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Time poor? Let Rask Media’s editor-in-chief curate your daily investment news and analysis. We select the most important news of the day, plus our favourite expert stories and columns to appear in this feed.

Moment of truth for the Magnificent Seven

According to CNBC, the ‘Magnificent 7’ as they are now known (replacing previous nicknames such as FAANG and FANGMA) have returned 92% on average through October 5, 2023. With the third quarter earnings season unfolding, investor expectations are high and the results will need to be strong to sustain such a rally.

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Moment of truth for the Magnificent Seven

According to CNBC, the ‘Magnificent 7’ as they are now known (replacing previous nicknames such as FAANG and FANGMA) have returned 92% on average through October 5, 2023. With the third quarter earnings season unfolding, investor expectations are high and the results will need to be strong to sustain such a rally.

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