Core Insights - The "Magnificent Seven" stock portfolio is facing a redefinition as investors seek a more comprehensive representation of AI beneficiaries [1][8] - The AI investment theme has expanded beyond the original "Mag 7" to include new market leaders such as Broadcom, Oracle, and Palantir, with significant stock price increases [1][9] Group 1: Market Dynamics - The "Mag 7" still accounts for nearly 35% of the S&P 500 index, with expected earnings growth of over 15% by 2026 [4] - There is increasing divergence within the "Mag 7," with Nvidia, Alphabet, Meta, and Microsoft seen as beneficiaries of the AI era, while Apple, Amazon, and Tesla face uncertain prospects [4][6] - Oracle's stock has risen over 75% this year, while Palantir has seen a 135% increase, making them significant players in the AI space [1][9] Group 2: New Stock Compositions - Various new stock portfolio concepts are emerging on Wall Street to capture true AI winners, including "Fab Four," "Elite 8," and the "Magnificent 10" index [3][10] - Analysts suggest removing Tesla from the mix to create a "Big Six" portfolio, while others prefer including chipmaker Broadcom in the "Elite 8" [10] - The "Magnificent 10" index includes the original seven companies plus Broadcom, Palantir, and AMD, selected based on liquidity, market cap, trading volume, and leadership in AI and digital transformation [10]