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Wedbush Analyst Expects Magnificent Seven Stocks to Significantly Outperform in H2 2026

2026-06-30 15:27:58

According to Wedbush's Global Head of Tech Research Dan Ives, speaking Tuesday, the Magnificent Seven stocks are expected to significantly outperform in the second half of 2026, with earnings season serving as a "huge validation moment" for big tech. Ives noted that AI investments by Meta Platforms, Microsoft, Alphabet, and Amazon are backed by clear long-term business strategies rather than speculative spending. The Roundhill Magnificent Seven ETF (MAGS) has shed around 9% over the past month and 2% year-to-date, though retail sentiment on Stocktwits remains in "extremely bullish" territory.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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