Magnificent 7: how big tech stocks have moved since selloff sparked by recession fears – Seeking Alpha

In the wake of the recent selloff sparked by recession fears, the big tech stocks have been making some notable moves. Known as the Magnificent 7 in the market, these tech giants have been closely watched by investors and analysts alike.

Despite the initial dip in stock prices, companies like Apple, Amazon, and Microsoft have shown resilience and have started to bounce back. Apple, for example, has seen a steady increase in its stock price as it continues to innovate and release new products. Amazon has also been performing well, with its e-commerce business thriving and its cloud services division seeing strong growth.

On the other hand, companies like Facebook and Google have faced some challenges, particularly with increasing regulatory scrutiny and concerns over data privacy. However, both companies have been working on addressing these issues and have shown signs of improvement in their stock prices.

Overall, the big tech stocks have been able to weather the storm caused by recession fears and are slowly but surely recovering. DailyBubble believes that these companies will continue to be solid investments in the long run, thanks to their strong fundamentals and innovative business models. Investors should keep a close eye on these Magnificent 7 as they navigate through the ever-changing market landscape.