2024-04-17 07:15:00 ET
Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) are two of the world's top tech companies. They're also two of the " Magnificent Seven " stocks, which account for nearly 30% of the S&P 500 's market capitalization.
But this year, Apple's stock declined 9% as investors fretted over its competitive, macro, and regulatory challenges. Alphabet's stock advanced 14% even as its advertising business cooled off and it suffered a major setback in the AI race. Will Alphabet continue to shake off the bears and outperform Apple this year?
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Better "Magnificent Seven" Stock: Apple vs. Alphabet