The "Magnificent Seven" (Mag 7) is a group of leading technology companies whose stock growth has significantly outpaced the S&P 500, especially in recent years. Coined in 2023, the group consists of Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOGL), Meta Platforms (META), Nvidia (NVDA), and Tesla (TSLA). These companies have, at one point, reached market capitalizations of $1 trillion or more, with some exceeding $4 trillion as of January 2026.
The Mag 7 are recognized as market leaders with significant market share, customer loyalty, and global operations. They drive innovation in key sectors like AI, cloud computing, and electric vehicles. In 2025, the Mag 7 accounted for roughly one-third of the S&P 500's total market capitalization and were responsible for more than 40% of the S&P 500's total return. However, recent market sentiment has been negative towards the Mag 7, with concerns arising about high capital expenditures, particularly related to AI investments. As of February 2026, the Mag 7 represents 32.6% of the S&P 500.
