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

Benzinga

The combined market value of the so-called Magnificent Seven tech giants surged to a record $19.4 trillion Thursday morning, according to Benzinga. The group includes Microsoft, Meta, Nvidia, Apple, Amazon, Alphabet, and Tesla, and now makes up 35% of the S&P 500. The combined market cap of the Mag Seven stocks now exceeds China’s 2024 economic output of $18.7 trillion, according to the World Bank. Microsoft topped $4 trillion in market cap for the first time, fueled by strong AI momentum, with analysts from Goldman Sachs and Bank of America raising their price targets. Meta shares jumped more than 12% as AI-driven ad tools and video engagement pushed revenue and guidance higher.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02The combined market value of the so-called Magnificent 7 tech giants

00:05surged to a record $19.4 trillion Thursday morning, according to Benzinga.

00:11Group includes Microsoft, Beta, NVIDIA, Apple, Amazon, Alphabet, and Tesla,

00:15and that makes up 35% of the S&P 500.

00:18Combined market cap on the MAG 7 stocks now exceed China's

00:202024 economic output of $18.7 trillion, according to the World Bank.

00:25Microsoft topped $4 trillion in market cap for the first time,

00:28fueled by strong AI momentum, with Goldman Sachs and Bank of America

00:32raising their price targets.

00:34Native shares jumped more than 12% as AI-driven ad tools

00:37and video engagement push revenue and guidance higher.

00:40For all things money, visit Benzinga.com.

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