What are the Magnificent 7?

The "Magnificent 7" refers to a group of seven highly influential and highly valued multinational technology companies dominating the U.S. stock market: Apple, Microsoft, Alphabet (Google), Amazon, Nvidia, Meta (Facebook), and Tesla.

These mega-cap tech giants hold massive weight in broader indexes like the S&P 500 and Nasdaq. Because of their sheer size, innovative power, and market capitalization, tracking the Magnificent 7 provides a laser-focused snapshot of tech sector momentum and overall market sentiment.

Ticker: MAGS (Roundhill Magnificent Seven ETF) is the most common way to track them collectively.

Curiosity: At their peak in early 2024, the Magnificent 7 combined had a larger total market capitalization than the entire national stock markets of the United Kingdom, Japan, and Canada combined.