The Magnificent 7 stocks are Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta and Tesla. Together they made up about 35% of SPY, an ETF that tracks the S&P 500, as of September 30, 2026. This year they are moving apart. Through October 23, 2026, Apple is up 27.9% and Tesla is down 17.2%, while the S&P 500 is up 11.4%.
Updated October 24, 2026. All prices are closes through October 23, 2026.
What are the Magnificent 7 stocks?
The Magnificent 7, or Mag 7, are seven giant US tech-driven companies that have done much of the lifting in the S&P 500 since 2023.
Apple (AAPL)
Microsoft (MSFT)
Nvidia (NVDA)
Alphabet (GOOGL and GOOG)
Amazon (AMZN)
Meta Platforms (META)
Tesla (TSLA)
Bank of America strategist Michael Hartnett coined the name in May 2023. It's a nod to the 1960 Western The Magnificent Seven.
How have the Magnificent 7 stocks performed in 2026?
Not as a pack. Apple leads the group, and only Apple and Nvidia are beating the S&P 500. Meta and Tesla are down for the year.
The 2026 returns on this page are price changes from the December 31, 2025, close and leave out dividends. Alphabet's figure uses its Class A shares (GOOGL). Its Class C shares (GOOG) are up 1.1% over the same stretch.
The gap between the best and worst Mag 7 stock is 45.1 percentage points. For how that spread looked a week earlier, see the Magnificent 7 on October 18.
How much of the S&P 500 is the Magnificent 7?
About 35%, going by SPY, an ETF that tracks the S&P 500. As of September 30, 2026, the seven companies made up 34.7% of SPY, counting both Alphabet share classes. All seven sat among the fund's 10 largest holdings, with Nvidia the biggest at 8.4%.
That's because the S&P 500 weights companies by market value, so the biggest names count the most. Our chart of the top 10 S&P 500 stocks by value gained shows where this year's dollars went, and our S&P 500 guide explains how the index is built.
How has the S&P 500 done without the Magnificent 7?
Better than the Mag 7 itself this year. By our math, using each stock's weight in SPY, the other 493 companies are up about 12.3% in 2026 through October 23. The Mag 7 as a weighted group is up about 9.7%.
That's the reverse of 2023, when the group carried the index. The seven stocks still added about 3.3 percentage points of the S&P 500's 11.4% gain this year, simply because they're so big.
The equal-weight S&P 500, which gives every company the same slice, tells the same story. The fund that tracks it, RSP, is up 13.0% in 2026 through October 23. See equal-weight vs the S&P 500 and how the median S&P 500 stock compares.
When do the Magnificent 7 report earnings?
Third-quarter earnings season is underway. Meta and Tesla reported on October 21, 2026. Here is what's next, per each company's investor relations page.
Alphabet, October 28, 2026, afternoon call
Microsoft, October 28, 2026, after the close
Amazon, October 29, 2026, call at 5 PM ET
Apple, November 2, 2026, call at 5 PM ET
Nvidia typically reports last of the group. Our earnings week ahead has the full calendar.
What does it mean for investors?
Owning the S&P 500 still means a big bet on seven companies, but in 2026 those seven aren't moving as one. For more on that tradeoff, read why the S&P 500 is a narrow bet on tech, the Mag 7 carrying the market as of October 1 and Luke Kawa on the Mag 7.
Past returns don't predict future ones.
More coverage lives on our stocks page.
Frequently asked questions
What are the Magnificent 7 stocks?
Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta Platforms and Tesla. They are among the largest US companies by market value and made up about 35% of SPY, an ETF that tracks the S&P 500, as of September 30, 2026.
Which Magnificent 7 stock is up the most in 2026?
Apple, up 27.9% in 2026 through the October 23, 2026, close. Nvidia is second at 13.1%. Tesla is the weakest, down 17.2%.
How much of the S&P 500 is the Magnificent 7?
About 35%, going by SPY, an ETF that tracks the S&P 500. The seven companies made up 34.7% of SPY as of September 30, 2026, counting both Alphabet share classes.
How has the S&P 500 done without the Magnificent 7?
By our math, the other 493 companies were up about 12.3% in 2026 through October 23, 2026, compared with about 9.7% for the Mag 7 as a weighted group and 11.4% for the full S&P 500.
When do the Magnificent 7 report earnings?
Meta and Tesla reported on October 21, 2026. Alphabet and Microsoft report on October 28, Amazon on October 29 and Apple on November 2, 2026. Nvidia typically reports last.
Why are they called the Magnificent 7?
Bank of America strategist Michael Hartnett coined the name in May 2023 as a nod to the 1960 Western The Magnificent Seven.
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