Magnificence beyond the Magnificent 7? Here’s the next generation of AI winners powering the stock market.
To be sure, the Magnificent Seven — a group of megacap technology stocks including Apple, Microsoft Corp. MSFT, Google parent Alphabet Inc. GOOG GOOGL, Amazon, Nvidia Corp. NVDA, Tesla and Meta — have still dominated the AI narrative this year, accounting for about 36.4% of the S&P 500’s total market capitalization. But they’re no longer driving the S&P 500’s gains the way they did in 2023 and 2024.Just behind, Oracle Corp. ORCL and Palantir Technologies Inc. PLTR have also cracked the top 10 companies with ...