Time for the Magnificent Seven to step up to the plate? ...Middle East

In the past year, shares of Meta, Amazon, Apple, Nvidia, Alphabet, Microsoft, and Tesla have collectively soared more than 96%, leaving the 22.7% growth of the S&P 500 in the dust. Such impressive performance cannot continue forever unless these companies make another meaningful discovery (such as developing another artificial intelligence).In the meantime, one of the main risks for the top 7 stocks is that the corporate earnings growth train may slow with the global economy's slowing. This has led analysts to downgrade their expectations for the Magnificent Seven.Take Amundi, a European asset management giant with $2 trillion under management. They do not expect these large-cap stocks to ma

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Time for the Magnificent Seven to step up to the plate? ...Middle East

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