The “Magnificent 7” refers to a select group of seven leading U.S. tech companies that have dominated the stock market in recent years, particularly following the rise of artificial intelligence (AI). This prestigious group includes Alphabet (GOOGL), Apple (AAPL), Meta Platforms (META), Tesla (TSLA), Amazon (AMZN), Microsoft (MSFT), and Nvidia (NVDA). Most of these tech giants delivered exceptional earnings last year, driving their stock performance. Here’s a look at how these seven companies have performed over the past year, compared to the S&P 500 Index ($SPX), which gained 24%:
- Tesla stock gained 62.5%.
- Meta stock gained 69%.
- Google stock gained 37%.
- Amazon stock gained 46.3%.
- Nvidia stock gained 178.8%.
- Apple stock gained 34.9%.
- Microsoft gained 13.6%.
