In the aftermath of Tesla's substantial decline, the spotlight shifts to tech titans Microsoft, Alphabet, Amazon, Meta Platforms, Apple, and Nvidia. Expected to reveal a robust 53.7% Q4 earnings growth, excluding Tesla, these giants stand in stark contrast to the projected 10.5% decline for other S&P 500 companies. With a combined market cap approaching $12 trillion, their influence is undeniable. Investors tread cautiously in 2024, mindful of a challenging landscape, especially if the Federal Reserve diverges from expected rate cuts. As the Magnificent Seven navigate uncertainties, the tech sector reaches a pivotal moment, with their strategies and responses holding the key to industry trends in the coming months.
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