The ‘Magnificent Seven’ era is ending, says the Bank of America strategist who named it

The man who coined the term “Magnificent Seven,” which refers to seven high-performing tech stocks — Alphabet (GOOGL), Amazon (AMZN), Apple (AAPL), Nvidia (NVDA), Microsoft (MSFT), Meta (META), and Tesla (TSLA) — now believes its golden era is about to end, and that’s due to the AI battle driven by DeepSeek.

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​The man who coined the term “Magnificent Seven,” which refers to seven high-performing tech stocks — Alphabet (GOOGL), Amazon (AMZN), Apple (AAPL), Nvidia (NVDA), Microsoft (MSFT), Meta (META), and Tesla (TSLA) — now believes its golden era is about to end, and that’s due to the AI battle driven by DeepSeek. Read more…