24Business

Mag 7? More like ‘Mag 1’ as Nvidia dominates the megacap club in 2024


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The “Magnificent Seven” club of megacap tech stocks played a huge role on Wall Street in 2024, with the group averaging gains of around 57% last year and surpassed the benchmark S&P 500 (SP500) ~23% climb up.

According to the SA analyst Stuart



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