Prosecutors argue Live Nation used its Ticketmaster ticketing monopoly to suppress competition, the latest in several actions to rein in the power of big corporations across America.
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the middle part of the second quarter of 2024 showed a big divergence of returns.
Meta stock started 2024 hot before a sharp pullback after its Q1 earnings report revealing big AI spending plans.