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 ...
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BofA Strategist Hartnett Sees U.S. Stock Market's Global Dominance Fading
Equity markets including Brazil, Germany, the UK, China and Canada have all yielded higher returns than Wall Street’s S&P 500 year to date, noted strategists including Michael Hartnett. That’s as the ...
International stocks outperforming U.S. stocks as U.S. exceptional theme nears peak: BofA
International stocks are outperforming U.S. stocks in early 2025 as the U.S. exceptional theme nears a peak, BofA says. Read ...
The days of US stock outperformance are over as DeepSeek threatens AI returns, Bank of America warns. These 2 'quiet' trades are 'breaking with upside' instead.
"DeepSeek means peak in AI capex return expectations," says Bank of America's top global strategist Michael Hartnett.
Strategist Who Coined the Magnificent Seven Warns US Tech Is Set to Lag
US big tech stocks are set to become the “Lagnificent 7” this year, Bank of America Corp.’s Michael Hartnett warned, ...
RBC Bearings projects mid-teens aerospace growth for FY2025, targets strong defense demand
Q3 2025 Management View CEO Michael Hartnett highlighted a 5.5% increase in net sales to $394 million, supported by strong ...
Tech giants to turn into ‘Lagnificent 7’ as U.S. exceptionalism peaks, say Bank of America strategists
The grouping of tech stocks that have powered markets called the Magnificent Seven are set to start lagging the market, a ...
U.S stock-market outperformance to end? Bank of America, says, fiscal slowdown and lower immigration rates pose risks; DeepSeek to challenge tech-stock valuations
Bank of America's top strategist Michael Hartnett suggested that US stocks might stop outperforming global markets due to ...
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RBC Bearings Stock Gets Price Target Hike From Morgan Stanley: Retail Believes It Might Be Buying Opportunity
Shares of RBC Bearings Inc. (RBC) drew retail attention on Tuesday after Morgan Stanley raised its price target on the stock ...
BofA's Hartnett says US exceptionalism is 'peaking'
BofA strategists led by Michael Hartnett said that “US exceptionalism is peaking. US equities raked in $1.2 trillion in ...
Earnings call transcript: RBC Bearings Q4 2024 beats EPS forecast, stock surges
Incorporated reported strong financial results for the fourth quarter of 2024, surpassing Wall Street expectations. The ...