Are LVMH, Nestle, L’Oreal and Hermes Europe’s alternative to Microsoft, Apple, Nvidia and Tesla? Stocks Much has been made of the 'Magnificent Seven' tech stocks - Meta, Apple, Amazon. Alphabet, Microsoft, Nvidia and Tesla - which have dominated the US market amid a boom in demand for AI and, until recently, more optimism over potential interest rate cuts.
European stagnation showing up in company results as continent falls behind US rivals Markets According to analysis from Liberum, S&P 500 listed firms who have reported results for the fourth quarter have seen revenue growth of 3.7 per cent year-on-year.