Mag 7 stocks record best month in 2 years, but they still face risks, says deutsche bank
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The Magnificent 7 stocks - Amazon.com, Apple, Alphabet, Meta, Microsoft, Nvidia, and Tesla - as a cohort jumped 13.4% in May. That was the Mag 7's best month since May 2023, according
to Marion Laboure and Camilla Siazon, strategists at Deutsche Bank. It was a helped by easing trade tensions and U.S. President Trump's Middle East tech deals, they say. Specific boosts
included Elon Musk's decision to spend less time on politics, which lifted Tesla shares.