The Magnificent Seven Faces a Correction: Tesla Struggles as Tech Giants Retreat

In recent market movements, the prominent tech stocks dubbed the "Magnificent Seven" have seen a notable retreat into correction territory. This shift has been particularly apparent as market sentiment changes, with Tesla Inc. being one of the most affected players in this group. The tech sector, which once thrived in a bullish market, is now navigating turbulent waters, leading to significant fluctuations in stock valuations.

Continue reading