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Rob Isbitts

Magnificent 7 State of the Union: How It Started, How It's Going, And What's Next for the Mag 7 in 2026

Mag 7 Alphabet Amazon Apple Meta Rob Isbitts AAPL

In early 2026, the Magnificent 7 are no longer moving together. And they’re not moving the market. While smaller companies try to make a dent in their historic lagging trend versus tech stocks, the biggest of the big have become a drag on the broader market rather than its leading group. 

Based on Friday’s close, there’s a notable performance gap between Alphabet (GOOG) (GOOGL) and Amazon (AMZN) and the rest of the pack. Especially when we consider that this is over just two weeks’ time.

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