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There had been hope that in 2024, the rally that fueled the "Magnificent Seven" stocks, Nvidia (NVDA), Alphabet (GOOG, GOOGL), Tesla (TSLA), Microsoft (MSFT), Amazon (AMZN), Meta (META), and Apple (AAPL), would broaden out and give other stocks a boost too. That didn't happen. Yahoo Finance Josh Schafer not only breaks down the data in the video above.
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This post was written by Stephanie Mikulich.