Tesla shares: after a fall in prices, there is a risk of relegation from the “Magnificient Seven” on the US stock market. Tesla shares have lost 25 percent of their market value since the beginning of the year.
Apple is one of the two laggards in the ‘magnificent seven’ group. The iPhone group is suffering from difficult business in China and the share price has fallen below the $3 trillion mark again. Never before has the influence of a single group been so high. Anyone who invests $1,000 in an ETF on the S&P 500 is buying into the great seven with under $300.