Jay Woods, Chief Market Strategist at Freedom Capital Markets, updated his favorite Magnificent Seven stocks mid-2026, replacing Tesla with Nvidia. Woods remains bullish on Alphabet, citing its strong fundamentals and prefers it over Verizon in the Dow Jones Industrial Average. He exited Tesla after it fell below $420, expressing caution despite merger rumors with SpaceX. Nvidia's recent price weakness presents a buying opportunity, supported by strong revenue growth and solid fundamentals. Woods views Alphabet and Nvidia as core holdings with longevity, while Apple is seen as a longer-term growth play.
The market is increasingly skeptical about Google's declining free cash flow margins due to heavy AI investments. However, an investing group leader argues this is an overreaction, highlighting Google's strong position and aggressive AI integration a...
US stocks face pressure from rising oil prices, new tariffs, and higher Treasury yields, causing volatility and weak tech sector performance. The Dow Jones remains bullish above 50,000 with a potential rally to 55,000 if it breaks 52,500, supported b...
Conservative activist Robby Starbuck won a legal victory as a Delaware court allowed his defamation lawsuit against Google to proceed. Starbuck alleges Google's AI programs falsely portrayed him with damaging accusations, including sexual assault, to...
Waymo and Uber's exclusive partnership for robotaxi rides in Austin and Atlanta will end in early 2028, as Waymo plans to launch its own app in these cities. This change reflects Waymo's growing presence in the robotaxi market across multiple U.S. ci...
Yields on bonds climbed this week after Alphabet increased its capital expenditure forecast for AI development, sparking fears that other major tech companies like Amazon and Meta will follow. Fixed-income investors are demanding higher credit spread...
