While the rich and powerful on Wall Street discuss when, or even if, the Federal Reserve will slash interest rates to supercharge the stock market, investors in one of the hottest areas of the market are selling first and asking questions later. That hot sector is none other than the Magnificent 7 – aka the Mag 7 – comprised of top tech companies #Microsoft, #Amazon, #Meta, #Apple, #Alphabet, #Nvidia and #Tesla. These investor favorites have come under pressure as market players dial back hopes for rate cuts in 2024.

So what’s your best trade right now on these often money makers? Yahoo Finance Executive Editor Brian Sozzi is joined on Episode 2 of Opening Bid by Truist Co-Chief Investment Officer Keith Lerner and Yahoo Finance Senior Reporter Ines Ferre who share their inside perspective.

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