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Big Tech Earnings Rush: Markets continue to bet on AI
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FANG, FAANG, and the Magnificent Seven YTD (1 Jan to 2 Feb 2024) performance is over 8%!

Hello Mooers,

A short overview of equal weighted FANG, FAANG, and the Magnificent Seven YTD performance (1 Jan to 2 Feb 2024), rounded to 5 decimal places.

FANG 16.2725%
FAANG 12.324%
Magnificent Seven 9.17571%

A quick overview of the stocks and their YTD performance inside FANG, FAANG, and the Magnificent Seven is provided below.

FAANG
Meta Platforms 34.19%
Amazon 13.08%
$Apple (AAPL.US)$ -3.47%
Netflix 15.97%
Alphabet-C 1.85%

Magnificent Seven
Meta Platforms 34.19%
$NVIDIA (NVDA.US)$ 33.6%
Amazon 13.08%
$Microsoft (MSFT.US)$ 9.36%
Alphabet-C 1.85%
Apple -3.47%
$Tesla (TSLA.US)$ -24.38%

Do you think FANG, FAANG, and the Magnificent Seven YTD will continue to rise next week (5 Feb to 9 Feb 2024)?


That's all for today, and always remember to DYODD (Do your own due diligence) when making any kind of investment.

Thank you and adios!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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