Amazon, Tesla drive Magnificent Seven surge on US-China trade deal

News of a temporary truce between the United States and China over punitive trade tariffs sparked a broad-based rally in US pre-market trading led by megacap technology stocks. The group known as the “Magnificent Seven”—Amazon, Apple, Meta, Microsoft, Alphabet, Nvidia, and Tesla—rose sharply in premarket trading, with Amazon and Tesla recording the largest gains. Amazon.com […]