The term “Magnificent Seven” was first coined in 2023 to describe the seven dominant U.S. technology stocks leading the stock market. The term quickly gained traction among investors and financial media as these stocks accounted for a historic concentration of market capitalization and performance within the S&P 500.
Alphabet
Alphabet is the global leader in online search, digital advertising, and data-driven innovation powering platforms like Google and YouTube that shape how the world accesses information.
Amazon
Amazon dominates global e-commerce and logistics, while Amazon Web Services (AWS) sets the standard in cloud computing, powering businesses, AI workloads, and digital transformation worldwide.
Apple
Apple is a global icon in consumer electronics, redefining smartphones, wearables, and digital ecosystems through its design, hardware-software integration, and brand loyalty.
Meta Platforms
Meta is a powerhouse in social media (Facebook, Instagram and WhatsApp) and digital engagement, driving trends in online communication, targeted advertising, and the development of the metaverse and virtual reality technologies.
Microsoft
Microsoft leads in enterprise software and cloud computing with Azure, while also accelerating AI innovation across productivity tools, infrastructure, and the global tech ecosystem.
NVIDIA
NVIDIA powers the AI revolution with industry-leading GPUs used in machine learning, autonomous systems, gaming, and high-performance computing across data centers and edge devices.
Tesla
Tesla is transforming the future of transportation and clean energy with leadership in electric vehicles (EVs), battery technology, and sustainable innovation across the automotive sector.
The Magnificent Seven stocks—Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla—represent the driving force of innovation in the global economy.
S&P 500 Makeup
As of 10/20/2025
Remaining 493
Magnificent 7
83%
17%
79%
21%
75%
25%
81%
19%
73%
27%
71%
29%
Source: Bloomberg
The Rise of the Magnificent 7
Investors have long grouped stocks with similar traits like strong growth, market leadership, or sector influence to capture key trends in the market. These groupings often define an era and serve as shorthand for investor focus or economic sentiment at the time.
The Magnificent Seven are the latest and arguably the most influential stock grouping yet, reflecting unmatched scale, innovation, and dominance in shaping markets and the broader economy.
Looking to dive deeper? Explore our latest research on the Magnificent Seven.
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