Magnificent 7 companies


"'The Magnificent 7 comprise over 30% of the S&P 500 —a level of concentration exceeding even that of the dot-com bubble,' Erwan Jacob, macro analyst with LSEG, wrote in a note Tuesday. 

"The Magnificent 7 companies are Apple, Amazon, Alphabet, Microsoft, Nvidia, Meta Platforms and Tesla.

"'It remains unclear whether such expenditures will be met with corresponding revenues,' Jacob noted."




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