Michael Hartnett's original highlighted both the power and risks of investing in these tech giants. Diversification is crucial because the Magnificent Seven stocks create a concentrated market risk.

Investment strategist Michael Hartnett in the brokerage’s “Flow Show” note pointed out its Global Breadth Rule was heading toward a contrarian sell signal. The sell signal will be set off ...

Bank of America strategist Michael Hartnett coined the term "Magnificent 7" stocks for the most dominant tech companies. The group is made up of mega-cap stocks Apple (AAPL), Alphabet (GOOGL ...

Quitting an initiative two years in and restarting from scratch is never easy, but sometimes it is necessary, according to ...

according to Bank of America Corp. strategist Michael Hartnett. Price action in the past week shows banks, small-cap stocks ...

Wall Street Shifts To 'Bossing The Fed Into Big Rate Cuts' After Bank Of Japan's Policy U-Turn, Analyst Says 'Old School Summer Risk-Off:' VIX Up Over 50%, Nasdaq 100 Enters Correction, Chipmakers ...

In 2023, Bank of America analyst Michael Hartnett began using the phrase "Magnificent Seven" to describe these stocks, borrowing from the 1960s ensemble Western movie of the same name. Besides ...

A whopping $20 billion flowed into US equity funds on Wednesday, the day Donald Trump claimed a decisive victory in the ...

Bank of America's Michael Hartnett has been one of Wall Street's biggest bears over the past year. But in a Friday note, Hartnett outlined potential factors that could flip him from bearish to ...

Dr. Michael Mirilashvili, President and owner of Israeli company Watergen Ltd., was chosen by the business magazine CIO Today as one of the top five innovative business leaders to watch in 2024.

Michael Smith, a seasoned executive specializing in technical program leadership and direction, has been elevated to chief ...

These days, the downsides envisioned by Bank of America executive Michael Hartnett are clearer than ever. This group of tech giants has controlled the value of the S&P 500 (SNPINDEX: ^GSPC ...