By: Josh Lipton, Stephanie Mikulich
The Magnificent Seven and Big Tech stocks dominated the markets this year. But what's in store for 2024? Citi Director of Internet Equity Research Ygal Arounian joins Yahoo Finance Live to discuss his outlook for internet stocks next year. Arounian expects another strong year for internet stocks for several reasons, including strong fundamentals, potential Federal Reserve rate cuts, and a recovery in consumer spending.