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Magnificent 7: The Week of March 29 to April 4, 2024

A weekly update on tech's so-called Magnificent 7.
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In a week marked by fluctuations across the board, the 'Magnificent 7' tech giants showcased resilience, volatility, and strategic maneuvers in the face of global economic uncertainties. Here's a closer look at the performance and pivotal movements of Alphabet Inc., Microsoft, Apple,, NVIDIA, Tesla, Inc., and Meta over the past week.

Alphabet Inc. (GOOG) Shows Modest Growth

Alphabet Inc. ended the week on a positive note, with a slight increase of $0.58, closing at $152.58, a growth of 0.38%. This modest uptick reflects investor confidence in Alphabet’s ability to innovate and expand its reach in the digital ecosystem amidst the competitive landscape and regulatory scrutiny.

Microsoft (MSFT) Experiences a Dip

Microsoft's stock witnessed a decrease of $2.92, settling at $417.88, marking a 0.69% drop. This decline underscores the challenges Microsoft faces, including navigating through the competitive cloud computing arena and regulatory hurdles, despite its aggressive expansion and investment strategies.

Apple (AAPL) Sees a Notable Decline

Apple’s shares took a hit, decreasing by $2.98 to close at $168.89, a 1.73% fall. The drop reflects concerns over Apple's supply chain vulnerabilities and market saturation challenges, despite the tech giant's continuous efforts to innovate its product lineup and services. (AMZN) Holds Steady's performance remained nearly flat, with a minor decrease of $0.05, ending the week at $180.04, a change of just 0.028%. This stability signals Amazon's enduring dominance in e-commerce and its successful diversification into other sectors like cloud computing and digital streaming.

NVIDIA (NVDA) Faces Significant Pullback

NVIDIA saw a sharp decline of $40.95, closing at $859.00, a significant 4.55% drop. This substantial decrease highlights the volatile nature of the semiconductor industry, affected by supply chain disruptions and fluctuating demand for high-performance computing and gaming hardware.

Tesla, Inc. (TSLA) Under Pressure

Tesla, Inc. experienced a decrease of $6.19, finishing at $171.22, a 3.49% reduction. This downturn reflects ongoing concerns over production challenges, competition in the electric vehicle market, and regulatory scrutiny, despite Tesla's continued innovation and expansion efforts.

Meta (META) Surges Ahead

Meta emerged as the week's standout, with a significant increase of $18.09, closing at $510.92, up by 3.67%. This surge indicates strong investor optimism towards Meta's strategic direction, including its investments in virtual reality, augmented reality, and efforts to revitalize its advertising and content platforms.


The past week's stock market performance among the tech titans paints a picture of cautious optimism mixed with strategic challenges. As these companies navigate through market dynamics, regulatory landscapes, and innovation hurdles, their movements offer critical insights into the broader tech industry's future trajectory and investment potential.


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