What To Expect from the Magnificent Seven in 2025 [Video]

The S&P 500 had another banner year in 2024, rising more than 20% for the second straight year, a feat last accomplished in the 1990s. And just like the year before, a small group of stocks accounted for an outsized share of that gain.

The Magnificent Seven group of large-cap technology companies—Apple (AAPL), Nvidia (NVDA), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOG)(GOOGL), Meta (META), and Tesla (TSLA)— gained 63% in 2024, after rising more than 75% the year before. There were bumps in the road—the group had its worst day on record in July—but, for the most part, the artificial intelligence (AI) boom continued to boost the stocks of these tech giants. 

So, after two years of market dominance, what’s next for the Magnificent Seven?

Cumulatively, the Magnificent Seven book more in profit in a single year than most countries’ entire stock markets. And even in America …