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Tarnished Magnificent 7 Stocks Rebound Faces Test With Earnings


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Published in Stocks and Investing on Wednesday, April 30th 2025 at 13:41 GMT by Reuters   Print publication without navigation

  • As a whole, the Magnificent Seven's median forward P/E ratio has fallen to 26.8 from 31.2 at the end of 2024, according to LSEG Datastream. The group's median P/E fell as low as 22.2 earlier this month. The overall P/E for the S&P 500 was recently at 20. The Magnificent Seven is a "barometer" for risk appetite, Hogan said.

The article from MSN discusses the challenges faced by the "Magnificent Seven" tech stocks, which include companies like Apple, Microsoft, and Amazon, as they approach their upcoming earnings reports. These stocks, which have significantly driven the S&P 500's performance in 2023, are now under scrutiny due to high valuations and concerns about their future growth. The article highlights that while these tech giants have rebounded impressively, their ability to maintain this momentum will be tested by their earnings, with particular attention on whether they can justify their lofty valuations amidst a backdrop of rising interest rates and economic uncertainty. Investors are keenly watching for any signs of weakness that could impact the broader market, given the significant influence these companies have on major indices.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/money/topstories/tarnished-magnificent-7-stocks-rebound-faces-test-with-earnings/ar-AA1DUpKX ]

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