NASDAQ:SMPL

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Simply Good Foods Stock Sees Move; Tuesday on Watch

Simply Good Foods shares closed at $11.86 Friday, up 2.24%, capping a volatile week ahead of the Memorial Day market closure. The stock remains under pressure after April’s weak earnings and a lowered 2026 outlook, despite recent cost cuts and new Quest Nutrition product launches. Trading resumes Tuesday.

May 23, 2026

ASX Investors Face Hidden Overexposure to US 'Magnificent 7' Tech Giants
May 29, 2026, 8:06 PM EDT. Many Australian investors may unknowingly hold significant stakes in the US tech giants known as the 'Magnificent 7'-Microsoft, Amazon, Alphabet, Meta Platforms, Apple, Tesla, and NVIDIA. These companies dominate various US exchange-traded funds (ETFs) like BetaShares Nasdaq 100 (NDQ), Schwab U.S. Large-Cap Growth (SCHG), iShares S&P 500 (IVV), and others widely held in Australia. In addition, large positions in listed investment companies (LICs) such as MFF Capital and ETFs like VanEck Morningstar Wide Moat (MOAT) further increase exposure. Superannuation funds also typically include these stocks, amplifying collective investment risk. Investors should audit their portfolios to understand the extent of their indirect and direct holdings in these tech behemoths amid their growing market dominance.