Kathleen Brooks, an analyst at European Union financial brokerage XTB, said in a note that equity investors favoured tech and artificial intelligence-related stocks over defence stocks following the ceasefire announced in the Israel-Iran conflict. Apple, Amazon, Alphabet, Microsoft, Meta, Nvidia and Tesla, the seven leading tech stocks, or "Magnificent 7", will continue to rise.
"As the market focuses on artificial intelligence trading again, these seven companies are likely to lead the US stock market higher," Brooks said.
Agency: After the ceasefire between Iran and Israel, the seven giants of US stock technology will lead US stocks higher
2025-06-25 08:16:27
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