What now for tech stocks after AI helped 'Magnificent Seven' dominate 2023? The 'Magnificent Seven' includes Apple, Amazon, Alphabet, and Microsoft Interest rate rises have hit small and mid-cap tech firms to a larger extent Many analysts believe central banks will reduce interest rates next year By Harry Wise Updated: 02:30 EST, 23 December 2023 e-mail View comments If you were to describe the technology sector in 2023, a classic 1960s movie set in 19th-century Mexico would probably represent an accurate analogy. 'The Magnificent Seven' is how Michael Hartnett, Bank of America's chief investment strategist, described the crème-de…
What now for tech stocks after AI helped 'Magnificent Seven' dominate 2023?
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