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It typically refers to the Big Five United States tech companies: Alphabet, Amazon, Apple, Meta, and Microsoft; [3] [4] [5] or the Magnificent Seven, which includes Nvidia and Tesla. [6] [7] [8] Big Tech can also include Chinese companies such as Baidu, Alibaba, Tencent, and Xiaomi .
Last year, Nvidia was the top-performing Magnificent Seven stock-- with shares climbing 171% and the company's valuation gaining more than $2 trillion! NVDA Chart NVDA data by YCharts
As of this writing, The Magnificent Seven have a combined value of $17.3 trillion, which accounts for 32.5% of the total value of the entire S&P 500. ... Each of the Magnificent Seven companies ...
Tesla’s stock fell 5% on Monday, the biggest drop for any member of the so-called Magnificent Seven—the largest companies in the U.S. by market capitalization.
Fast-forward to November 2024, and you'll still find these seven companies at the very top of the market. They were among the 10 largest American stocks by market cap in the spring of 2023. By now ...
The group’s seven stocks earned their name in 2023 due to their strong performance. ... The Magnificent 7 stocks are a group of mega-cap stocks that drive the market’s performance due to their ...
Big Tech's strong performance versus the S&P 500 is often attributed to the success of the "Magnificent Seven" stocks.But it's really about three names this time around. Nvidia (), Meta (), and ...
In addition to being leading tech stocks, the Magnificent 7 also represent the seven largest stocks in the S&P 500, collectively making up more than 25% of the entire index: ... But the company, ...