‘Magnificent Seven’ blows past a major threshold — but a few more marks must be crossed before tech is really back

Why did Microsoft lay off 3% of workforce? How will Trump’s tariffs impact U.S. inflation? What caused American Eagle to withdraw FY25 guidance? How does Nvidia’s Saudi AI deal affect its stock? Why is UnitedHealth CEO stepping down abruptly? What’s behind China-US 90-day tariff truce? How will 3M’s $450M water contamination payout affect them? Why are Nissan and Honda slashing jobs and profits? What impact will the Qatar jet gift to Trump have?

‘Magnificent Seven’ blows past a major threshold — but a few more marks must be crossed before tech is really back

marketwatch.com/story/magnificent-seven-blows-past-a-major-threshold-but-a-few-more-marks-must-be-crossed-before-tech-is-really-back-ae134a22

Positive tariff news between the U.S. and China pushed tech stocks up, but whether the move can be sustained depends on a few additional signals.

This story appeared on marketwatch.com, 2025-05-13 18:34:00.

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