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Apple, Tesla and Nvidia were among 2023's 'magnificent seven' stocks – here's what to expect from them all in 2024

  • Written by Karl Schmedders, Professor of Finance, International Institute for Management Development (IMD)

In the 1960 western The Magnificent Seven, a group of seven gunfighters protect a village from bandits. Only three survive to ride out of town at the end of the movie. The odds look much better for the seven tech companies recently dubbed the magnificent seven after dominating US stock markets in 2023. But there are problems that could ambush some...

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  6. Interest rates have stopped rising, but 2023 hikes could still cause recession for some economies
  7. How government payments to the vulnerable can multiply to create economic growth for everyone
  8. when companies collaborate with unions, industrial action can benefit business
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