Stock Market Rally Widening

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The case for a 'Magnificent 7' resurgence: Morning Brief

Summary

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82% Informative

The broadening of the stock market rally has become a crucial theme during the second half of 2024 .

The recent push to new record highs has largely been about companies not named Apple (AAPL), Alphabet (GOOGL, GOOG ), Microsoft ( MSFT ), Amazon (AMZN), or Nvidia ( NVDA ) The Magnificent Seven are expected to see earnings grow by an average of 19% over the next five quarters .