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Magnificent Seven

As Magnificent Seven stocks dip, smaller companies have taken up the mantle

by Kristin Schwab and Sarah Leeson
Aug 5, 2024
The companies that could profit the most from a potential Fed rate cut aren't Big Tech companies, so investors are shifting their focus.
With Big Tech companies stumbling in recent earnings, the hundreds of smaller companies in the S&P 500 have sprung to life.
Michael M. Santiago/Getty Images
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Just what is the 'Magnificent Seven' and why is everyone talking about them?

by Kristin Schwab
Jul 23, 2024
These seven tech companies have an outsize influence on the stock market.
The Magnificent Seven refers to seven tech companies that have an outsize influence on the stock market — and are named for the 1960 Western flick.
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