The "Magnificent Seven" is a term coined in 2023, referring to seven large-cap technology companies that have significantly impacted the stock market. These companies are Apple, Microsoft, Amazon, Alphabet (Google), Meta Platforms (Facebook and Instagram), Nvidia, and Tesla. The name is inspired by the 1960 Western film "The Magnificent Seven". The group's robust stock growth has outpaced the S&P 500 in recent years.
These companies lead in various tech sectors, including artificial intelligence (AI), cloud computing, e-commerce, software, semiconductors, electric vehicles, and social media. Many have reached trillion-dollar market capitalizations, influencing market indices like the S&P 500 and Nasdaq. In February 2026, the Magnificent Seven accounted for 34.3% of the S&P 500. While individual founding dates and leadership vary, the group is recognized for innovation, financial strength, and global operations. Recently, concerns have arisen regarding increasing capital expenditures and potential overvaluation.