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Magnificent Seven: Tech Stocks Drive S&P 500 Growth

6/11/2025

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Story summary
  • The 'Magnificent Seven' tech stocks represent approximately 33% of the S&P 500 index.
  • Investors seek steady earnings growth amid regulatory and competitive pressures.
  • Nvidia excels in AI infrastructure, reporting a 73% revenue increase; Amazon's AWS is a crucial profit source.
  • Both Nvidia and Amazon are viewed as robust long-term investment options despite market volatility.