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Benzinga
Benzinga
Business
Piero Cingari

Magnificent Seven Now Worth Over $19 Trillion—And They Make Up 35% Of The S&P 500

Los,Angeles,,California,-,20,January,2023:,The,Magnificent,Seven

Wall Street's most powerful tech giants are rewriting the rules of market dominance.

What Happened: The so-called Magnificent Seven tech giants surged to a record-breaking $19.4 trillion in combined market value Thursday morning. This latest surge is reshaping the very structure of the S&P 500—leaving investors stunned.

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