00:00 Speaker A
So, our call of the day is tech focus. Now, believe it or not, as a collective, and I mean a collective, the Magnificent Seven stocks, Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla, are pretty much flat year to date. In contrast, Chinese tech firms are up around 20% in 2025 so far. So, does this mean investors should shy away from these big US tech stocks? Well, it would be a pretty difficult to argue against those magnificent, Magnificent Seven, though. Take Nvidia, for example. It’s up over 17% this year alone, and trading around the $157 mark. Now, numerous analysts believe that still makes the stock seriously undervalued with many targeting $250 a share. Also, in May, these mega stocks roared back into life, having their best month in two years. However, it certainly seems wise to take a closer look at Chinese tech stocks at the same time. The recent rise in the share price was spurred on by Deep Seek’s artificial intelligence breakthrough. Chinese companies like Xiaomi, for example, are also making great strides in electric vehicles. But there is one major risk looming over all these stocks, and that’s whether a meaningful trade deal between the US and China can be reached.
