Glen Smith: Market broadening beyond Magnificent 7, advises buying on dips
Glen Smith, GDS Wealth Management CIO, notes the market is broadening beyond tech giants. He suggests dollar-cost averaging into positions amidst current volatility, seeing opportunities in other sectors like healthcare and financials.
Apple raises iPad and MacBook prices as memory chip costs surge
Apple raised prices on iPad, MacBook Air, MacBook Pro, HomePod, and Apple TV as memory and storage chip costs surge amid AI industry growth.
Lesley Marks: Time to trim Magnificent Seven stock positions
Lesley Marks, Mackenzie Investments CIO of Equities, discusses the weakening momentum of some Magnificent Seven stocks. She notes that increased capital expenditures are impacting free cash flow, leading to equity issuance instead of buybacks.
Musk's SpaceX surges past Amazon in market cap after historic IPO debut
SpaceX soared past Amazon's $2.66 trillion market capitalization on Tuesday as its momentum continued in the wake of its record-setting IPO on the Nasdaq last week.