
Tesla is overhyped. Their cars and not even good because Elon make poor decisions. He is not an engineer that he claims
TSLA is unrelated to the fundamentals of the company, they have enough cash to mess around for a while.
The difference is everything Musk touches is failing. He's the Trump of tech. Tesla is just taking longer because of the giant capital that was put in.
It's another Musk scam.
Remember that all stocks/companies have ups and downs. You gotta ride the wave sometimes. Remember when Apple stock was in the toilet? Look at it now.
Hello my dear friend! thank you for the cool video! keep filming! I'll wait for new videos
This is inaccurate because the other corporations was carrying the s and p before Tesla. Even if Tesla fall off it won't have any effect. Now if Apple or Facebook start to fall, that's a problem
Anyone who thinks Tesla is a car company shouldn't be investing…
I bought NVIDIA around September last year because my financial advisor recommended it to me. He said the company is selling shovels in a gold rush. It accounted for almost 80% of my market return this year.