After Tesla’s dismal quarter, more of the Magnificent Seven face tests next week | CNN Business

New York CNN  — 

Tech behemoths will face their next test to keep the market’s throne this week, after a bleak quarter from Tesla sent its stock sliding.

Tesla shares have tumbled more than 26% so far in 2024 after the electric-vehicle maker reported a fourth-quarter operating margin that has almost halved to 8.2% from the year-earlier period. Tesla also warned that it expects slower sales growth this year.

That comes as the rest of the “Magnificent Seven” — Nvidia, Microsoft, Meta Platforms, Amazon, Apple and Alphabet — continue climbing higher. Nvidia, Microsoft, Meta Platforms and

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