Paul and Mo dive into the turbulent journey of the Magnificent Seven, the top seven hype companies that have collectively lost a staggering $2 trillion in market value, dropping from $12.5 trillion to slightly over $10.5 trillion. We scrutinize the recent performance of these companies, with Tesla plummeting by 29.3%, Nvidia down 17.3%, and others facing similar challenges. We emphasize the significance of separating stock prices from a company's actual value and discuss the impact of the impending Fed meeting. It's a rollercoaster ride, and we invite you to join us on this analytical journey to make informed investment decisions.
👀 Watch our Stock Market for Beginners Series. This series is your complete guide to getting started investing in the stock market correctly so you can avoid 99% of investor mistakes. We will teach you the basics of investing, setting up your brokerage account, and buying your 1st stock.
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