@ZEROHERO:
$Amazon.com(AMZN)$ Mag7 Valuations: The rise in interest rates during the first seven months of 2023 should have punished growth stocks, yet technology — and especially artificial intelligence (AI) themes — have been the major winners in 2023, according to the BofA research. So is the tech sector, and what is now becoming known as the Mag7 stocks, entering bubble territory? Let’s take a closer look at how those Mag7 stocks have performed over the year: Nvidia (NASDAQ:NVDA) is up 219% to date Apple (NASDAQ:AAPL) is up 49% Amazon (NASDAQ:AMZN) is up 74% Alphabet (NASDAQ:GOOGL) is up 51% Meta Platforms (NASDAQ:META) is up 170% Microsoft (NASDAQ:MSFT) is up 55% Tesla (NASDAQ:TLSA) is up 95% ⚠️ Trading tips: looking at A