CNBC Magnificent 7 Index

Megacap tech gets new BlackRock ETF

 BlackRock’s iShares is trying to appeal to investors who want to diversify beyond from the so-called Magnificent Seven. The firm…

KKM Financial’s Essential 40 stock fund is now an ETF

The Nasdaq MarketSite in New York, US, on Monday, Sept. 16, 2024.  Yuki Iwamura | Bloomberg | Getty Images KKM…

Is the U.S. stock market too ‘concentrated’? Here’s what to know

The U.S. stock market has become dominated by about a handful of companies in recent years. Some experts question whether…

This ETF aims to capture China’s own ‘Magnificent Seven’

Roundhill Investments wants to mimic the success of its Magnificent Seven ETF (MAGS) in China. The firm’s CEO Dave Mazza…

Fed must get ‘more aggressive’ with rate cuts due to weakening jobs market, Canaccord’s chief market strategist says

The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony…

Two fresh ways to play the weight loss and megacap tech hype

A major exchange-traded fund provider is going deep on two popular plays: megacap tech and weight loss drug stocks. In…

Stock market bubble? Analysts explain why they’re not worried

Despite the heavy concentration of the U.S. market rally in expensive, AI-focused tech stocks, analysts say Wall Street is not…