Wall Street Turns Against 'Magnificent 7' Stocks After Worst Earnings Season Since 2022, Investors Eye Gold Miners

The 'Magnificent 7' stocks, which have been a mainstay for investors on Wall Street, are currently facing challenges following their worst earnings season since 2022. Analysts are noting a growing skepticism among investors, with reports indicating that the stocks may no longer hold the same appeal. This shift in sentiment may lead Western investors to reconsider their positions, potentially diverting interest towards gold and silver miners, which have been underperforming despite a rising gold price. Financial outlets are advising investors to reassess their holdings in these stocks as the market landscape evolves.