One perhaps surprising Magnificent Seven stock has the clearest path to doubling by 2030. AI tailwinds could propel several of the stocks to 100% or more gains.

Cloud infrastructure providers received some favorable pricing news. A closely followed stock index welcomed Alphabet.

"We allege that ​Amazon AU included multiple unfair terms in its contracts with Australian annual Prime subscribers," said the Australian Competition ​and Consumer Commission. The ACCC is seeking consumer redress, penalties, costs, declarations and other orders.

Jed Ellerbroek talks about the latest market moves in the tech sector, highlighting companies Meta Platforms (META), Microsoft (MSFT), Alphabet (GOOGL) and Amazon (AMZN). He says these firms are generating strong returns on their data center investments and are well positioned for continued performance.

As America celebrates its 250th anniversary, history favors stocks. The S&P 500 boasts a 10-year July win streak and a 3.5% average return. Looking to bounce back from a volatile June, market fundamentals remain strong, with analysts projecting S&P 500 earnings to grow by 24% in CY 2026. Gains could broaden beyond big tech, with eight sectors forecast to deliver double-digit earnings growth this year.

Another challenge to the Amazon Kindle-Goodreads book tracking empire has emerged.

Tech stocks are back on the rise after a slump last week, and Amazon is leading the way.

I've been bullish on the AI CapEx trade for a while, but this rotation is forcing me to reassess nearly every position I own. The Mag 7 are now a drag on the indices.

Amazon.com Inc (NASDAQ:AMZN) shares rose nearly 4% in trading on Monday following reports indicating stronger-than-expected consumer demand during its extended Prime Day event, which took place from June 23 to June 26. According to data from Adobe Analytics shared with Retail Dive, US online retail spending over the four-day period reached approximately $26.4 billion, marking a 9.3% increase compared with the same event last year.